In this article, we will review the powerful business reporting tools offered by Fergus. We will explore three key reports that will help you gain valuable insights and make data-driven decisions for your business.

The Business Performance Dashboard offers a comprehensive overview of your company's financial health. It presents key financial and operational metrics—such as gross profit, net profit, chargeable hours, and material margins—in an easy-to-understand format. The dashboard also highlights potential challenges or issues within your business that you may want to address. It serves as a starting point from which you can identify and implement steps to improve or optimize your business performance.

This report consolidates data from Fergus and Xero, so an active connection to Xero is necessary. The accuracy of the report numbers relies on properly mapping your Xero accounts to the correct Fergus accounts. If you have any questions about mapping, please consult your accountant for assistance.

The Business Overview report is a valuable tool for evaluating the performance of your business on a monthly basis. It provides a comprehensive overview of your profits, including both labour and material costs. In order to access this report, you will need an active connection to your Xero account.

This report provides more detailed information than the Business Overview Dashboard. It consolidates data from your active Xero account codes, offering a comprehensive view of your business's financial health. This report is designed to help you assess your business's profits by including labour and material costs, as well as expenses, purchases, and overheads. This comprehensive approach allows for effective profit and loss assessments, making it particularly useful for evaluating your business's financial performance.

The Business Activity Report provides a detailed overview of business operations, essential financial metrics, and profitability indicators This report highlights crucial data regarding labour, materials, invoicing, and payments for the selected historical period. This information can enhance your understanding of your business's financial health and help identify any areas that may need attention.

To customize the Business Activity Report further, you can adjust the displayed information in each section by clicking the cog icon next to it. This feature allows you to select the specific data points you want to include in the report, offering a tailored perspective on your business's performance.

Overall, the Business Activity Report is a powerful tool for evaluating your business's operations and financial metrics. By regularly reviewing this report, you can recognise areas for improvement and make informed decisions to foster your business's success.

The business reports that Fergus offers are essential tools for any business owner aiming to enhance their company's financial health. By consistently reviewing and utilizing these reports, you can make informed decisions and take proactive measures to ensure the success of your business.