more-arw search

Q&A Forum

Can someone please describe how you would prepare & generate a monthly financial report for your management?

Shadab Anwar's Profile

Answers

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

Financial Reports at a minimum consists of:

Balance Sheet
Income Statement
Statement of Cash Flows

Additional reports are based on your business and what management wants, such as:

A/R and A/P aging
Stock positions
Cash Summary
Bank Reconciliations
Sales Reports
Head Count
KPI's ... etc.

Some accounting systems make many of these reports easy (push of a button), others not so - requiring Excel skills...

Okorite Isaac Briggs
Title: Accountant
Company: DWZ Limited
(Accountant, DWZ Limited) |

Depends on the reporting needs of users (Management).

Suggested End-Of-Month Report (EOMR) Format

Revenue:
Opex
EBITDA
Depreciation
EBIT
Interest
PTB
Tax Provision
PAT
KPIs
EBITDA Margin
EBIT Margin
PBT Margin

Report Generation depends on your ERP (Netsuite/Sage/Excel Template)

263 views
Topics
Products and Companies

Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email content@proformative.com to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.