P&L · Year-round operations
Numbers you can
make decisions with.
Reports are only useful if someone explains them. We prepare your profit and loss, balance sheet and cash flow, add the context that matters, and set up your accounting system so the reports stay reliable.
This is for you if
- You get reports but don’t really use them.
- You want to know which services, products or clients actually make money.
- A lender or investor has asked for financial statements.
- You’re setting up QuickBooks Online or Xero for the first time.
Why it matters
Most small businesses steer by bank balance.
The bank balance tells you what is there today — not what you owe, what is coming in, or whether last month was profitable. Good reporting answers those questions in a page.
Scope
What’s included
Core statements
- Profit & loss (income statement)
- Balance sheet
- Cash flow summary
- Comparisons to prior periods
Management reporting
- Revenue and margin by service, product or client where your data allows
- Accounts receivable aging
- A plain-language commentary on what changed
- Year-end financial organization
Systems
- Accounting system setup in QuickBooks Online or Xero
- Chart of accounts design
- Bank feeds, receipt capture and app connections
- Simple month-end checklist for your team
Not included
- Audit, review or compilation engagement reports — these must be issued by a licensed public accountant. We prepare organized records for them.
Process
How it works
- 01
Understand
We learn what decisions you make and which numbers would help.
- 02
Structure
We adjust the chart of accounts and tracking so the right numbers can be produced.
- 03
Report
Monthly or quarterly reports with commentary.
- 04
Discuss
A short call to go over the results when you want one.
Preparation
What we’ll need from you
- Access to your accounting software
- The questions you want answered
- Any reporting requirements from lenders or investors
Documents are shared through a secure portal once we work together — never through the website form.
Questions
Accounting & reporting: common questions
Can you prepare financial statements for my bank?
We prepare internal, management-prepared financial statements. If your lender specifically requires a compilation, review or audit engagement report, that must come from a licensed public accountant — we can prepare your records so that engagement is efficient.
What is the difference between bookkeeping and accounting?
Bookkeeping records and reconciles transactions. Accounting interprets them — adjusting entries, statements, analysis. We do both, which is why the reports are reliable.
Related
Often paired with
Talk to us about Accounting & reporting.
Tell us where things stand. We’ll review it, talk it through with you, and send a written scope before any work begins.
- 01Tell us about your situationA short form — no documents needed.
- 02We talk it throughA conversation about what you need and what you don’t.
- 03You get a written scopeClear deliverables and a quote before anything starts.