Where are your profits going?
A common question at tax time is when business owners receive their tax return and wonder where their money has gone. There is a financial statement which will provide the answer. It is the cash flow statement. The cash flow statement will tell you from your profits what happened to your cash.
I provide consulting to assist you with understanding the report. It's also important to remember that the cash flow statement becomes more useful when the books are in proper order. That means activities are posted to the proper account.
The cleaner your books are then the more useful your financial statements (like the cash flow statement) are in providing you answers to your business concerns.
We are a CPA firm in San Antonio and provide bookkeeping, payroll, taxes and more. We offer a free initial visit and look forward to serving your business needs.
Richard J. Garcia | 09/22/2011