What is Profit and Loss?

What is Profit and Loss?

[et_pb_section admin_label="section"] [et_pb_row admin_label="row"] [et_pb_column type="4_4"][et_pb_text admin_label="Text"]When you’re in control of your profit and loss (P&L), you have a tighter hold on the reins of your profitability.   What is Profit and Loss? Your Profit and Loss statement is commonly called your ‘P&L’. It’s also sometimes referred to as your...

17/11/2023
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Cash Versus Accrual Accounting

Cash Versus Accrual Accounting

Do you prefer cash accounting or accrual accounting? We can help you figure out what’s best for your business.   The difference between cash basis and accrual basis accounting comes down to timing. When do you record revenue or expenses? If you do it when you pay or receive money,...

20/01/2022
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