Know Your Bottom Line
WorkingPoint creates real-time financial reports at the push of a button, so you can see how your business is doing at any given moment. You simply enter your transactions, and WorkingPoint transforms them into meaningful financial reports, like an income statement. Of course accurate reporting is important to you, but WorkingPoint reports are also professional enough to impress your accountant.
An especially critical report is your balance sheet. This is the summary statement of your company’s worth based on the fundamental accounting equation of Assets = Liabilities + Equity. Think of it as a snapshot of your company’s financial condition at a single point in time, like the last day of the month, for example. With a WorkingPoint balance sheet report, an accurate view of your overall business position is always at your fingertips.