How well do I know my numbers?
Five guesses about your own business. Then your books mark them. Most owners run on a feel for their margin, how fast they get paid and how long the cash would last. This is the two-minute way to find out how good that feel is.
- 1
Of every dollar of sales over the last year, how many cents were left after the direct cost of delivering it.
- 2
What was left of each sales dollar after everything — costs, payroll, rent, interest. It can be negative.
- 3
From sending an invoice to the money landing, on average. If customers pay at the counter, it's close to zero.
- 4
If sales stopped tomorrow, how long the cash in the bank would pay the bills at your usual pace.
- 5
The single biggest revenue month of the last twelve.
5 still on their starting guess — move them or leave them, your call. No account and no card. We read your books once and never change them, and unless you decide to keep Wauvel the access goes back within the hour. The same read builds next year’s budget, which we email to your QuickBooks sign-in address.
Before you connect
What does connecting QuickBooks do?
It lets Wauvel read your books once, to check your five guesses. There's no Wauvel account and no card. We only ever read — nothing in QuickBooks is created, changed or deleted — and unless you decide to keep Wauvel, the access is handed back within the hour.
What else happens with that one read?
It also builds next year's budget from your books — a P&L, balance sheet and cash flow in Excel — and emails it to the address you sign in to QuickBooks with. That's the same free budget offered at wauvel.com/budget; the quiz and the budget share the one connection so you aren't asked twice.
How is it scored?
Each guess earns up to 20 points by how close it lands: within two points of your real gross margin is full marks, within five is 15, and so on. Days to get paid and months of cash work the same way, and the best month is all-or-half (the month next door gets 10). A figure your books can't support — a best month with less than a year of history, say — is left out instead of marked wrong.
Where do the real numbers come from?
The last twelve months of your profit and loss, account by account, and your latest balance sheet. Gross and net margin come off the P&L; days to get paid is what customers owe you against a year of sales; months of cash is the cash in the bank against what the business costs to run each month.