Finances

How A Cashflow Statement Differs From An Income Statement_page-0001

Cash Flow Vs. Income Statement: Uncover The Key Differences You Need To Know

An income statement is a financial report that shows how much money you made from a certain source, like your job or investment. A cash flow statement is a financial report that displays all the money that came in and went out of your pocket during a certain time. So, if you want to know …

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ARE CASH FLOW& PROFIT ARE SAME_page-0001

Cashflow Or Profit? Which Matters More For Your Business?

The two words cash flow and profit often uses interchangeably, but there is a difference between these terms. The definition of profit is the amount of money left after cost subtracts. It is calculated by taking the revenue and subtracting the expense. On the other hand, cash flow is a dynamic financial concept that measures …

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Can a Wholesaler be a Retailer (1)_page-0001

Can A Wholesaler Be A Retailer? Here’s What You Need To Know

Many people need to think about the relationship between wholesalers and retailers. The truth is that retailers are always dependent on wholesalers for their goods. On the other hand, wholesalers need retailers to sell their goods. “Can a wholesaler also be a retailer?” the question remains. Yes, but it will require some time and effort. …

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What is credit control & who can use credit control?

The Role Of Credit Control In Financial Stability And Growth

It aims to achieve profitable development with stability and manage inflationary and deflationary pressure. It involves limiting the credit volume created by the commercial bank, regulating the credit volume, directing credit to productive uses, and applying measures that strengthen the structure of banks. Credit control is the lending strategy banks, and financial institutions employ to …

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Expense Analysis Made Simple: Transform Your Business Accounts With Ease

Expense analysis is one of the business’s most important yet underutilized tools. It allows business owners to understand the financial health of their business, helping them make better decisions. In this article, we will be discussing the definition of expense analysis and how to do it. We will also discuss how expense analysis can help …

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Are Accounting & Finances the Same?

Accounting And Finance: Separate Disciplines With Unique Functions

Accounting and Finance are not the same. Accounting is a process of recording and summarizing financial transactions. Finance, on the other hand, is a process of managing money. One of a business’s most crucial parts is accounting. It helps to track the company’s income and expenses and maintain its financial records. Finance, on the other …

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How Do Small Business Owners Currently Handle Their Business Finances & What Is Their Process?

Small Business Finance Secrets: How Owners Keep Their Money In Check

Businesses handle their finances in a myriad of several ways. It can be difficult because there is no “one best way” to handle your finances. It’s important to know that there are various ways to handle your finances, but they all require organization. Plus, with the digital age, more and more businesses rely on accounting …

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What is finance change in the industry?

How Finance is Transforming the Industry: Key Changes You Need to Know

The finance industry is changing, not just because of automation. The shift in jobs that require manual work could result in fewer opportunities for humans to do those tasks. It is especially true for those who have been at the same company for more than 20 years. What is finance change in the industry? I …

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