You need Cashflow to run your Business Without cashflow your business will cease to exist. So it's important to monitor the cash in your business and have an understanding of what impacts its movement. Put really simply, your businesses cashflow is the Money coming IN minus the Money going OUT. And what's left you get to spend or invest. Not knowing what your business cashflow is w
Knowing Your Charge Out Rate |eCashbooks Knowing Your Charge Out Rate: A Key to Profitability If you employee people and charge them out at an hourly rate then you need to determine that your charge out rate is actually being recovered and adds to your bottom line. Having awareness of this measure will ensure you are not underpricing your jobs and actually contributing to your overall pr
Accounting vs Bookkeeping vs Cashbook: Which is better depends on your business. What are accounting, bookkeeping and cashbook? Accounting is the process of interpreting and presenting financial data to business owners and investors. Accounting involves tasks such as preparing financial statements and reports, creating budgets and tax returns, and analysing business performance¹². Book