Management accounting
For LLCs, sole proprietors (FOPs) and non-profits — in Kyiv and across Ukraine.
Why management accounting
Statutory accounts in Ukraine are built for the tax office. Management accounts are built for you. They help when:
You’re profitable but short of cash
The numbers look fine, yet paying suppliers and salaries is always tight.
You can’t tell what makes money
Which clients, products or lines are profitable — and which just move cash around.
Costs creep up unnoticed
A budget and variance tracking catch problems before they grow.
Partners or investors need reports
Clear figures that people outside the business can trust.
Management reports you get
The set depends on your business. Most often it includes:
P&L by business line
Real profit by line, client or project, with the margin of each.
Cash flow
Where cash came from and where it went; cash gaps flagged in advance.
Management balance sheet
What the business owns and owes at real value, not tax value.
Receivables and stock
Who pays late and how much cash is tied up in inventory.
Budget vs actual and KPIs can be added. We agree the format with you — spreadsheets or a dashboard.
How we set it up
Discovery
How you earn, what decisions you make and which numbers you’re missing.
Report design
The reports, breakdowns and KPIs you actually need.
Structure
Revenue and cost categories, cost centers and allocation rules. We bring in specialist experts for complex setups.
Data sources
Your accounting records and bank data. No new software required.
First report
We prepare the first month and walk you through it.
Fine-tuning
We adjust until the reports become a tool you rely on.
Management reports are only as good as the bookkeeping behind them. If the books are behind, we check them first and, if needed, restore the records.
Monthly management reporting
Month-end close
All transactions are posted
Reports
We prepare the management pack
Commentary
What changed and why
Decisions
You see where to act
Reports are usually monthly; weekly or quarterly if you need. It’s easiest when we also handle your bookkeeping: the data is already at hand.
What it looks like in practice
An illustrative example, not a specific client. A company with three lines — retail, wholesale and service — is profitable for the year but always short of cash.
One number for the whole company
The owner sees total profit and the bank balance.
- ✓No idea which line drags results down
- ✓Cash gaps come as a surprise
- ✓Decisions based on gut feeling
Reports by business line
P&L and cash flow by line show the picture every month.
- ✓Wholesale loses money on discounts and delivery
- ✓Customers pay late, so cash is stuck in receivables
- ✓The owner revises wholesale terms and payment deadlines
Cost
The price depends on the number of business lines and breakdowns, transaction volume, the set of reports and how often you need them. We quote after discovery, before any work starts.
Frequently asked questions
Want to see the real numbers?
Send a request: we’ll learn what decisions you make and suggest the reports to start with.
Send a request · Comprehensive bookkeeping · Accounting records restoration