Daily, Monthly, and Yearly Reporting

Answer Sheet

TOPIC 1 - Daily Reports1. What opening reports does the business run at the beginning of the day? Why?

a. Daily Appointment Listing

b. Client Work Ticket

c. New Client Listing

d. No Show Listing

e. Pending List

f. Estimated Sales

2. What reports does the front desk utilize to remain proactive?

a. No Show Listing

b. Pending Appointments

c. Cancellation Listing

d. Appointment Recall

3. What reports do your employees analyze to track their goals?

a. Real Time Monitoring Station

4. What reports / closing procedure(s) do you have in place to help you close out your day?

a. MR080 – Register Summary

b. MR200 – Employee Summary

TOPIC 2 - Monthly Reports5. Which reports help you analyze your business for the prior month? How are they

beneficial?

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a. Estimated sales vs. Previous Sales (Goal Setting)

b. Prebooking Report – To communicate success

6. What reports do you review with your front desk and/or service providers to track their

goal progression?

a. Prebooking Reports

b. Cancellation Reports

7. Which reports do you run to analyze your inventory (EX: Cost of Goods Sold, Inventory

Value, Inventory Counts, Purchase Orders, etc.)?

a. Inventory Count Sheet

TOPIC 3 - Yearly Reports1. Which reports do you run to analyze your employee’s performance in terms of sales and

growth?

a. MR043 – Employee Summary

2. Which reports do you run to prepare the business for the upcoming year in relation to

marketing, goal setting, inventory, etc.?

a. Gift Certificate Liability

b. Inventory Count for Taxes

c. Growth Indicators Report for Goals

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3. Which reports do you run for tax preparation?

a. MR080 – Sales Summary for the Year

Bonus1. What is the one report in Millennium your business cannot live without?

a. MA200 – Growth Indicators Reports

b. Commission Summary Reports

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