The concept of revenues and cash receipts is similar, but revenues are recorded on theincome statementunderaccrualaccounting reporting standards while cash receipts are based on cash-based accounting. Cash receipts directly increase the total cash amount recorded on the balance sheet, butrevenuecan be ...
Calculate IRR using the IRR function for monthly cash flow in Excel. Method 2 – Applying XIRR Function Steps: Select a cell to put the IRR value in. Here, we have selected cell D19 for it. Write down the following formula. =XIRR(D5:D17,C5:C17) Press Enter on your keyboard. Calc...
In other words, the document handover process is more ‘standard operating procedure’ than all-singing-and-dancing ‘digital oilfield’. While the digital oilfield aficionados like to ‘dis’ Excel as a data repository, what is important is that the documents are correct, whatever the format. ...
A storm has been brewing over theOpen Geospatial Consortium’s proposed Geoservices Rest API culminating in aletterfrom the board of the open Source Geospatial Foundation (Osgeo). The situation was summarized in astatementfrom open source GIS advocates who asked, ‘Is OGC losing its Way?’ The ...