Financial Reporting | TAXNXT

Financial Reporting | TAXNXT

We turn your company’s performance into clear, timely, and actionable insights. With Income Statement (P&L), Balance Sheet, Cash Flow, budget vs. actuals, and executive dashboards, we speed up decision-making. We report under Polish GAAP and, when needed for investors, provide an IFRS bridge.

Why TAXNXT?

• Concise, decision-ready reports: Executive summaries for leaders, detailed breakdowns for finance.

• On-time delivery: Aligned with your monthly close timetable.

• Data integrity: Consistency checks across bank, invoicing, payroll, and inventory.

• Built to scale: Multi-location, multi-currency, and project/store granularity.

• Practical insights: KPIs and trend analyses with concrete next steps.

Scope

Core Financial Statements

• P&L: Revenue, gross profit, operating expenses, operating profit, net income.

• Balance Sheet: Current/non-current assets, liabilities, equity.

• Cash Flow: Operating, investing, and financing cash movements.

Management Reports & Dashboards

• KPI sets: Gross margin, net margin, EBITDA, CAC, LTV, inventory turnover, DSO/DPO.

• Trends & cohorts: Monthly/quarterly patterns; product and customer profitability.

• Budget vs. Actuals: Variance analysis with corrective action items.

Advanced Reporting

• IFRS bridge: Polish GAAP → IFRS differences and explanatory notes.

• Multi-currency: FX impact and revaluation summaries.

• Consolidation: Intercompany eliminations and group financials.

Compliance & Quality Controls

• Monitoring split payment and white-list IBAN implications.

• JPK data consistency and period-cutoff checks.

• Accounting policies and a reporting glossary documented.

Deliverables

• Monthly Executive One-Pager: Key KPIs, trend visuals, 3–5 actionable takeaways.

• Detailed Report Pack (PDF/Excel): P&L, Balance Sheet, Cash Flow with department/product/location splits.

• Budget vs. Actuals File: Variances with explanations.

• IFRS Bridge Notes (when applicable).

• Digital archive: All reports, source files, and version history.

How It Works

1. Discovery & Objectives: Industry, model, report cadence, KPI priorities.

2. Data Map: ERP, e-invoicing, bank, payroll, inventory sources; data owners.

3. Model & Templates: Chart of accounts mapping, reporting glossary, approval flows.

4. Monthly Close & Reporting: Reconciliations → statements → executive summary.

5. Continuous Improvement: Variance root causes, cost efficiency, automation ideas.

Example Use Cases

• E-commerce (Growth Focus):
  Product/channel gross margin, marketing spend vs. sales, inventory turnover improvement plan.

• SaaS (Subscriptions):
  MRR, customer cohorts, churn and LTV/CAC, cash collection schedule.

• Retail Chain (Multi-Location):
  Store-level P&L; rent and staffing efficiency; shorten cash cycle via DSO/DPO optimization.

• Investor Deck (IFRS Bridge):
  Polish GAAP → IFRS differences, EBITDA adjustments, multi-currency effects, and a concise exec narrative.

  
  

Onboarding Checklist

• Chart of accounts, reporting hierarchy, and segments (product/channel/location).

• Data sources and access (ERP, bank, e-invoicing, payroll, inventory).

• Budget files and assumptions.

• FX rates and revaluation policy.

• Prior reports and any investor templates.

Packages

• Essential: P&L, Balance Sheet, Cash Flow + monthly executive one-pager.

• Advanced: + Budget vs. actuals, KPI dashboard, segment profitability.

• Enterprise: + IFRS bridge, consolidation, multi-currency, and project reporting.

Helpful Official Resources

• podatki.gov.pl: Local guidance and financial reporting updates.

• biznes.gov.pl: Corporate procedures and regulatory guides.

• stat.gov.pl (GUS): Official statistics and economic indicators.

Get in Touch

Turn numbers into insight.
Let’s build a fast, reliable Financial Reporting framework tailored to your business. Contact TAXNXT today.