Mini MOT Report
Input just 8 pieces of key financial information for your business to receive a 5 point mini Business MOT report.
The information you need to input is all for whatever 12 month period you choose, whether that is the last 12 months, or the last financial year - that's up to you:
- Total sales 5. Current assets
- Total Cost of sales 6. Current liabilities
- Net Profit 7. Debtors
- Current assets 8. Number of Full Time Equivalent staff
If you're not sure where to find this information, then click on the button below to get a quick guide to help you. All the information (except the headcount) can be found on the standard Balance sheet or Profit & Loss reports in your accounting software. I have based my notes on using Xero, but almost all systems will have the same reports and layout.
I also wanted to show you what an example of the Mini MOT report would look like, so this report is for a totally fictitious service based company, with 8 full time employees, and shows the report using just those 8 numbers
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