Company profitability figures
Accounting primarily serves the needs of the entrepreneur, and as a by-product, it also handles the information needed by the authorities. Accounting provides information about what the company produces, what assets and liabilities it has, and how much value-added tax should be paid to the tax authority. At best, reports help in controlling production and at the very least, they can be used to handle official reporting, such as a tax return, on the basis of which the tax authority makes the final tax calculation. The tax decision received from the tax authority calculates the final taxes for the financial period, from which the taxes paid as advance taxes have been deducted. The amount exceeding the advance taxes remains to be paid as residual tax, i.e. additional tax. Accounting provides information to the company's management for internal calculations and to financiers about the company's solvency.
How can Tili-Seno serve your company's reporting needs?
We provide our customers with a monthly income statement and balance sheet, which are part of our basic package. When you want to develop your company, it is important to receive reports on certain expense and income items to be monitored, as well as forecasts. Budgeting is also a sensible option to keep the lines in check. With our additional reporting packages, these are easy to achieve. We build a special report that suits your company's needs, where you can immediately see the important figures that interest you. A graphical report and a key figure report give a visual picture of the company's development.
Income statement and balance sheet
The income statement shows the company's performance, and the balance sheet shows the company's assets and liabilities. Together, they give a picture of the company's situation. The income statement and balance sheet are prepared on the basis of accounting. Once a year, a company prepares financial statements, which show the figures for the past financial year that can be compared with the figures for the previous year. The most common figures for comparison are the turnover or gross profit (micro-enterprises) from the income statement and the result for the financial year after taxes, i.e. net profit. The balance sheet shows the company's assets and liabilities, as well as accumulated net assets. If the company's assets are greater than its liabilities, equity is positive. Positive equity gives a positive signal to stakeholders. Negative equity (net assets) is a warning sign. Either the company has fallen into a debt spiral or the company's management has withdrawn more profit shares than the company's situation would allow in its current state. That is why it is important to accumulate equity so that it does not become negative due to losses. Credit rating agencies use the income statement and balance sheet prepared from the financial statements to determine a credit rating. However, many other factors also affect the credit rating, such as the age of the company.
Accounting with a bright and encouraging attitude
Talgraf's Accuna report, key figures in visual form
In addition, if you wish, you can use our report package, which contains commonly used and accepted key figures and a graphical presentation of the company's most important figures. The graphs illustrate the development of operations and forecasts and comparisons help you see the development. We use Talgraf Oy's Accuna service. The reports are visual and it is easy to see the entire situation at a glance. You can also take a more extensive report package, where a graphical and numerical report of the desired information and comparisons will be tailored to your company.
Where are you going? The customized SENOLYYSI business development package has been developed for companies on the path of change.
Is your company moving or would you like to move to the left lane, downshift, increase revs and overtake your competitors? Sit tight and use our handy SENOLYYSI business development package as a boost. The comprehensive SENOLYYSI business development package includes business analysis, budgeting, tools for business development, follow-up meetings and an extensive ACCUNA report package. This is where we get to the heart of the matter and get to drill down into the company's development targets, real pain points, but also strengths that can be exploited. Put nitro in the tank and move to the fast lane.
In addition, we perform various calculations related to budgeting, pricing and investments, exactly according to your company's needs.
