Simplexoft company created software solution about Profit & Loss Statement
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We prepared a comprehensive financial analysis based on the Profit and Loss Statement aimed to visualize these results in a way enough to make a managerial decision related to financial performance management.
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We provide information about a company's ability or inability to generate profit by increasing revenue, reducing costs, or both. It`s an obligatory report in accordance with the international accounting rules as well as IFRS.
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We propose a method for forming a P&L report based on General Ledger (accounting journal entries transactions data) and analyzing P&L records aimed to cover finance performance assessment. Assessment of financial performance is primarily based on various methods of financial analysis.
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The aim is to achieve the desired level of complexity in evaluating a firm and its activities. In the practice of financial analysis, financial ratios are mainly used for their simplicity and additional information value. It is aimed to allow employees authorized to make managerial decisions.
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Data sources are commonly used and can be an official financial statement of the company Profit and Loss account and General Ledger or Trial balance of the company. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs.
The set of the objects below helped us to reach the goal above:
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Form Profit and Loss Statements using Sisense based on General Ledger information;
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Visualize P&L structure based on main items for the reporting periods to see dynamics
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Prepare disclose of the major information for the assessment Sales/Margin Quality Performance Analysis;
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DUPONT method of finance assessment (Returns on Equity, Sales, Assets) with ability to define trends within a defined time period;
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Define EBITDA, and Profitability Ratios (GPM, OPM, EBITDA Margin) for each reporting period;
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Assess the company`s possibility to repair all obligations in dynamic in dates; (Debt Coverage Ratios);
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Estimate creditworthiness of the company based on calculation debt load. Assess the possibility to serve debt and pay-off accrued interest (EBIT/Interest, EBITDA/Debt Service, Fixed Charge Coverage, Interest Paid / Average Funded Debt)