Is this the right support for your business?
This service fits owners who have regular transactions but no dependable month-end process. You may already keep a spreadsheet or accounting system; the first discussion establishes what is usable, what is missing and whether earlier periods need separate cleanup.
A monthly report cannot be more complete than the records behind it. Undocumented cash spending, personal payments through the business and late invoices are identified for clarification rather than guessed.
- Describe your business, bank/payment channels and approximate monthly transaction count.
- Agree on the period, document cutoff, deliverables and who approves corrections.
- Supply sales, purchase and bank records through the agreed channel.
- Review outstanding questions before receiving the agreed monthly reporting pack.
What the monthly pack can contain
The agreed scope can include transaction recording, bank reconciliation, a profit-and-loss summary and receivables/payables schedules. Cash-flow visibility helps explain why the bank balance differs from profit. Report detail and timing are confirmed in the quotation.
| Input | Review | Useful output |
|---|---|---|
| Sales and credit notes | Missing invoices and duplicate entries | Monthly sales summary |
| Bank statements and payment evidence | Unmatched payments and charges | Reconciliation questions |
| Customer and supplier balances | Unallocated receipts and disputed bills | Open-balance schedules |
Scope, price and responsibilities
Fees depend on transaction volume, number of accounts, document quality and backlog. No fixed price or response time is promised here. You receive a written scope and quotation before paid work starts.
You remain responsible for complete records, approval of payments and decisions based on the reports. Audit, legal advice and investment recommendations are outside this accounting-support engagement. Tax filings are not implied by a tax-ready reporting pack.
Worked example
Why profit and cash need separate questions
Illustrative one-month business: LKR 400,000 sales, LKR 250,000 operating costs and LKR 80,000 sales still unpaid. All operating costs were paid; no tax, inventory timing or other movements are included.
- Illustrative operating profitSales less operating costs.
- LKR 150,000.00
- Cash collectedUnpaid sales have not reached the bank.
- LKR 320,000.00
- Operating cash movementCollections less cash costs.
- LKR 70,000.00
LKR 150,000 profit does not mean LKR 150,000 new cash. The unpaid LKR 80,000 explains the difference in this simplified example.
Frequently asked questions
Can you use my existing spreadsheet?
We first review its structure, supporting records and opening balances. The agreed process may keep it, improve it or use another system; migration is scoped separately.
Does monthly accounting include tax filing?
Tax-ready records can support a later tax review, but return preparation or filing must not be assumed. Check the written engagement and current service scope.
Sources and limits
The example is fictional and excludes tax, financing and accounting adjustments. Deliverables and fees require a written agreement.
- Finance Desk LK — current service scope
Current service boundaries. Confirm the work, exclusions and quotation in writing before an engagement begins.
Accessed: 2026-10-08