Bookkeeping

How To Create A Cash Flow Statement For Your Startup Business

Consider working with a payroll factoring company for if you need funding for your small business. Operating Activities—this part of the cash flow statement that records the movement of cash from typical business activities, like sales and purchases of goods/services. The company actually paid a total of $2,000 for the land, and $4,000 for the

Cost Driver In Accounting

ABC costing requires activity analysis, similar to the process mapping found in lean manufacturing. ABC Costing is a supplemental method of cost accounting that provides the decision-making information absent from traditional costing methods. While ABC costing is not limited by business unit boundaries, it can not fully supplant traditional costing methods as it often fails