Use a Business Income and Expense Spreadsheet to Monitor Your Financial Situation
The real purpose of having a business income and expense spreadsheet is to have a way to quickly find trends in your company's income and expenses. These can be used to see how you are operating within the rules of the business. Also, by charting out the trends of your income and expenses you can see what the different levels of income or expense are on a monthly basis and use this to determine if there are any obvious issues. Using this you can prevent your income and expense from overspending, avoid doing things that will affect the profitability of your business, and find ways to make money.