From each kind of sale, through what it cost to run the venues, to what was left. Widths are to scale. Your full statements stay in QuickBooks.
Net income, last 12 months
Cash is not profit. Read left to right: the cash you started the month with, what came in, what went out, and what was left. Your bank statements stay the source.
Month-end cash, last 12 months
What the business owns.
What it owes. What’s left.
Cash is only part of the picture. Add what customers owe you, stock and equipment, then see how much of it is funded by what you owe and how much belongs to the owners.
Owner’s equity is ownership value, not cash available to spend.
What changed over the last 12 months
Live numbers move every day as bills and payouts land. We draw the money and cash pictures after every check in step 03 has passed, so the picture you see is the one that stays.
The close
Four steps, every month, in the same order.
Agents collect and draft. A Modum accountant reviews every draft before anything posts. You only see the questions that need an owner. The rings above fill task by task, one ring per step from the inner ring out, and every task is listed below with its evidence.
Closed before Modum.
Needs you