If you run an IT business, finance isn’t just about “how much money came into the account.”
It’s about control, decision-making, and growth.
Every month, you should have visibility over five key areas:
1. Revenue and its structure
Not just the total number, but a breakdown:
🔺 by clients
🔺 by projects
🔺 by service types
👉 This shows where you actually make money—and where you’re just “staying busy.”
2. Profitability (Margins)
How much is left after direct costs?
For each project.
👉 Sometimes a “big client” brings the smallest profit.
3. Expenses (with breakdown)
🔺 salaries
🔺 contractors
🔺 operational costs
👉 Control isn’t in the total number, but in the structure and trends.
4. Cash Flow
🔺 how much came in
🔺 how much went out
🔺 what’s expected
👉 Profit ≠ cash in the bank.
5. Accounts Receivable (who owes you money)
🔺 amounts
🔺 timelines
🔺 risks
👉 Your profit can be “stuck” in unpaid invoices.
💡 Conclusion:
Financial reporting isn’t about accounting.
It’s about running your business.
If you don’t see these numbers every month, you’re managing on intuition—not data.
And in IT, that’s an expensive luxury.
It’s about control, decision-making, and growth.
Every month, you should have visibility over five key areas:
1. Revenue and its structure
Not just the total number, but a breakdown:
🔺 by clients
🔺 by projects
🔺 by service types
👉 This shows where you actually make money—and where you’re just “staying busy.”
2. Profitability (Margins)
How much is left after direct costs?
For each project.
👉 Sometimes a “big client” brings the smallest profit.
3. Expenses (with breakdown)
🔺 salaries
🔺 contractors
🔺 operational costs
👉 Control isn’t in the total number, but in the structure and trends.
4. Cash Flow
🔺 how much came in
🔺 how much went out
🔺 what’s expected
👉 Profit ≠ cash in the bank.
5. Accounts Receivable (who owes you money)
🔺 amounts
🔺 timelines
🔺 risks
👉 Your profit can be “stuck” in unpaid invoices.
💡 Conclusion:
Financial reporting isn’t about accounting.
It’s about running your business.
If you don’t see these numbers every month, you’re managing on intuition—not data.
And in IT, that’s an expensive luxury.