With Cash Flow Frog, you can create cash flow forecasts automatically online quickly and easily. The platform pulls data from your accounting software to ensure that only the most accurate and up to date information is used. Having a rolling cash flow forecast is a great way to real estate cash flow stay on top [...]

On the other hand, assets sold in cash are recorded in the cash book and the sales of assets on credit are recorded in the proper journal. At the end of the month, we total the Cash column in the cash receipts journal and debit the Cash account in the general ledger for the total. [...]

You must depreciate MACRS property acquired by a corporation or partnership in certain nontaxable transfers over the property's remaining recovery period in the transferor's hands, as if the transfer had not occurred. You must continue to use the same depreciation method and convention as the transferor. You can depreciate the part of the property's basis [...]

The profit margin on the trimmer is 20% ($20/$100), while the lawnmower’s profit margin is 15% ($30/$200). Although the lawnmower has a higher sales price and generates more revenue, the trimmer earns a higher profit per dollar sold. The hardware store budgets for the units sold and the profit generated for each product the business [...]

Many businesses choose to outsource in order to gain access to these software at a fraction of the cost instead of going through the trouble of obtaining them themselves. An Accounts Payable department’s efficiency may necessitate organizations hiring and training additional Accounts Payable personnel. However, when your firm relies on manual processes, outsourcing pricing for [...]