Accounting Service in Alanya
Here i want to present two main accounting report which im preparing for my management periods. If there is no other decision, the financial period is for 12 months. Which can start from January to end of December or it can be anyother 12 months period like April to end of March. The financial period should be decided according to the general meeting date. Because the financial period should be finished before the meeting date and owners should speak about last 12 months for clear understanding and more accured results. This is important for estimate the next 12 months and know clear about the current situation.
My first report is about the comparison report. The report starts with financial period dates, when its start, end. There are two parts; first is incomes, second is expenses. As summary; at incomes part you will be able to find how much maintenance fee was decided and collected. At expenses part how much was seperated for which expense item and how much spent for that. By the way you are able to see that all incomes and expenses items with how percentage of overall usage near figures.
With this report which you will be able to see below is comparing the estimated budget and accrual incomes with actual expenditures and actual incomes. So at the last column you will be able to see are we on our budget or not. If it is inside of brackets (red color), you will understand that it is overbudget. As summary you will see below that the complex passed the electric and pool chemical budget according to inflation and other reasons which can be answered easliy with reasons. I advise you to check my inflation rates in Turkey page for more information. You will find the last 5 years staff salaries, electric, water and pool chemical inreasements with graphic there.
As summary you will find below; accrual incomes were 112.653,90TL with prepayers in the former period (16.100,13TL), actual incomes were 159.049,75TL with prepayers for next period and currency exchange incomes. Incomes differences 46.395,85TL over incomes.
The estimated budget was 119.040,00TL that you can understand it was planned to use some amount from current assets in the beginning and actual expenses was 174.521,49TL which means 55.481,49TL over spended. If you go with actual incomes and expenses 159.049,75TL – 174.521,49TL = -15471,74 deficit for ending balance. If you are interesting to find assets from here you should add oppening balance to this amount and the assets should be this amount.
See below for sample of accounting as “comparison report” with my “Accounting service in Alanya”
Accounting service in Alanya
Another report which you can find below is about the monthly incomes and expenses report. You will be able to see openning balance in the first line. Than you will see as the summary every month what comes and what goes. With this report you will be able to see ending balance of every months. In the end of 12 months you will easily find the closing balance as overal assets. Additional information; the last column, you will be able to see average incomes, expenses and items for per months.
As you can see this complex financial period starts at the beginning of September (9th month) and end in the of August. At this report you will see that incomes – expenses found as -15.472TL with openning balance (37.823TL) it makes 22.351,67TL closing balance. According to inflation at 2022 in Turkey this result is understandable. I will share “Big Mac” report for Turkey inflation in my another page that you will see from 2012 to 2022 how the Turkish Lira value reduced. These are two private report that im using as my “Complex management in Alanya” accounting services.
