Now that business owners are getting more savvy around their finances, the reporting from the basic accounting system may not give them everything they need. With on-line accounting business owners can access their information in real-time without having the wait until ‘month end.’
The accounting system can provide good information on past results around Debtors, Credits, Wages, Profit and Loss and Balance Sheets.
To get current and, more importantly, future information a specialised reporting system may be what you need. These can help forecast Cash Flow, Profit, Calculate Break even Point and even track your progress against your goals.
In order to assist clients with reporting and analysis of their business finance data, we have introduced some new tools, available for use right now: