ClaudeClaude is riding the AI wave like every other AI chat service should. It has gone berserk. While we were still figuring out how to use Claude Cowork effectively, it launched Claude for Excel. Now we are here to show you how to use it to build a three-statement model in minutes. We don’t mean to belittle Copilot, but Claude has smoked it into oblivion. Those who are into finances know that it’s not easy to build a three-statement model. This is basically CFO stuff. For those who have no idea what it is, a three-statement model links the income statement, cash flow statement, and balance sheet into one coherent financial engine. Every assumption flows through the model, so changes in revenue, costs, capex, or financing immediately show up in cash and the balance sheet. If it is built correctly, nothing is “plugged,” and the balance sheet always balances. It is the core tool for understanding how a business actually makes money, burns cash, or scales over time.
So we chose the most sought-after, complex model that would make any CFO immensely happy, and we're showing you how Claude for Excel can make your life easier.
This walkthrough guides you through installing Claude for Excel, generating financial models that include an actual balance sheet, cash flow statement, and income statement, and creating a statement of cash flows.
By the end of this tutorial, you will be able to:
Install Claude for Excel
Generate a financial model
Create a statement of cash flows
Create forecasting projections based on the model
Let’s dive right into it!
