Harmony Ledger

10/14/2026

KNOW YOUR NUMBERS – #8: ACCOUNTS PAYABLE DAYS

🧾 How long does your business take to pay its suppliers and bills?

Paying bills is part of running a business, but do you know how quickly you pay what you owe?

Accounts Payable Days estimates the average number of days it takes your business to pay its suppliers.

🔎 What do the numbers tell you?

Are you paying suppliers faster or slower than before?
Are bills being paid within their agreed payment terms?
Is your business holding onto cash longer, or paying bills quickly?
How does your payment timing affect your cash flow?

💡 Why does it matter?

Paying too late can lead to late fees or strained supplier relationships. Paying bills too quickly may mean cash leaves the business before it's necessary.

The goal isn't simply to pay faster or slower. It's to understand your payment patterns and how they affect your business's cash flow.

📌 Know your numbers. Understand your financial story.

Follow our Know Your Numbers series to learn more about the numbers behind your business!

10/13/2026

KNOW YOUR NUMBERS – #7: CASH RUNWAY

💰 How long can your business continue operating if cash inflows suddenly drop?

What happens if sales slow, customers pay late, or new work dries up for a while? Would your business have enough cash to keep operating?

Cash Runway estimates how long your business can cover its cash needs using the cash it already has available, assuming little or no new cash comes in.

📊 How is it calculated?

Cash Runway = Available Cash ÷ Average Monthly Cash Outflow

For example, if your business has $30,000 in available cash and typically spends $10,000 per month: $30,000 ÷ $10,000 = 3 months of cash runway

That means the business could cover approximately three months of cash outflows using its available cash, assuming the spending rate stays the same and no additional cash comes in.

🔎 What do the numbers tell you?
How many months of operating expenses can your available cash cover?
Is your cash runway increasing or decreasing?
How would a drop in sales affect your ability to cover upcoming expenses?
Are seasonal changes affecting available cash?

💡 Why does it matter?

Cash runway gives you a clearer picture of how much breathing room your business has if cash inflows slow down. It can help you understand your financial position before cash becomes a problem.

📌 Know your numbers. Understand your financial story.

10/12/2026

KNOW YOUR NUMBERS – #6: CURRENT RATIO

💰 Does your business have enough short-term assets to cover its short-term obligations?

Your business might look profitable on paper, but can it cover bills due soon?

The Current Ratio helps you understand whether your business has enough short-term assets to cover its short-term liabilities.

📊 How is it calculated?

Current Ratio = Current Assets ÷ Current Liabilities

Your current assets may include cash, accounts receivable, and other assets expected to be converted into cash within a year.

Your current liabilities may include accounts payable, credit card balances, payroll liabilities, and other amounts due within a year.

🔎 What do the numbers tell you?

A current ratio of 2.0 means your business has $2 in current assets for every $1 in current liabilities.

A ratio below 1.0 means your current liabilities exceed your current assets, which may indicate short-term cash flow pressure.

But remember, a higher ratio isn't always better! Some current assets, like accounts receivable, may take time to turn into cash. The type of business and how quickly you can convert assets into cash also matter.

💡 Know your numbers. Understand your financial story.

The Current Ratio is one piece of the puzzle that helps you understand your business's short-term financial position.

10/11/2026

GOOD NEWS! HARMONY LEDGER IS BBB ACCREDITED!

We’re proud to announce that Harmony Ledger is now an accredited business with the Better Business Bureau (BBB)!

At Harmony Ledger, we believe trust, transparency, and integrity matter as much as keeping your books in order. Being BBB Accredited reflects our commitment to building strong client relationships and conducting business with honesty and professionalism.

As a small business ourselves, we understand how important it is to have people in your corner who genuinely care about your success.

Whether you need bookkeeping, payroll, or personal tax services, you can count on us to help you feel more confident about your finances — without the stress or judgment.

Thank you to our clients for trusting us with such an important part of your business. We’re proud to serve our business community from our new home in Steinbach, Manitoba!

Your numbers. Your business. Our commitment to getting it right.

https://www.bbb.org/ca/mb/steinbach/profile/bookkeeping-services/harmony-ledger-mb-inc-0057-1000012387

Harmony Ledger | Steinbach, MB
Premium Bookkeeping & Payroll Services

10/10/2026

🎉 GOOD NEWS! HARMONY LEDGER IS BBB ACCREDITED! 🎉

We’re proud to announce that Harmony Ledger is now an accredited business with the Better Business Bureau (BBB)! ⭐

At Harmony Ledger, we believe that trust, transparency, and integrity are just as important as keeping your books in order. Being BBB Accredited reflects our commitment to building strong client relationships and conducting business with honesty and professionalism.

As a small business ourselves, we understand how important it is to have people in your corner who genuinely care about your success. 💛

Whether you need bookkeeping, payroll, or personal tax services, you can count on us to help you feel more confident about your finances — without the stress or judgment.

Thank you to our clients for trusting us with such an important part of your business. We’re proud to serve our business community from our new home in Steinbach, Manitoba!

