Your reports are dynamic β changes happen due to timing, reconciliation, or updates.
Common reasons for differences:
- Late or corrected transactions
- Bank or credit card statement adjustments
- Accruals or corrections from previous months
- Missed receipts or re-categorization
How to interpret:
- Focus on trends, not single month spikes
- Ask for explanations if something seems off
- Review P&L, cash flow, and balance sheet together for the full picture
Β Tip: Month-to-month fluctuations are normal; yearly trends show the real health of your business.