Monthly financial report
Example Service Company
October 2026 · Accrual basis · USD
Illustrative sample. All business details and figures are fictional. This shows the reporting format available within an agreed bookkeeping scope.
Owner summary
Revenue was $42,000 and expenses were $33,000, leaving $9,000 in net income. Month-end bank balances totaled $28,000. Customer invoices outstanding totaled $12,000, including $2,000 more than 30 days overdue. Supplier bills outstanding totaled $7,000.
Next action — Follow up on the $2,000 overdue receivable and schedule the $7,000 of supplier payments against their due dates. Confirm the bank balance available before releasing payments.
Reconciliation summary
Statement ending date · October 31, 2026. Fictional example with no outstanding reconciling items.
| Account | Statement balance | Book balance | Difference |
|---|---|---|---|
| Operating checking | $23,000 | $23,000 | $0 |
| Savings | $5,000 | $5,000 | $0 |
| Business credit card — owed | $3,000 | $3,000 | $0 |
Profit and loss
For the month ended October 31, 2026
| Description | Amount |
|---|---|
| Service revenue | $42,000 |
| Payroll and contractors | $20,000 |
| Rent and utilities | $5,000 |
| Software and administration | $3,000 |
| Marketing | $2,000 |
| Insurance and other expenses | $3,000 |
| Total expenses | $33,000 |
| Net income | $9,000 |
Balance sheet
As of October 31, 2026
| Description | Amount |
|---|---|
| Bank accounts | $28,000 |
| Accounts receivable | $12,000 |
| Equipment, net | $10,000 |
| Total assets | $50,000 |
| Accounts payable | $7,000 |
| Credit card payable | $3,000 |
| Business loan | $15,000 |
| Total liabilities | $25,000 |
| Owner equity before current month income | $16,000 |
| Current month net income | $9,000 |
| Total equity | $25,000 |
| Total liabilities and equity | $50,000 |