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Understanding Monthly Financial Statements

Monthly financial statements give you the insights you need to make informed business decisions. Learn how we prepare accurate P&L and Balance Sheet reports every month.

What This Includes

When you work with us for monthly bookkeeping or QuickBooks setup, this is included. Here's what that means:

Monthly Profit & Loss (P&L) statement

Monthly Balance Sheet

Accurate financial data based on reconciled accounts

Clear presentation of revenue, expenses, and profitability

Assets, liabilities, and equity tracking

Comparison to previous periods when applicable

Professional formatting ready for stakeholders

How It Works

1

We complete your monthly bookkeeping and reconciliations

2

We generate your Profit & Loss and Balance Sheet statements

3

We review the statements for accuracy and completeness

4

You receive your financial statements with any insights or questions

Included in Our Services

Monthly financial statements are included in our monthly bookkeeping service. You'll receive accurate P&L and Balance Sheet reports every month, giving you the financial clarity you need to run your business effectively.

Frequently Asked Questions

Is this a standalone service?

No, monthly financial statements are included in our monthly bookkeeping service. We prepare your P&L and Balance Sheet as part of keeping your books current and accurate.

What's included in the monthly financial statements?

You'll receive a Profit & Loss statement showing your revenue, expenses, and net income, plus a Balance Sheet showing your assets, liabilities, and equity. Both are based on your reconciled accounts.

When will I receive my monthly statements?

Typically within 5-7 business days after month-end, once we've completed your monthly bookkeeping and reconciliations. We'll send them along with any insights or questions.

Can you customize the reports?

Yes, we can customize financial statements to highlight specific accounts or metrics that matter most to your business. We'll work with you to ensure the reports give you the insights you need.

What if I need reports more frequently?

While monthly statements are standard, we can provide financial reports on a more frequent basis if needed. We want you to have the information you need to make decisions.

Ready to get monthly financial insights?

Monthly financial statements are included in our monthly bookkeeping service.