Help me create the balance sheet, P&L and CFS for a small business
Budget: $30 – $250 USD
Inputs:
1. I run a small writing agency with only 3 employees.
2. I have learned how to do bookkeeping - I have two sheets in GoogleDocuments with the list of expenses, and the other one with the subdivision by category.
3. Now I want to understand how to create the 3 financial documents.
4. Why do I want to learn this? I want to learn this so that I understand how they work and so that I can garner better insights about my operations. I plan to generate the financial statements on the monthly basis and peruse the data in them.
5. I need you to sit down with me and help me create a simple system to do that in excel via the tabs. Of course, I issue invoices and other things manually, and we don't need to create a system for that. Of course, I dont want to get a QB account, coz I first want to understand the basics.
6. Things like these are not needed to be explained - accrual basis, adjustments, trial balance sheets. I am just setting up the basic system with the double-entry and cash basis. I do the works and I get paid via one-time invoices, that's it. There's no accrual basis, depreciation and things like this
7. But, with time, I will set up an LLC in Estonia (in 3 months) and ask you to do the books and statements there too.
8. I need you to sit down with me for 3 calls, each for 30 minutes. Each payable at $15 per call.
1. I run a small writing agency with only 3 employees.
2. I have learned how to do bookkeeping - I have two sheets in GoogleDocuments with the list of expenses, and the other one with the subdivision by category.
3. Now I want to understand how to create the 3 financial documents.
4. Why do I want to learn this? I want to learn this so that I understand how they work and so that I can garner better insights about my operations. I plan to generate the financial statements on the monthly basis and peruse the data in them.
5. I need you to sit down with me and help me create a simple system to do that in excel via the tabs. Of course, I issue invoices and other things manually, and we don't need to create a system for that. Of course, I dont want to get a QB account, coz I first want to understand the basics.
6. Things like these are not needed to be explained - accrual basis, adjustments, trial balance sheets. I am just setting up the basic system with the double-entry and cash basis. I do the works and I get paid via one-time invoices, that's it. There's no accrual basis, depreciation and things like this
7. But, with time, I will set up an LLC in Estonia (in 3 months) and ask you to do the books and statements there too.
8. I need you to sit down with me for 3 calls, each for 30 minutes. Each payable at $15 per call.