Finance Dashboard
Your financial command center
The Finance Dashboard gives you a quick overview of your tailoring business's financial health. At a glance, you can see your cash position, outstanding invoices, recent transactions, and key performance metrics.
Key Dashboard Elements
Financial Metrics
- Cash PositionTotal of all bank and cash accounts
- Accounts ReceivableTotal outstanding customer invoices
- Accounts PayableTotal outstanding supplier bills
- Monthly RevenueCurrent month's total income
- Monthly ExpensesCurrent month's total expenses
Visual Reports
- Cash Flow ChartMoney in vs. money out
- Revenue BreakdownIncome by service type
- Expense CategoriesWhere your money is going
- Receivables AgingOverdue invoice analysis
- Monthly ComparisonThis month vs. last month
Dashboard Actions
From the dashboard, you can quickly perform common financial tasks:
- Create a new invoice
- Record an expense
- Add a payment
- Reconcile accounts
- Generate reports
Using Your Dashboard Effectively
Daily Use
Check your cash position and any overdue invoices. Review recent transactions to stay on top of your daily finances.
Weekly Review
Analyze your revenue vs. expenses chart to see how your week performed. Look for any unusual patterns or transactions.
Monthly Analysis
Compare this month to previous months. Review your expense breakdown to identify cost-saving opportunities.
Real-World Example
"Fatima runs a tailoring business specializing in wedding attire. Every Monday morning, she reviews her Finance Dashboard to plan her week. She notices her Accounts Receivable has increased, so she clicks on the Receivables Aging chart to see which invoices are overdue. She identifies three wedding dress alterations that haven't been paid and makes a note to follow up with those customers. She also notices from the Revenue Breakdown chart that bridal alterations are generating more profit than custom suits this month, which helps her decide to run a promotion for men's formal wear to boost that service line."