Tag: accounting basics
Accounting Basics: The Profit and Loss Report
The profit and loss report is a key report when it comes to getting in control of your entity's financial health. What’s a profit and loss statement? Your profit and loss statement is commonly called your P & L, but is also referred to as your income statement or statement...
28/04/2022
Accounting Basics: Balance Sheet Reports
Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the entity's accounts isn’t every entrepreneur’s top skill. If you are new to accounting, or simply want to expand your knowledge, we can help explain the foundational reports. The balance sheet...
10/11/2021