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How to Calculate Your Profitability: A Case Study

CFO Simplified

This CFO Simplified client watched profitability slowly disappear—until they incurred a $125,000 loss. Manufacturing variances were caused by a variety of factors, but the summary general ledger (GL) postings didn’t provide an answer. . A CFO can help ensure your business’ profitability is at its best. The Problem.

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How do I clean up my financial statements?

CFO Share

Is your balance sheet littered with negative numbers and old, incorrect figures? Too many general ledger (GL) accounts. Unsophisticated GL structures. Do your profits and cash flows make no sense? You are not alone: every growing business eventually needs a financial statement clean up. Bad intercompany processes.