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Financial ReportsWe work closely with our clients as partners to provide insight and assistance into the financial management, processes, and control of their business. Having financial reports on a monthly basis helps you make better informed and timely decisions around your business finances. Financial Reports provide an overview of your businesses financial conditions in both short and long term. Our monthly reporting package includes: Income Statement: showing the revenues, expenses, and profit for the month and Year-to-Date so that you can track how profitable you are. Balance Sheet: shows you the cash available, accounts receivable, inventory balances, fixed assets, accounts payable, GST/PST payable, source deductions payable, taxes payable, bank loans, shareholder loans, and retained earnings. A/R Aging: detailed report showing which customers owe money and how old the balances are. A/P Aging: detailed report showing which bills are unpaid based on when they are due. Give us a call to discuss our Bookkeeping solution - (416) 803-5638. |
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