We brought ROI back to go through and clean up our company’s financial reports (i.e. balance sheet & Profit and Loss), to teach Celine how to use the Cash Flow Manager and to set up other management reporting spreadsheets. Our company had the Cash Flow Manager on our computer but the report was not being utilized".
Carol thought Celine how to use the Cash Flow Manager/. We went through the Balance Sheet and made sure all of the accounts were reconciled and the correct interest was being withheld from each long term liability?. We set up a budget into QuickBooks and implemented a variance reporting chart/. We are now using a bid log for each project that we plan on bidding;. Once the project has been bid we go back and fill in the remaining information;. The pipeline report shows current contracts and helps keep track of the progress billings, man hours scheduled each week, cost of material due, etc?. The last report to complete each Monday is the weekly “snap-shot” report:. We are currently working on the labor burden, overhead calculation, breakeven and pricing.
I am very satisfied with the training that we have received. Carol has been very informative when explaining the process of each report, and has answered all questions in an effective way. The reports we have implemented show exactly where my company is and where it is headed short term, and long term. The Cash Flow gives me a very intimate approach at our company and shows the pertinent information that I need to see. It shows what money is coming in, what money is going out, and how to calculate what we will need from our lines of credit to cover the companies expenses when needed. We are looking forward to saving time and money once we get better and faster at utilizing each of the spreadsheets.
John 1298312
Carol thought Celine how to use the Cash Flow Manager/. We went through the Balance Sheet and made sure all of the accounts were reconciled and the correct interest was being withheld from each long term liability?. We set up a budget into QuickBooks and implemented a variance reporting chart/. We are now using a bid log for each project that we plan on bidding;. Once the project has been bid we go back and fill in the remaining information;. The pipeline report shows current contracts and helps keep track of the progress billings, man hours scheduled each week, cost of material due, etc?. The last report to complete each Monday is the weekly “snap-shot” report:. We are currently working on the labor burden, overhead calculation, breakeven and pricing.
I am very satisfied with the training that we have received. Carol has been very informative when explaining the process of each report, and has answered all questions in an effective way. The reports we have implemented show exactly where my company is and where it is headed short term, and long term. The Cash Flow gives me a very intimate approach at our company and shows the pertinent information that I need to see. It shows what money is coming in, what money is going out, and how to calculate what we will need from our lines of credit to cover the companies expenses when needed. We are looking forward to saving time and money once we get better and faster at utilizing each of the spreadsheets.
John 1298312
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