Out of the box, QuickBooks includes a number of canned financial statements. They’re an excellent starting point to present the results of your business, but they’re just that: a starting point.
One function of financial statements is to allow owners and managers to quickly understand a company’s performance and financial position. Different owners and managers running businesses in distinct industries have different needs.
Custom financial statements present your results in a personal way. They allow you to have a laser-focus on the specific numbers that are important to your business.
Financial statements are also the public face of your business when communicating with bankers, investors, and suppliers. Custom financial statements do away with the “copy cat” look of the standard QuickBooks statements and demonstrate that you’ve taken extra effort to make your results easily accessible to financial statement readers. That’s an important first step to building a business relationship.
To get more information on how custom financial statements tailored to your business can make it easier to quickly understand and reflect your performance, just fill out our inquiry form.