Simply put this presents your monthly breakdown of sales, cost of sales and expenses; also called a Profit and Loss Statement.

This summarizes your total business assets, liabilities and net worth at a given point in time to make decisions about capital expenditures or how to improve profits.

Big words that help us show comparison and proof of your bank account statement with your checkbook balance each month to ensure you are working with the correct total.

One of those things you never know you need it till you need it. A record of the dates, check numbers, payees and amounts of all expenses within each of your business accounts. Whether you prepare your records by hand or using one of the computerized accounting systems, this report will provide you with the assurance that your reports have been properly prepared