Your numbers. Your business. Our commitment to getting it right.

https://www.bbb.org/ca/mb/steinbach/profile/bookkeeping-services/

📍 Harmony Ledger | Steinbach, MB
📊 Premium Bookkeeping & Payroll Services

10/09/2026

📊 KNOW YOUR NUMBERS — #5: OPERATING EXPENSE RATIO

How much of your revenue is being consumed by operating expenses?

Your Operating Expense Ratio shows how much of every dollar your business earns goes toward covering the costs of running the business. If your operating expense ratio is 40%, that means $0.40 of every $1.00 of revenue goes to operating expenses. These can include things like rent, insurance, advertising, office expenses, software, professional fees, and other costs required to keep your business running.

This number can show whether your overhead is growing faster than your revenue.

👉 Ask yourself:

• Are my operating expenses increasing?

• Are they increasing faster than my revenue?

• Which expenses are essential to operating my business?

• Am I getting a worthwhile return from the money I'm spending?

Growing revenue is great—but if your operating expenses grow faster, your profit can still shrink.

Know your expenses. Know your numbers. Know your business.

10/09/2026

📊 KNOW YOUR NUMBERS — #5: OPERATING EXPENSE RATIO

How much of your revenue is being consumed by operating expenses?

Your Operating Expense Ratio shows how much of every dollar your business earns goes toward covering the costs of running the business. If your operating expense ratio is 40%, that means $0.40 of every $1.00 of revenue goes to operating expenses. These can include things like rent, insurance, advertising, office expenses, software, professional fees, and other costs required to keep your business running.

This number can show whether your overhead is growing faster than your revenue.

👉 Ask yourself:
• Are my operating expenses increasing?
• Are they increasing faster than my revenue?
• Which expenses are essential to operating my business?
• Am I getting a worthwhile return from the money I'm spending?

Growing revenue is great—but if your operating expenses grow faster, your profit can still shrink.

Know your expenses. Know your numbers. Know your business.

10/09/2026

‼️We’ve Moved! Come Visit Us at Our New Location

I’m excited to announce that Harmony Ledger has officially moved into our new Steinbach office! After a month of getting everything set up, we opened our doors on Wednesday, October 7th, and we’re ready to welcome you!

📍 Our New Address
Harmony Ledger
#12 – 236 Park Road W
Steinbach, MB

Our Regular Office Hours

Monday – Wednesday: 9:00 a.m. – 4:00 p.m.
Thursday: Closed (our day working in the city)
Friday: By appointment only
You’re always welcome to stop by during our regular office hours! If you’d like to meet with us on a Friday, please reach out to arrange an appointment.

A Little Something Extra at Our New Location!

Our building is also home to a Toastmasters club that meets every Wednesday from 12:00–1:00 p.m. If you’ve ever wanted to improve your public speaking skills, build confidence, or simply meet new people, you’re more than welcome to attend a meeting!

This move marks an exciting new chapter for Harmony Ledger, and I’m looking forward to welcoming you into our new space. Thank you for being part of our journey and for trusting us with your bookkeeping and payroll needs. Your continued support means so much to us!

I hope to see you at the new office soon!

- Bev Allen
Harmony Ledger

Harmony Ledger delivers peace of mind to small-medium businesses through expert bookkeeping services backed by over 15 years of experience.

10/08/2026

📊 KNOW YOUR NUMBERS — #4: NET PROFIT MARGIN

How much of every revenue dollar actually becomes profit after all expenses?

Your Net Profit Margin tells you exactly that.

If your business has a 15% net profit margin, it means that for every $1.00 of revenue, $0.15 remains as profit after you pay all business expenses.

This number matters because revenue alone doesn't tell you how well your business is doing. You could be bringing in more sales every year, but if your expenses are growing just as quickly—or faster—your profit margin may be shrinking.

👉 Ask yourself:
• Is my net profit margin increasing or decreasing?
• How does my margin compare to previous years?
• Are my expenses growing faster than my revenue?
• Is my business generating enough profit to make it worthwhile?

Revenue is the money coming in. Profit is what you get to keep.

Know your profit. Know your numbers. Know your business.

10/07/2026

📈 KNOW YOUR NUMBERS — #3: RETURN ON INVESTMENT (ROI)

Is the money invested in your company providing a good return?

Return on Investment, or ROI, helps you measure how much you get back for the money you’ve invested. That investment could be money you put into equipment, advertising, technology, a new employee, or even a new business venture.

For example, if you invest $10,000 in a project and it generates $15,000 in profit, your return is $5,000—or a 50% ROI.

But ROI isn't just about whether you made money. It's about asking whether the return was worth the investment.

👉 Ask yourself:
• What am I investing in my business?
• What am I getting back from that investment?
• How long will it take to see a return?
• Could that money be producing a better return somewhere else?

Before you spend money in your business, know what you're expecting that money to produce.

Know your investment. Know your numbers. Know your business.