A periodic report, also known as a recurring report, is a written document that provides a summary of the events that have transpired since the last periodic report was prepared. Federal agencies, corporations, non-profits, and other entities produce periodic reports. Periodic reports frequently include the same fundamental set of data and rely on numerical data to provide an overview of a certain time period.
There are five principal sorts of periodic reports, including incident reports, sales reports, progress reports, feasibility reports, and site reports. Incident reports document the causes and impacts of specific occurrences. For instance, an incident report would be generated following a corporate merger or management change. An incident report aids in the identification of successful business strategies. The growth and success of a company are tracked by sales reports. This study is very useful for examining the advantages and disadvantages of marketing tactics.
Both progress reports and site reports are comparable. Progress reports monitor the business’s overall activity as well as any specific changes. In addition to examining business activity, a site report includes suggestions for enhancement. The final type of periodic report is a feasibility report, which is used to determine if a change or strategy is feasible or in the best interests of the business.
