Financial statements include profit and loss statements (income statements), balance sheets (statements of financial position), statements of owners’ equity, and cash flow statements. The names of these reports vary with non-profit organizations and personal (family) financial statements
Jeanine and her associates of network vendors / contractors will code accounting clients' incoming transactions to the correct financial reports each month if we manage your online accounting system. Then clients may either order their own reports two to three weeks after a month of posting your transactions. Current accounting clients may receive a 15-minute monthly review of their financial reports upon request by scheduling at https://remotebusinesssolutionsinc.org/Appointments.php.
Jeanine will be glad to teach current clients upon request and appointment...
how to read their financial statements, and
how to use the statements as financial management tools.
A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.
An income statement, otherwise known as a profit and loss statement or a P & L statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.
Please schedule a 15 minute telephone appointment if we may be of service to you.
We look forward to learning about your business!