View Financial Statements

You can view the financial statement using the links provided on the Reports - Formatting / Output page. The Reports - Formatting / Output page will allow you to format and then download or view the reports online.

Below are some of the methods you can use to increase your cash balance.

Item found on the Income Statement

• Increase Sales.
• Reduce Cost of Goods Sold and expenses (other than depreciation expense).
• Reduce Equipment purchases.

Items found on the Balance Sheet

• Increase Equity Investments.
• Increase Loans Payable.
• Increase the term of the loan.
• Decrease the terms that your offer your customers.
• Increase the terms that your receive from your venders.

If your Beginning Balance Sheet has a negative cash balance generally this means you must either take out a loan or increase the owners equity.

To enter a loan go to the Loan page enter a loan amount that is larger then the lowest cash balance and make sure the month the loan money is received comes before the date cash first becomes negative.  You have to make loan payments which requires cash so make sure the amount of the loan is well above the lowest cash balance.  

To increase the owners equity go to the beginning balance sheet and / or Equity Investments page.  Increase the owners equity in the month cash is negative or in the months prior to when cash first becomes negative.

To find out why cash has gone negative go to the cash flow statement. The cash flow statement can be viewed on the View Financial Statements page. Go the the bottom of the statement and locate the account "Ending Cash".  Look at the items in the month cash first become negative, items that reduce cash will have a minus sign in front.  Fixed Asset Purchases, Loan Payments and increases in Accounts Receivable and Inventory will reduce cash.