A clean Profit & Loss statement comparing two quarters, with revenue, cost of sales, operating expenses and net profit all in one view. The % change column shows at a glance what is growing and what is costing more. I prepare reports like this so business owners can understand their numbers without being an accountant.
The client's inventory wasn't organized. Products weren't consistently recorded, there was no SKU structure, and the system's stock figures didn't match what was physically on the shelves. That made it hard to know what they really had, what it was worth, and what their cost of sales should be.
What I did
Chose the right tool. I recommended QuickBooks Plus, which handles inventory tracking properly, rather than patching up spreadsheets.
Built the product list. I added every product to the system and allocated a clear SKU to each one.
Sorted the inventory. I organized the stock records so each item could be identified and tracked.
Reconciled to a physical count. I compared the system quantities with the actual stock on hand and resolved the differences.
Small business owners: your books don't have to be overwhelmed.
I'm building Balanced by Ash to help small businesses keep their bookkeeping organized and up to date.
I can help with: Quickbooks online bookkeeping, Transaction categorization, Bank and account reconciliations, accounts payable and receivable, invoicing, data entry and bookkeeping cleanup, basic financial reports.
I'm QuickBooks trained and Intuit Bookkeeping certified, and I'm currently taking on small freelance bookkeeping projects.
If your books need a little organization-or you have bookkeeping work that's been sitting on your to-do-list-I'm available for project-based work.