Our custom designed monthly financial report package provides you with key information about the financial position of your business. The clear and simple format of our report package ensure you have the financial information you need to make informed decisions about spending, investments, and progress towards long term financial goals. Our reports are available in electronic format for ease of access to information.
Our custom designed monthly financial report package provides you with key information about the financial position of your business. To ensure you get the most from the useful and important tool, we provide a free Reading Financial Reports Workshop. If you are a new director, committee member or if you've recently joined the co-op community, our workshop will teach you how to read these reports and use the information to prepare plans for your co-op's future. Contact us for further details and to book a date. Workshops are held at your co-op and open to any number of attendees.
- Reconcile monthly bank statements for all accounts at all institutions.
- Correctly record revenues and expenses to the approved budget.
- Prepare a monthly report package that includes a balance sheet, summary statement, operating statement, general ledger transaction summary and a trial balance.
- Prepare detailed monthly reports on reserve funds, subsidy use, and maintenance and committee spending.
- Provide year-to-date and historical summaries on individual accounts on request.
