Financial Month End Style 217

This article is provided as a best practice for Community Management Accounting. Be advised that TOPS Software is not a certified public accounting firm. Companies issue different types of business financial statements for a variety of reasons at a variety of times during the year. Public companies are required to issue audited financial statements to the public at least every quarter. From this starting point, we can add or subtract the operating activities reported on the income statement. This includes all revenues and expenses that the company incurred during the year. Close the books with less runaround. Share this sheet with your accounting team to easily manage your financial month end process and keep everyone on schedule. Use the sheet for monthly, quarterly, and annual tasks. This finance dashboard example provides an easy to understand overview of the Income Statement from revenue to net profit, enhanced by relevant performance ratios. The finance dashboard centers around four important financial indicators; Gross Profit Margin, OPEX Ratio, Operating Profit Margin and Net Profit Margin.

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