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October 14, 2023
What is Variable Expense? Managing your money can feel tricky when you can’t control all your expenses. Some costs, like car payments, always stay the same. […]
October 13, 2023
The term “gross sales” is a common one in the world of business and finance. It helps us understand how much money a company has earned […]
October 12, 2023
Year-to-Date (YTD) calculations serve as a valuable tool across a multitude of industries, including business management, accounting, and finance. They provide an efficient means of assessing […]
October 6, 2023
Accountants and bookkeepers use “account reconciliation” to ensure all the transactions are recorded correctly in the company’s financial records. It helps keep track of the company’s […]
October 5, 2023
Financial forecasting is like looking into a crystal ball for your business’s money. It helps us guess how much money we might make or spend in […]
September 29, 2023
Exploring Operating Cash Flow (OCF) Operating Cash Flow, often called cash flow from operating activities, is like a snapshot of a company’s financial health. It […]
September 15, 2023
Gross margin is an essential indicator of a company’s ability to produce goods or services efficiently while generating a profit. It stands as one of the […]
September 13, 2023
The business entity principle emphasizes the necessity of maintaining distinct and separate accounting records for a business entity, ensuring that its financial transactions are kept apart […]
September 8, 2023
Each corporation must allocate a portion of its financial resources, from cash reserves, profits, or borrowed funds, toward delivering goods and services to customers or expanding […]