Where Did Our Money Go?

Where Did Our Money Go?

It’s frustrating, isn’t it? You’ve been watching the sales roll in, you’ve been keeping a close eye on expenses and your month-end report shows a healthy profit. But there’s nothing in the bank! How does that happen? You ask ‘where did our money go?’. One...
Where Our Money Has Gone

Where Our Money Has Gone

You’ll be familiar with the Where Did Our Money Go? report that’s included in your standard reports every month. This month the corresponding chart is one of the bonus reports – have a look and see things from a different perspective! Like the report, the chart helps...
Expenses to Budget

Expenses to Budget

Expenses vs Budget Report We all have good months and bad months so sometimes it’s necessary to look at the bigger picture and see how well the year is going so far. We need to compare our expenses with our budget, and this report helps us do just that. The line on...
The Balance Sheet Forecast

The Balance Sheet Forecast

The Balance Sheet Forecast may look like a meaningless mass of numbers but bear with me and together we will impress your bank manager. Going for a Loan If you’re going for a loan, there’s a good reason for your bank manager to ask for what’s known as a “3-way...
Analysing Your Breakeven Point

Analysing Your Breakeven Point

What does it mean to break even? Basically, your income is equal to your costs and you have zero profit. Now, why would anyone want to know how to generate zero profit? That’s a good question. The point isn’t to aim for the breakeven point, but to be aware what it is...
Liquidity Ratios x 3

Liquidity Ratios x 3

We drop some of these ratios into your bonus packs from time to time. They are great indicators used as an early-warning signal of upcoming cashflow problems. Monitor them over time, watch the direction of the trends and get advice if they are heading the wrong way –...