Spreadsheet based applications are needed by students and lecturers to expedite the financial management learning process. The aim of the research was to produce a spreadsheet-based application for financial management that can be used for real learning. Spreadsheet-based application for financial management includes cash, accounts receivable, inventory, fixed assets, liabilities, equity, financial ratios, and time value of money management. his study uses a qualitative approach with descriptive methods. The research model used was adapted from the research and development model with stages: 1) analysis of the needs of teaching materials; 2) development of a draft spreadsheet-based application for financial management; 3) testing draft spreadsheet-based applications for financial management. The results of the study is a spreadsheet-based application for financial management can be used in real learning. The test results show that spreadsheet-based applications have given the same results as the manual calculation results.