Bookkeeping Tip #17
Joe Cavell March 9, 2026
Analyze your accounting reports.
Your bookkeeper inputs the data—but it’s your job as the owner or manager to review the reports and make decisions.
Key reports to watch:
🔹 A/R Aging: See what customers owe and when payments are due.
🔹 A/P Aging: Track what you owe vendors and upcoming cash needs.
🔹 Cash Flow Statement: Check if your business is generating enough cash from operations, and spot potential shortfalls.Regularly reviewing these reports helps you manage cash flow, plan ahead, and keep your business healthy.
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