Accounting Principles Planning Profit and Loss Retail 
CFO Share
AUGUST 5, 2021
Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. In simple terms, that means the cannabis industry taxable income is closer to its revenue rather than profit. Financial planning for cannabis companies.
Cube Software
MAY 10, 2023
This could be retail stores offering layaway plans or a media company offering subscriptions to streaming services. It is important to accurately track and report unearned revenue, so you can properly manage profit margins. If revenue is improperly recognized, it will report higher profits than actual.
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