Library
Balance Sheet
at a specific point in time The balance sheet informs company owners about the net worth of the company. it that summarizes a company's assets (what it owns) and liabilities (what it owes) Download our free Balance Sheet template, designed for the small-business owner. It includes common financial ratios and works well for a comparison.
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Petty cash
Most businesses run a cash book, but do not account for it,Petty cash is a small amount of discretionary funds in the form of cash used for expenditures where it is not sensible to make any disbursement by cheque, because of the inconvenience and costs of writing, signing, and then cashing the cheque our petty cash template will make it easier to record transactions, which you can then record in your accounts software or spreadsheet.
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income statement
profit and loss statement is an essential financial statement where the key value reported is known as Net Income. The statement summarizes a company's revenues and business expenses to provide the big picture of the financial performance of a company over time. The income statement is typically used in combination with a balance sheet statement.
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General and administrative expense
is the set of expenses required to administer a business, and which are not related to the construction or sale of goods or services. In this budget you will record any expense that will still be incurred, even in the absence of any sales or selling activity.
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labor effeciency
The difference between actual times incurred to manufacture a certain number of units or to perform a service, compared with the standard hours of direct labor for the level of output achieved. This sheet will help you in recognizing the general statue of each employee if it is favorable or not.
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