Management Reports

for

June 2017

PREPARED BY

POWERED BY

Contents

1. Management Reports

Cashflow Forecast

Actual vs Budget

P&L Forecast

Where Did Our Money Go?

Net Worth

2. Understanding your Reports

3. Bonus Pack

Cumulative Income to Budget

Wages to Turnover

Bank Movement

4. Understanding your Bonus Pack

5. How I came up with your numbers

Cashflow Forecast Chart — Your Company

JUL 2017 — JUN 2018

From The Invisible Accountant Page 1 of 103/07/2017 05:20

Actual vs Budget — Your Company

MONTH: MAR 2017

Budget -Annual Total

Budget - Next Month

VarianceYTD BudgetsYTD ActualsVarianceBudgetsActuals

Jul 2016 -Mar 2017Mar 2017

Income

1,696,500180,000137,6371,290,0001,427,63726,482135,000161,482 Sales

1,696,500180,000137,6371,290,0001,427,63726,482135,000161,482Total Income

Cost of Sales

759,00082,500(33,104)573,000606,104(5,709)60,00065,709 Cost of Sales

759,00082,500(33,104)573,000606,104(5,709)60,00065,709Total Cost of Sales

937,50097,500104,533717,000821,53320,77375,00095,773Gross Profit

Expense

201,75015,0005,285153,000147,715(1,427)15,00016,427 Admin Expenses

125,00010,41793,75093,750010,41710,4170 Depreciation

584,85045,00021,619451,500429,881(4,282)45,00049,282 Wages & Salaries

58,3354,5002,18145,15042,969(428)4,5004,928 Superannuation

969,93574,917122,835743,400620,5654,27974,91770,637Total Expense

(32,435)22,583227,368(26,400)200,96825,0528325,135Operating Profit

From The Invisible Accountant Page 1 of 203/07/2017 05:17

Budget -Annual Total

Budget - Next Month

VarianceYTD BudgetsYTD ActualsVarianceBudgetsActuals

Jul 2016 -Mar 2017Mar 2017

Other Expense

21,0001,500(1,304)16,50017,804(143)1,5001,643 Interest

21,0001,500(1,304)16,50017,804(143)1,5001,643Total Other Expense

(53,435)21,083226,064(42,900)183,16424,909(1,417)23,493Net Profit

Additional Information

2748(3)3538(3)3538Debtor Days

(3%)12%(16)(3%)13%(16)(1%)15%Net Profit Margin

From The Invisible Accountant Page 2 of 203/07/2017 05:17

P&L Forecast — Your Company

JUL 2016 -JUN 2017

ForecastForecastForecastActualsActualsActualsActualsActualsActualsActualsActualsActuals

ProjectedTotal

Jun 2017May 2017Apr 2017Mar 2017Feb 2017Jan 2017Dec 2016Nov 2016Oct 2016Sep 2016Aug 2016Jul 2016

Income

1,834,13793,000133,500180,000161,482115,713109,469183,029158,055159,365211,640166,350162,534 Sales

1,834,13793,000133,500180,000161,482115,713109,469183,029158,055159,365211,640166,350162,534Total Income

Cost of Sales

792,10440,50063,00082,50065,70945,51539,55879,47271,12571,71485,01474,85873,140 Cost of Sales

792,10440,50063,00082,50065,70945,51539,55879,47271,12571,71485,01474,85873,140Total Cost of Sales

1,042,03352,50070,50097,50095,77370,19869,911103,55786,93087,651126,62691,49389,394Gross Profit

Expense

196,46515,00018,75015,00016,42713,00412,17215,32315,80615,93726,15816,63516,253 Admin Expenses

31,25010,41710,41710,417000000000 Depreciation

563,23140,50047,85045,00049,28240,63833,47240,66347,41747,81071,93549,90548,760 Wages & Salaries

56,1544,0504,6354,5004,9284,0643,3474,0474,7424,7817,1934,9914,876 Superannuation

847,10069,96781,65274,91770,63757,70648,99160,03467,96468,527105,28671,53169,890Total Expense

194,933(17,467)(11,152)22,58325,13512,49320,92043,52318,96719,12421,34019,96219,504Operating Profit

Other Expense

From The Invisible Accountant Page 1 of 203/07/2017 05:18

ForecastForecastForecastActualsActualsActualsActualsActualsActualsActualsActualsActuals

ProjectedTotal

Jun 2017May 2017Apr 2017Mar 2017Feb 2017Jan 2017Dec 2016Nov 2016Oct 2016Sep 2016Aug 2016Jul 2016

