Comparative Balance Sheets

Cougar Mountain Software’s success is built on software solutions that address the needs of small business and non-profit organizations.   In fact, our primary goal is meeting our customers’ needs in order for them to maintain high productivity and accuracy and to allow them to use their accounting solution to make better business decisions.  We have listen to our customers and they provide the source for the new features in the latest release of CMS Professional, 2013.  CMS Professional 2013 will have a number of new features and we’ll highlight each of the most significant ones in the coming weeks.  

Here’s the first: Comparative Balance Sheets.

If you have ever analyzed your financial performance and wanted to know things like;

•    What were my accounts receivable balance for the second quarter of the two previous years compared to this year? 

or

•    What was my bank debt of two years ago compared to where I am today?

You know how difficult it can be to get the right information presented in a consistent way. Let’s face it making better business decisions involves analysis and critical thinking and seeing this year’s data in one report and a previous year in another simply complicates the process.  CMS Professional 2013’s Comparative Balance Sheet allows you to analyze multiple years of date in order to gain a broader view of a company’s financial position.  With the flexibility to include multiple year’s information on one report it will be easier to identify trends, differences and issues. 

Look for others features of CMS Professional in the coming weeks.



Tags: balance sheet, financial statements, business report, financial report

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