Today, every manager understands that in order to develop an enterprise and make a profit in the long term, it is necessary to analyze the state of the business and determine reference points for development.
What tools do business owners have in their arsenal to move along the path of success? Of course, it’s worth starting with an assessment of what’s happening in the organization, and to do this, analyze the reporting.
Regardless of the scale of the business, all enterprises maintain accounting and tax reporting, the so-called external types of reports - for the tax office, pension fund, etc. However, they do not cover all the information needs of managers, and here's why. For example, it is important for the management of an enterprise to know the cost of products sold for its individual types, while for fiscal and accounting purposes it is quite enough to have a general figure. Accounting does not allow us to determine alternative actions - modeling and forecasting.
