A fixed asset is a long-term tangible asset not expected to be used or sold within a year.| Investopedia
Unlike standard balance sheets that reveal previous data, pro forma balance sheets assess the potential impact of future financial decisions.| altLINE
Every successful business owner has a gameplan to manage accounts receivable. For many, that begins with automating processes where possible.| altLINE
The income statement, balance sheet, and cash flow statement should be jointly analyzed to get the cleares picture of a business's finances.| altLINE
The three major financial statements provide a snapshot of a business's overall financial health and performance. 1. Balance Sheet 2. Profit & Loss Statement| altLINE
Every business owner must know how to build a cash flow model—a form of cash flow forecasting revealing potential future financial obstacles.| altLINE
Creating accurate reports on your company's cash flow is an essential part of running a successful business. Here's how to audit your cash flow and A/R.| altLINE