At Your Bookkeeping Angel are fulfilled in good bookkeeping. By making sure you stay complaint. We can provide profit and loss from MYOB or Xero, but if you need a more detail reports. We can do up ones to suit your budget, helping you to compare from last year to this year.
Quarterly Financial Reports
In this report, we make comparisons of this year to last year, this quarter to the same quarter last year and this month to last month. We include the COS and Expenses represented as a % of the Sales and the Balance Sheet.
You can also pass over a copy of this report to your Accountant so that they can see in a snapshot, where your business is at and to give a more in-depth analysis of the story behind the figures. This could help you plan for your EOY.
We recommend this for micro to small business owners, at a cost of $80 per report it’s affordable for any size business. (First two reports are free, for new clients)
We encourage our clients to think and behave like they are larger than they really are which has a flow-on effect of generating growth in their business.
Some business owners keep a lot of the financial information in their head and manage to run their business successfully for many years. This report helps them compare last year to this year. You can manage and strategies your business better.
The Yearly Reports include the Fitness Review which examines five KPI’s in the business:
- Cash Flow
- Gross Profit
- Net Profit
- Accounts Receivable and Accounts Payable Collection Rate
- Current Ratio