Monthly Accounting

Monthly Accounting

LUMENROCK Monthly Accounting. Monthly accounting can seem daunting. Many small businesses do not realize the value of the balance sheet, income statement and cash flow statement. Accounts are only compiled in order to comply with SARS and other legal obligations. Once completed these important, information filled documents are quickly put away without anyone ever evaluating the critical and important information they provide.

The first thing to realize is that monthly management accounting is not just about legal obligations and reflecting what has happened financially in your business during the past months. Correctly compiled and utilized, these three basic financial reports provide a wealth of information about your company’s current and projected fiscal health. Being able to read and understand these reports and the data they provide will give you more control over your business and show you what steps you can take in order to reach your goals.

It is important to create a realistic plan for the year with a budget, record your transactions correctly and review your results at regular intervals. You might think it is difficult at first, but this is where the LUMENROCK Team steps in, we will help you compile your budgets, draw up the monthly financial reports from the transactions you provide and help you understand what it all means.

Contact LUMENROCK today and turn your monthly accounting from a legal chore to an important tool in your business.

 

 

 

Chris Roodt
Chris Roodt
I am the Managing Director of various legal entities; varying from agriculture to residential and business developments. For the past six years Pieter Esterhuizen has been involved with all, baring one, legal entity. I have always received excellent service from Pieter and I am impressed with his personal knowledge of all spheres of business, as well as his professional and speedy response to quer...
Gerrit and Agnes Kirsten
Gerrit and Agnes Kirsten
We would like to thank Jaco van Niekerk for his financial advice and assistance in setting up our retirement options, and are looking forward to a longstanding business relationship with him and LUMENROCK Financial Consultants. We appreciate his honesty and sincerity and the professional way in which everything was done. - See more at: http://lumenrock.co.za/about/client-feedback#sthash.g9udwoyq.d...
Franco van der Westhuizen
Thanks a million - you guys are legends!

 

 


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Tel : +27(0) 86 187 3255
Fax: +27(0) 86 509 4151
Email: info@lumenrock.co.za