by Adina Luca | Oct 21, 2015 | Standard, Uncategorized
You could easily have a decade span of information monitored in your reports. You can keep along the last 3 to 5 years of finance and project for the next 3 to 5 years. That is a good span of information to help you in your short and long term decisions. Misleading...
by Adina Luca | Oct 21, 2015 | Standard
Keep comparisons with previous years in a clean integrated spreadsheet that includes the profit drivers you want to monitor. You can visualise it quarterly, bi-annually or annually, depending on your seasonality. Do not start your spreadsheets brand new each year and...
by Adina Luca | Sep 21, 2015 | Standard
Keep reports on variations of your categories of expenses that form your Direct Cost. That is your first key to ensure the profitability of your service and you want to know how things have changed over time. The changes in your cost of unit can tell you whether you...
by Adina Luca | Jul 21, 2015 | Standard
Your cash flow is important as a projection for future, not as past information. You don’t need to maintain cash flow statements year on year. You could keep ageing reports, such as Average Days Outstanding and reports on percentage of revenue that you cash in over...
