At Cash Ways Bookkeeping Services we work with you to create structured financial statements that can be used by progressive small to medium-sized businesses to provide an accurate snapshot of the organisation’s financial position and profitability at any given time.  Customised reports analysing income and cost drivers and identifying problem areas of your business can be invaluable when aiming for growth and scalability of your business.

• Management Reports – giving business owners and management an easy to understand snapshot of relevant financial information.
• A Profit and Loss Statement outlines an organisation’s income, expenses and profit over a certain period of time.  Comparing actual figures to budgeted figures for the same period of time will help identify unforeseen problems.
• A Balance Sheet outlines the current financial position of your as of a specific point in time. The Balance Sheet shows what an entity owns (assets) and how much it owes (liabilities), as well as the amount invested in the business (equity).
• Ratio analysis of these financial reports can be used to determine where the business is working well or not and where problems lie for future operations.
• Budget preparation and end of year analysis against actual figures.
• Cash flow forecasts for identifying possible problems resulting from insufficient funds and flagging timelines for sourcing extra business funding.
• Cash Flow Statement – shows where a business’ cash is being generated (cash inflows from activity sources), and where its cash is being spent (cash outflows from activity sources and cost drivers), over a specific period of time (usually quarterly and annually).
• Accounts Receivable Aging
• Accounts Payable Aging
• Custom reporting