Your books aren’t just for tax time. They’re packed with insights about your business that you can use to confidently make decisions year-round.
We recommend checking in on your business finances in Bench a couple of times per month. The income statement is the best place to do that.
How to Access Your Income Statement
- While the month is in progress, you can view your Income Statement from the main menu and get a pulse check on how your business is doing in real time. Here you can get a view into how your revenue, expenses, and profit are tracking so you can make any necessary adjustments. Need a refresher on reading and interpreting income statements? Check out this article from the Bench blog.
Pro Tip: We recommend setting a reminder in your calendar every month to do a mid month check in
- When your monthly books are ready, you’ll receive an email from your bookkeeping team notifying you. You can then login to Bench, view your income statement online or download your Income Statement to share with your bank, investors, or anyone else that needs it.
Pro Tip: You can always use your real-time Bench financials for day-to-day decision making. We recommend using your monthly books for longer-term decision making (i.e. whether you can hire more employees, etc).
