Net Working Capital Guide, Examples, and Impact on Cash Flow

By definition, working capital management entails short-term decisions—generally, relating to the next one-year period—which are “reversible”. These decisions are therefore not taken on the same basis as capital-investment decisions (NPV or related, as above); rather, they will be based on cash flows, or profitability, or both. Working capital (as current assets) cannot be depreciated the […]

What Does Memo Mean On A Check

Here are two examples of the most commonly used memo formats. Typically, letters are addressed to individuals outside of the organization. They are meant for longer external messages communicating a specific topic. Your supplemental information should include any documentation you want to share, such as graphs, lists, tables, or photos. If you choose to include […]

Profit and Loss Statement Template Free Download

A company can use its balance sheet to craft internal decisions, though the information presented is usually not as helpful as an income statement. A company may look at its balance sheet to measure risk, make sure it has enough cash on hand, and evaluate how it wants to raise more capital (through debt or […]

What Is Bookkeeping? Duties, Pay, and How to Become One

Budget analysts advise companies on financial decisions based on financial health and other stats. Accounting professionals in this role help companies create budgets, plan for future financial decisions, and monitor the financial stance of a company based on financial are bookkeepers in demand records and data. Apply for entry-level bookkeeping positions that offer on-the-job training […]