{"id":239,"date":"2023-12-14T13:33:15","date_gmt":"2023-12-14T12:33:15","guid":{"rendered":"https:\/\/smartbooks.test\/en\/?p=239"},"modified":"2024-01-18T22:35:45","modified_gmt":"2024-01-18T21:35:45","slug":"best-practices-in-reporting","status":"publish","type":"post","link":"https:\/\/smartbooks.ai\/en\/articles\/best-practices-in-reporting\/","title":{"rendered":"Best practices in reporting"},"content":{"rendered":"\n<p>When assessing a company&#8217;s progress and deciding if intervention is needed, certain numbers and ratios are crucial. Based on our experience, you&#8217;d want quick and reliable access to the following information:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Today&#8217;s EBITDA and the year-end forecast<\/li>\n\n\n\n<li>EBITDA as a percentage of revenue<\/li>\n\n\n\n<li>Revenue growth compared to the previous year<\/li>\n\n\n\n<li>DSO (Days Sales Outstanding)<\/li>\n\n\n\n<li>DIO (Days Inventory Outstanding)<\/li>\n\n\n\n<li>DPO (Days Payable Outstanding)<\/li>\n\n\n\n<li>Awareness of sufficient bank balance or upcoming credit needs<\/li>\n\n\n\n<li>Periodic VAT obligations and their availability in the bank<\/li>\n\n\n\n<li>Year-end debt and its repayment schedule<\/li>\n\n\n\n<li>Dividend distribution for this year and future projections<\/li>\n\n\n\n<li>This year&#8217;s corporate tax liability, including loss compensation<\/li>\n\n\n\n<li>Company valuation based on a 3-year plan<\/li>\n\n\n\n<li>Revenue and profit forecasts for the next 3 years<\/li>\n<\/ul>\n\n\n\n<p>Smartbooks automatically extracts all relevant data from your accounting and presents it in simple reports and overviews, ensuring that all insights are always up-to-date and available.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When assessing a company&#8217;s progress and deciding if intervention is needed, certain numbers and ratios are crucial. Based on our experience, you&#8217;d want quick and reliable access to the following information.<\/p>\n","protected":false},"author":2,"featured_media":1104,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"acf":[],"taxonomy_info":{"category":[{"value":1,"label":"Articles"}]},"featured_image_src_large":["https:\/\/smartbooks.ai\/en\/wp-content\/uploads\/sites\/3\/2023\/12\/pexels-dziana-hasanbekava-7063776.jpg",800,534,false],"author_info":{"display_name":"Smartbooks.ai","author_link":"https:\/\/smartbooks.ai\/en\/author\/smartbooks8391\/"},"comment_info":"","category_info":[{"term_id":1,"name":"Articles","slug":"articles","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":16,"filter":"raw","cat_ID":1,"category_count":16,"category_description":"","cat_name":"Articles","category_nicename":"articles","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/posts\/239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/comments?post=239"}],"version-history":[{"count":4,"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/posts\/239\/revisions"}],"predecessor-version":[{"id":1403,"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/posts\/239\/revisions\/1403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/media\/1104"}],"wp:attachment":[{"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/media?parent=239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/categories?post=239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smartbooks.ai\/en\/wp-json\/wp\/v2\/tags?post=239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}