22,3041,5001,5001,5001,6431,6261,5213,2821,5811,5943,2701,6641,625 Interest

22,3041,5001,5001,5001,6431,6261,5213,2821,5811,5943,2701,6641,625Total Other Expense

172,629(18,967)(12,652)21,08323,49310,86719,39940,24117,38617,53018,07018,29917,879Net Profit

Additional Information

44%44%46%45%46%46%47%42%43%44%44%47%48%Debt Ratio

244%244%229%232%224%224%226%226%225%226%228%218%219%Working Capital Ratio

From The Invisible Accountant Page 2 of 203/07/2017 05:18

Where Did Our Money Go? — Your CompanyJUL 2016 - JUN 2017

Summary Profit and Loss

MovementClosing Jun 2017Opening Jul 2016

1,002,788Income

5,998Cost of Sales

935,632Expense

0Other Income

0Other Expense

61,158Net Profit

Where Our Money Came From

24,15972,47748,318Loans Payable (21130)

20,839(29,018)(49,857)Superannuation Payable

15,12545,37530,250PAYG Withholding Payable

13,30721,2197,912GST

73,431Total

Where We’ve Spent Our Money104,159312,477208,318Short-Term Investments

29,396123,46294,066Undeposited Funds

2203,1002,880Accounts Receivable (11210)

2202200Cash at Bank - Restricted

133,995Total

How This Affected Your Bank

594(13,406)(14,000)Cash at Bank - Unrestricted

594Total

61,158Net Movement

POWERED BY Calxa Page 10 of 2013/07/2017 00:49

Net Worth — Your Company

03/07/2017 05:16 Page 1 of 1From The Invisible Accountant

Understanding your ReportsLet me walk you through your reports

Cashflow ForecastForecast your bank balance month by month into the future. This chart will help you plan and take action now to prevent problems while there is still time.

Actual vs BudgetMeasure and monitor your performance. Use this report to see what’s working in your business and prioritise what needs fixing.

Profit and Loss ForecastBased on what you’ve achieved so far this financial year and expectations for the remainder, use this report to predict your final results. Great for tax planning.

Where Did Our Money Go?Have you made a profit but there’s no money in the bank? This report will help you see where else it’s gone and how you’ve funded the business.

Net WorthThis is why you do all that hard work. The chart compares your total assets (what you own) to your total liabilities (what you owe to other people). You want to see the net equity line going upwards.

Bonus Pack

for

June 2017

PREPARED BY

POWERED BY

Income to Budget — Your Company

From The Invisible Accountant Page 1 of 103/07/2017 05:30

KPI Comparison — Your Company

42%44%46%48%49%49%44%46%45%46%46%47%Debt Ratio

84%88%92%99%99%99%102%112%110%111%110%110%Debt to Equity Ratio

265%256%246%233%237%236%244%229%232%224%224%226%Working Capital Ratio

Using Actual figures up to Mar 2017

From The Invisible Accountant Page 1 of 103/07/2017 05:43

Cumulative Net Profit to Budget — Your Company

Net Profit/LossAccount

From The Invisible Accountant Page 1 of 103/07/2017 06:00

Understanding your

Bonus PackLet’s review how these reports work

Cumulative Income to BudgetTrack how close your income is to your budget. Ideally you want the bars (representing actuals) higher than the line (the budget based on last year).

Wages to TurnoverPeople are the biggest cost for many businesses. This KPI will help you balance the need to keep costs down with your desire to service your customers well.

Bank MovementUnderstand the main flows through your business and what is affecting your bank balance. Looking at the trends will help you spot anything unusual.

How I came up with your numbers

I haven’t had the pleasure of meeting you yet but you have given me access to

your accounting information and that’s what I’ve used to prepare your reports.

For your budgets, I’ve simply taken what you did last year and for most

businesses this is a reasonable starting point.

You’ve told me how often you pay your taxes and other payroll expenses so

I’ve factored them into the cashflow forecast.

Then, I’ve looked at what your customers owe you and used this to estimate

your future receipts. Similarly, from your accounting information I can see how

quickly you usually pay your suppliers and I’ve used this to forecast future

payments.

Putting all that together, I can produce these reports to predict your future

cashflow, monitor your business performance and give you key insights into

what’s working and what’s not.

Yours truly,

P.S. If you find my reports limiting, you may want to consider Calxa for a more

flexible and customisable option.