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MYOB – Reporting is key – Top 5 Reports for small business monthly

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MYOB Quickbooks Bookkeeping

Bookkeeping Help Top 5 Reports

Reporting is key to control of a business – Top 5 MYOB Reports Monthly could/should be

  1. Profit & Loss,
  2. Balance Sheet,
  3. Aged Receivables,
  4. Aged Payables,
  5. Cash Profit and Loss,

then others – Inventory levels or Timebilling for Work in Progress etc adapted to your business.
Get the most from Profit & Loss – use the YTD version, as it gives you the current period eg the month or quarter, the % margins, as well as for the year to date from July with % margins – you can see quickly current and the full year, Gross Profit and Profit margins – all nicely in one report!

Further discussion about the key need for reporting is HERE

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Author: accountkeepingplus

Administration, bookkeeping and compliance for small business, and Self-Managed Super Funds (SMSF) Training, trouble-shooting, or we can do the books and payroll for you! Self Managed Superannuation Fund Service Provider, Free support MYOB Certified Consultant, Reckon/QuickBooks Professional Partner.

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