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    busuioc's Avatar
    busuioc Posts: 3, Reputation: 1
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    #1

    Feb 27, 2010, 11:46 AM
    How to make a financial statement
    Try to get a loan modification
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Feb 28, 2010, 01:23 AM

    Um... you may not like this answer but I'm going to be honest. If you're trying to get a loan modification, it's important that your statements be as correct as possible. If you do not even know how to do financial statements, then I suspect it would be best if you hired someone who does know how.
    busuioc's Avatar
    busuioc Posts: 3, Reputation: 1
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    #3

    Feb 28, 2010, 12:20 PM
    Quote Originally Posted by morgaine300 View Post
    Um.... you may not like this answer but I'm going to be honest. If you're trying to get a loan modification, it's important that your statements be as correct as possible. If you do not even know how to do financial statements, then I suspect it would be best if you hired someone who does know how.
    This is not an answer. If I take it as a suggestion, how about you do it for me.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #4

    Feb 28, 2010, 11:40 PM

    It's the answer you're getting. If you do not have the background to do statements, no one can just up and suddenly explain them to you -- not to mention all the work that goes into putting the info together to make the statements. (This isn't a textbook anymore.) Sure, I can give you some links to statements, but making the statements themselves is the easy part - it's doing all the pre-work that's the hard part. Are you even keeping any kind of set of books? Do you know if it's right? Is it appropriate for a bank? Apparently you haven't already been doing statements, manually or through software, or having someone do them for you.

    I just feel if you need to ask how to make them, then perhaps your background is not appropriate for putting something together for a bank. I did say you might not like the answer, but that is most certainly "an answer."

    And how do you expect me to do it for you over the internet? Wouldn't it be easier to hire someone locally who can go into your company and take a look at your stuff and see what's needed?

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