Real-time P&L and cash flow
Waiting for the accountant to close the month to know whether you turned a profit is deciding by the rear-view mirror. On the 10th, the result is 40 days old. Here the P&L builds itself from paid invoices, paid bills, provisions and budget, so the month's result is on screen now, and tomorrow's cash too.
The month's result is ready without waiting for the accountant.
Consolidated P&L with net revenue, costs and expenses by category, period result, compared against the previous month and the percentage variance. You decide with today's number.
See the whole year at once.
12 months side by side with running totals, to read the trend and seasonality without building a year-end spreadsheet.
Check whether the plan matched what came in.
Cross budget, provisioned and actual by category. Where it overran or came under shows right away, and next year's plan is born from data, not guesswork.
Look at the result by project or by unit.
Filter beyond the consolidated view and find which project or unit carries the result and which drags against it. Decisions get sharp, not wholesale.
The tax regime enters the math correctly.
The account mapping respects the configured tax regime, so the result already comes out consistent with your taxation, with no manual fix afterward.
See tomorrow's cash before the squeeze arrives.
Projection by day, week or month, with inflows (invoices coming due), outflows (bills payable) and provisions, plus period and running balance. You see the crunch coming instead of finding it in the statement.
A future bill enters the cash flow before it arrives.
Rent, insurance, maintenance: the provision becomes a bill on its own on the date, or you convert it manually adjusting amount and due date. No known expense catching the cash by surprise.
Build next year's budget without starting from scratch.
Budget by category, 12 months, copied from one year to the next with a percentage adjustment. Once approved, it locks, and nobody moves the target mid-way.
A closed month does not change anymore.
The accounting close locks the period to keep the integrity of the history. The number you reported stays the number when someone comes back to check.
Looking forward, not just back
The P&L tells you what already happened. Cash flow warns you what's coming. Here's how the two views work together day to day.
The 18th will be tight, and you find out on the 1st.
The projection adds invoices coming due on one side and bills payable on the other, day by day, and shows the point where the balance goes negative before the month even starts. Time enough to pull a receipt forward or push a payment back, instead of taking the hit in the statement.
The provision nobody posts becomes a bill on its own.
Rent, insurance and maintenance are sure expenses that usually catch the cash by surprise. The provision turns into a bill on the set date, or you convert it by hand adjusting the amount, so the known expense stops landing as a shock.
Frequently asked questions
Do I have to wait for the accountant to close to see the result?
No. The P&L builds itself from paid invoices, paid bills, provisions and budget. The month's result is on screen now, with a comparison against the previous month and the percentage variance.
Can I see the cash before the squeeze arrives?
Yes. The cash flow projection by day, week or month shows inflows, outflows and provisions, with period and running balance. You see the day cash gets tight before it does.
Does the P&L respect my tax regime?
It does. The account mapping follows the configured tax regime, so the result comes out consistent with your taxation, with no manual fix afterward.
Can a closed month be changed later?
No. The accounting close locks the period to keep the integrity of the history. The number you reported stays the number when someone comes back to check.
Stop running your LIMS and ERP as two systems.
See the work order become an invoice, the P&L update and the electronic invoice go out, live, with your lab's routine. Book a demo and find out how much time and revenue you leave on the table running two systems.