Monthly & Quarterly Performance Reporting
Profit and loss statements, balance sheets, and KPIs delivered on a regular schedule. These reports show you what's actually happening in your business so you can make decisions based on facts.
What This Is
Performance reporting means receiving your financial statements on a regular schedule, not just at year-end when your tax preparer needs them. You get a profit and loss statement showing what you earned and what you spent. You get a balance sheet showing what you own and what you owe. And you get the key performance indicators that matter for your specific business.
This is different from compliance reporting. The purpose here is not to satisfy the IRS or produce documents for a loan application. The purpose is to give you visibility into how your business is actually performing so you can make informed decisions throughout the year.
The Reports
The Reports
Your profit and loss statement shows revenue, expenses, and net income for the period. Your balance sheet shows assets, liabilities, and equity at a point in time. KPIs track the specific metrics that drive your business, whether that’s gross margin, labor cost percentage, or revenue per customer.
The Schedule
The Schedule
We deliver reports monthly or quarterly based on what makes sense for your business. A contractor with multiple active jobs might need monthly visibility. A professional services firm with steady recurring revenue might be fine with quarterly. We figure out the right cadence together.
Why It Matters
Most business owners manage by bank balance. They log into online banking, see a number, and use that to decide if things are going well. But the bank balance is misleading. It does not account for outstanding invoices, upcoming payroll, or sales tax you collected but have not yet remitted. It tells you how much cash you have, not whether your business is profitable.
Without regular reporting, you find out about problems at tax time. You discover that material costs ate into your margins all year. You realize that a client who seemed like a big account was actually unprofitable once you factor in all the extra work. By then it is too late to change anything. You already lived through the year without seeing what was happening.
Decisions Made on Gut Feeling
Decisions Made on Gut Feeling
Should you hire another employee? Can you afford that equipment? Are you pricing your services correctly? Without current financials, you answer these questions based on how things feel. Sometimes you guess right. Sometimes you overextend or miss an opportunity because you were not sure.
The Year-End Surprise
The Year-End Surprise
You worked hard all year. You were busy. You assumed busy meant profitable. Then the annual financials arrive and the margins are thinner than you expected. Overhead crept up. A service line lost money. You spent twelve months operating a certain way without knowing it was not working.
What Changes
You stop guessing and start knowing. Every month or quarter, you see a clear picture of where your business stands. Revenue trends, expense patterns, and profit margins are visible. When something shifts, you see it in the numbers before it becomes a crisis.
Questions that used to require guesswork get answered with data. Can we afford to bring on a project manager? The reports show whether the revenue supports it. Should we drop that client who always pays late and demands extra revisions? The numbers reveal whether they are worth the hassle or costing you money.
Early Warning
Early Warning
Problems show up in the numbers before they show up in your bank account. Material costs rising three months in a row. Labor percentage creeping above your target. Revenue from a key customer declining. You spot these trends early and can respond before they become emergencies.
Confident Planning
Confident Planning
Growth decisions become easier when you know your numbers. You stop second-guessing every investment because you are unsure if you can afford it. You stop being overly conservative when the data shows you have room to move. Planning is based on what is actually happening, not what you hope is true.
The Treasure Valley's Tax and Accounting Team
The Next Step:
A Short Conversation
Tell us what you're dealing with. We'll listen, answer your questions, and give you a straightforward quote.
