The financial ratios included are utilized by banks to determine performance, liquidity and leverage. All important considerations when borrowing or seeking investors.

Configuration Tab 

BalanceWare "knows" enough information about your client to generate many of the ratios without further assistance. By configuring a few settings on the Configuration tab, the ratios are ready for presentation

The Configuration tab requests financial statement section assignments for Current Assets, Fixed Assets, Current Liabilities and Cost of Sales. Multiple statement sections can be assigned to each category.

The Configuration tab also requests account assignments for Receivables, Inventory, Payables,  Current Portion of Debt Service and Non-cash Expenses.

The Configuration Tab

   

Use the Engagement Documentation dashboard to associate client documents and notes with objects in BalanceWare.

Notes and documents can be linked to the following items (on a per client basis):

• Any journal entry (no icon, double click on preparer notes instead)
• Any cash disbursement batch (no icon, double click on preparer notes instead)
• Any other document (using the Documents button from the Client tab)
• Any BalanceWare form (using the icon, below)

 Look for the Engagement Documentation icon on BalanceWare forms.

 

Clicking the icon will open the Engagement Documentation dashboard. In the case of journal entries and cash disbursement batches, double-clicking on the Preparer Notes field accomplishes the same. Once open, click on any attachment to open the document.

Engagement Documentation Dashboard (with callouts)

See the Review Notes button on the Client Tab for reviewing notes from all sources within BalanceWare. 

Note: to maintain link integrity, do not manage documents from Windows Explorer. Moving or deleting client documents may break links. Documents can be edited and documents can be added using Windows Explorer, but do not delete or move documents or folders. Broken links will be placed in a special folder in the Documents treeview called "Orphans" and can be relinked from this special folder.

Selecting a category displays the candidates for assignment. Select one or more assignments for each category. If a category does not apply, for instance if the client has no Inventory account, leave the category unassigned.

A video on this Help Topic is available on our Video Page.

View / Edit Financial Ratios

The View / Edit Financial Ratios tab displays the following:

• Net Profit Margin
• Gross Profit Margin
• Operating Expense Ration
• Accounts Receivable Turnover
• Inventory Turnover
• Accounts Payable Turnover
• Fixed Asset Ratio
• Current Ratio
• Quick Ratio
• Debt to Equity
• Cash Coverage Ration 

Both the data and the graph are included for each ratio.

The View / Edit Financial Rations Tab

Notes are associated with each ratio, including the category of the ratio (performance, liquidity or leverage), what the ratio is measuring and how the trend line should look for signaling financial strength. The notes can be customized, for each client, using the Edit Notes button, so feel free to personalize a message about the ratio for your client.

The formula used for the calculation is also presented, along with appropriate year labels for the five-year trend line and data points. 

The entire report can be previewed using the Print button and subsequently printed to any available printer or PDF driver.  

Financial Ratios Report

The 11-ratios are printed three to a page, with the client's name and current year-end.

Support Ticket 

Submitting a support ticket is the best way to expedite your issue. The support ticket automatically includes information we need to service your installation properly. By submitting a support ticket, we won't have to ask you all the preliminaries and, if you add a brief description, we will be better prepared to get to the heart of the matter ! We receive your ticket immediately upon submission and will respond ASAP; usually within minutes. Submit your support ticket from the About form on the Help tab.

Download AeroAdmin remote desktop software here.