Financial Reporting Services
As a small-business owner, you need to stay on top of many different aspects of your business: marketing your products or services, managing your staff, securing funding and investments, creating business strategies, and making sure you don’t break the law while doing all of these and more. The ultimate goal? Profitability. Excellent financial health. The process of producing statements and reports for these stakeholders is a vital aspect of financial reporting. When starting out a small business, entrepreneurs may find it quite confusing to determine which reports are important and how to read these financial reports. QuickBooks Online makes it easy to create accurate ﬁnancial reports and organizes your ﬁnancial data in one place. Access your ﬁnancial data and reports anytime and from anywhere so you always make smart business decisions. An effective financial report should give you a good idea of how your business is faring. Your financial reports show how much your business is worth, how much you are making or losing, how much of your income is taxable, and how much money is going in and out of your business through its day-to-day transactions.