You do not need to be an accountant to understand your numbers. These three reports tell you almost everything about the health of your business.
Profit and loss statement
Shows your revenue, expenses and profit over a period of time. Use it to understand margins and spot rising costs.
Balance sheet
A snapshot of what your business owns and owes on a specific date. It shows your cash position, debts and equity.
Cash flow statement
Explains how cash moved in and out of your business. A profitable business can still run out of cash, which is why this report matters.
Making reports work for you
Review these reports every month, compare them to previous periods and ask what changed. Our monthly reporting service delivers all three with a plain English summary.