General Ledger Invoicing Profit and Loss Sales 
CFO Share
JULY 14, 2022
Do your profits and cash flows make no sense? The leading causes include: Poor monthly bookkeeping processes, including invoicing, billing, coding, and accruals. Too many general ledger (GL) accounts. Too many general ledger accounts. Accurate costing is key to a useable profit and loss statement.
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.
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