CFO Share

MAY 22, 2024

This guide will provide you with financial reporting help and actionable steps to get accounting back in order and working for you. Check out our blog for other accounting tips that help you avoid losses and missed opportunities. Like compound interest on a loan, accounting errors grow and become more complex over time.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

CFO Share

JULY 14, 2022

Do your profits and cash flows make no sense? Here’s what you should consider when approaching a catch-up bookkeeping or an accounting clean up project. As a rule of thumb, bookkeepers are not qualified to do accounting clean up – you need a trained accountant. What is the root cause of the accounting mess?

General Ledger (GL) 52

General Ledger (GL) General Ledger Profit and Loss Invoicing 52

CFO Simplified

APRIL 15, 2022

There are two major issues here: (1) how do you decide when something becomes obsolete and (2) how do you price it for quick sale? Sales – $10,000,000. Reduce the price of the inventory to minimal levels and promote the sale of the garments through internet channels. Ensure the sales register matches the individual invoices.

Profit and Loss 52

Profit and Loss Manufacturing General Ledger Accounts Payable 52