Guide to Business Reports (Other than UPS, Hospitality, QSR businesses)
Table of Content
A. Management Reports
- Owner's Operating Statement: Furnishes a comprehensive financial outlook of your business. Access this via Docyt to better understand your profitability, revenue, and expenses.
- Operator's Operating Statement: Concentrates on operational facets of your business.
- Balance Sheet Statement: Presents a snapshot of your business's financial state, encompassing assets, liabilities, and owner's equity. Access this in Docyt to clarify your financial status and inform decisions.
- Cash Flow Statement: Monitors your business's cash inflow and outflow, aiding in effective cash management and future expense planning. Use Docyt to access this report and safeguard financial stability.
B. Expense Report
- Vendor Expense Report: Gives vendor and supplier-related expense insights, facilitating cost analysis and savings identification. Access this report via Docyt to efficiently oversee vendor expenses.