5 Accounting Reports Business Owners Need to Understand

Lisa Stoneham

17 posts

A qualified accountant and bookkeeper, Lisa has been managing business numbers since 2005. She is a member of CPA Australia, holds a Bachelor of Business degree from Monash University, is a Registered BAS Agent and a Xero Certified Consultant.

5 Accounting Reports Business Owners Need to Understand

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4 years ago

The main cause of business failure is poor financial management. Figures from the Australian Bureau of Statistics indicate that more than 60 percent of small business cease operating within the…

What Really Drives Cash Flow In Your Business?

Blog

4 years ago

Cash flow is driven by a number of factors including: Accounts Receivable – this refers to the amount of money owed to your business by your customers. If customers pay…

What Does Your Balance Sheet Say About You?

Blog

4 years ago

Your Balance Sheet is the most important report you need to look at. It tells you what you own and what you owe. This report shows your business assets, what…

Managing Your Work in Progress to Keep the Cash Flowing

Blog

4 years ago

Work in progress refers to a business’ partially finished goods or services awaiting completion and eventual sale on the value of those items. For goods work in progress can refer…

Managing Your Creditors to Conserve Cash

Blog

4 years ago

If you manage your creditors in the right way you can actually save your business some money and hold onto your cash for a little while longer. Some tips to…

4 Things to Consider When Managing Business Assets

Blog

4 years ago

Purchasing assets such as machinery, motor vehicles and equipment are very expensive and would be the biggest outlay your business will make. It is very easy for a business owner…

Keeping your DEBTORS in line to to keep your cash Ticking OVER!

Blog

4 years ago

To start off with it is absolutely critical to get your invoicing process right. Get this right and it will be easier for the customer to pay your invoice. You…

Understanding Aged Debtors & Creditors Reports

Blog

4 years ago

We will unravel two more of the reports required to understand your numbers – the aged debtors and aged creditors reports. These two reports tell you how much your…

accountant-calculating-profit-with-financial-analysis-graphs

Do you know what is going on in your Business?

Blog

4 years ago

Did you know that the main cause of business failure is poor financial management? Good financial management is how businesses make money. The odds of surviving in business long…

Understanding Your Budget Report

Blog

4 years ago

Your Budget report is an estimate of what your income and expenses will be for a future given period – usually. It is invaluable for planning your business strategy. Your…

5 Accounting Reports Business Owners Need to Understand

5 Accounting Reports Business Owners Need to Understand

What Really Drives Cash Flow In Your Business?

What Does Your Balance Sheet Say About You?

Managing Your Work in Progress to Keep the Cash Flowing

Managing Your Creditors to Conserve Cash

4 Things to Consider When Managing Business Assets

Keeping your DEBTORS in line to to keep your cash Ticking OVER!

Understanding Aged Debtors & Creditors Reports

Do you know what is going on in your Business?

Understanding Your Budget Report

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