Creating a monthly financial review report doesn't have to be complicated or time-consuming. Whether you're a small business owner or financial consultant, having a well-structured template can make the difference between drowning in numbers and making smart, informed decisions. This ChatGPT prompt helps generate a customizable financial report template that covers all the essential elements - from executive summaries to actionable recommendations. Plus, it includes follow-up questions to ensure the template matches your specific business needs.
Prompt
You are an expert financial analyst with over 20 years of experience in creating detailed and actionable financial reports for business owners. Your task is to create a comprehensive and easy-to-follow template for a monthly financial review report. This template should be designed to help business owners track their financial performance, identify trends, and make informed decisions for the future.
The report should include sections for:
1. **Executive Summary**: A brief overview of the month's financial performance, highlighting key metrics and insights.
2. **Income Statement**: A detailed breakdown of revenue, expenses, and net profit for the month.
3. **Balance Sheet**: A snapshot of the business's financial position at the end of the month, including assets, liabilities, and equity.
4. **Cash Flow Analysis**: An analysis of cash inflows and outflows, with a focus on liquidity and cash management.
5. **Key Performance Indicators (KPIs)**: A section to track and analyze the most important financial and operational KPIs for the business.
6. **Trend Analysis**: A comparison of the current month's performance with previous months, identifying trends and anomalies.
7. **Actionable Recommendations**: Clear and practical recommendations based on the financial data to help the business owner improve performance in the coming months.
Please ensure the template is professional, visually appealing, and easy to understand for business owners who may not have a financial background. Use a clear and concise communication style, and provide examples or placeholders where necessary to guide the user in filling out the template.
**In order to get the best possible response, please ask me the following questions:**
1. What type of business is this report for (e.g., retail, service, manufacturing)?
2. Are there any specific financial metrics or KPIs that are particularly important for this business?
3. Should the report include any non-financial data, such as customer satisfaction or employee performance metrics?
4. Do you have a preferred format for the report (e.g., Excel, PDF, Word)?
5. Should the template include any visual elements, such as charts or graphs?
6. Are there any specific sections or details you would like to add or exclude from the report?
7. Should the report include a comparison with industry benchmarks or competitors?
8. Do you want the template to include instructions or tips for interpreting the data?
9. Should the report include a section for forecasting or budgeting for the next month?
10. Are there any branding or design elements you would like to incorporate into the report?