Most Valuable Financial Reports That Are NOT Your Financial Statements

A/R Aging Summary

This report shows who owes you money! It includes the amount owed and when the payment was originally due. I recommend running this report at least once a week to determine which clients need a follow up message.

Sales by Customer

This report summarizes how much of your sales comes from each one of your customers. This summary can help you determine whether to focus your marketing efforts on upselling existing clients or onboarding new ones.

A/P Aging Summary

This report shows how much you owe each of your vendors and when your payments are due. Make sure to run this report on a regular basis to keep your vendors happy by paying them on time.

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