Remove CFO Remove General Ledger Remove General Ledger (GL) Remove Sales
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How to Calculate Your Profitability: A Case Study

CFO Simplified

Our client was a printing company located in North Central Illinois with sales of $19,200,000 and a second-generation owner. This CFO Simplified client watched profitability slowly disappear—until they incurred a $125,000 loss. 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

Too many general ledger (GL) accounts. Unsophisticated GL structures. Too many general ledger accounts. Accounting software makes it easy to add GL accounts but hard to remove them. That can lead to “GL diarrhea”: too many ledgers, multi-page P&Ls, and unusable financial statements.