Financial Reporting Services in New Jersey

Financial statements and reporting are a valuable tool to see past performance, but what about seeing what the future holds? Our accounting and financial reporting services for businesses include data analysis, budget creation, and projections to help keep your business on the right trajectory especially for businesses in New Jersey!

Income Statements: An income statement, also known as a profit and loss statement, presents the financial results of a business for a stated period of time. The statement quantifies the amount of revenue generated and expenses incurred by an organization, as well as any resulting net profit or loss.  Revenues – Expenses = Net Income

Balance Sheet: A balance sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

Accounts Receivable: A/R is an aging report that allows you to view the balances that are owed to your company by customers.

Accounts Payable: A/P aging report allows you to view the balances you owe to other companies for supplies, inventory and services your company receives.

Budget vs. Actuals: Compares your budgeted income and expenses to the actual amounts so you can tell if you were over or under budget.