Balance Sheet Reports

 

Current Ratios

A basic test of the business' ability to pay its short term debts from short term resources (eg. Is there a need to sell off some assets?)

Sometimes ratios will show a very different view of your business to the financials view (eg. strengths and weaknesses)

 

Inventory Turnover Rate

Establishes the average rate of inventory turnover in the business (eg. May be a need for a review of purchasing decisions?)

 

Accounts Receivable (Debtors) Rate

Compares average collection period to date against previous Financial Year (eg. May need to improve debt collection to avert possible cash flow issues)

 

Accounts Payable (Creditors) Rate

Compares average payment period to date against previous Financial Year (eg. May need to negotiate with suppliers to avert possible cash flow issues?)

 

More About What Other People Say…

“Very impressed with the ease of use - a major benefit for our business. Being often too busy to study the KPI's of our business financials, GPS leaves us with a feeling of relief and control; knowing where the business is at - and where we are going - with the minimum of time and effort. We recommend GPS Reports to any small to medium business, as valuable financial reporting tools."

Greg & Linda Diment, The Camping Store