Mogic considers

With the combination of a small number of people + software + servers and robots
We are promoting a new era of company management.
We hope to share part of this process with you in this corner.

Representative Director Yoichi Yamane

February 14, 2024

Household accounts and income statement, own accounts

As with household accounts at home, the company often uses profit-and-loss statements.

In layman's terms, this means looking at monthly income and expenses to see if there is a surplus or deficit.

In a household budget, the familiar items to classify are income, housing, utilities, communication, insurance, transportation, automobile, education, and entertainment expenses, while in an income statement, sales, salaries, advertising, sales promotion, rent, utilities, supplies, entertainment, travel and transportation, and depreciation are familiar.

The general framework is similar, but the difference is that the balance of subjects varies greatly depending on the size of the company and the type of business.

A nuclear family of three rarely becomes a large family of ten, but in a company, three people can become 20, or start a different business, or have a big increase in sales, or buy large equipment, and so on.

In light of this, we are allowed to create our own unique subjects in the income statement to make it easier to grasp.

For transportation, there will be more vehicle accounts, for wholesale, more purchase accounts, and for Mogic, the web server group, license service related, computers and chairs, etc. are subdivided.

Then, once or twice a year, we review the subjects to be recorded and add new ones.

You may think it sounds like a lot of work, but it is rather interesting because you will make unexpected discoveries in the process.