Bank reconciliation statement is really an important reconciling report to check the disagreement between the cash book balance and bank balance. It identifies the difference and the causing reasons of the same. In simple terms it is the detail explanation where you can come to know about the reasons for the differences between the bank […]
Businesses see a large turnover of cash as they notch up growth and revenue. Economy is on the upward swing and the investments are on the rise with business driving jobs and employment across the country. It is inevitable we will expect a large circulation of cash in the business. Understanding the cash flow is […]
Any business be it small or medium or large, it runs on the engine of cash flow. Cash flow addresses how a business gets money (from its sales and investments) and also the ways in which it spends money (on operating expenses, capital investments, taxes and interest). For a business to grow while leveraging the […]