Welcome to our latest blog post! Today, we're diving into the process of creating the first controlling report for the practice enterprise UniLine. The controlling report plays an important role for financial planning and decision-making. Let's get started!
Before we begin, it's crucial to understand what our controlling report contains. It's a comprehensive document that outlines the financial status of the UniLine, including turnover analysis, expenses, and analysis of sales and so on.
The first step was data collection. For UniLine, we gathered information from our accounting programme and exported it to excel.
With the data in hand, we conducted a thorough analysis. We analysed the sales and turnover generated, the losses in certain areas and the open positions of our customers. We also analysed our costs and prepared an ABC analysis of our customers.
The draft underwent an review from the management to ensure accuracy and clarity. Once finalized, the report was presented to UniLine's management team and the other departments, providing them with all the necessary insights into the financial situation of UniLine.
The creation of the first controlling report for UniLine was a lot of work, but it was worth it. It not only reflected the UniLine‘s current financial situation but it was also the basis for further decisions.
