When the cash you have coming in is greater than the cash you have going out, your cash flow is positive. When the opposite scenario is true, your cash flow is negative. Ideally, your cash flow statement will help you see when cash is low, when you might have a surplus, and where y...
Cash flow analysis is the process of examining the inflows and outflows of cash within a specific period to assess the financial health and cash-generating capabilities of an individual, business, or organization. It involves reviewing the statement and other financial data to gain insights into tr...
Most states require sellers to disclose known defects with the property to the prospective buyer in theseller’s disclosure statement. “A home seller disclosure law is a law that requires home sellers to disclose or reveal known defects regarding the property that is being sold,” ...
and where cash was needed I used a bank ATM to withdraw cash - there was no cash advance fee since there was a surplus in the account. You generally have up to 50 days to pay the bill if needed but what usually happens is your purchases come off the surplus immediately as we...
Holiday greetings and best wishes for a New Year of happiness in a world of peace. The gift of love, the gift of peace, the gift of happiness—may these be yours this holiday season. Hope this season is packed with fun! Whatever is beautiful, whatever is meaningful, whatever brings you...
In contrast, the tax payable denotes the actual tax obligation based on the regulations of the tax code. This payable amount is acknowledged on the balance sheet as a liability until your business satisfies its tax due. Should the tax expense surpass the tax liability, the surplus generates a...
This feature enables agents to multitask between handling digital contacts and making manual outbound calls simultaneously. When agents communicate through a digital channel, they should still have the ability to manually dial out to a phone number if needed. This capability is essential for situations...
The standard functionality for sending reports to SharePoint is now available for reports generated through Financial reporting. When choosing to export or print a generated financial statement, you can now select to publish the financial report to SharePoint. Using the standard function...
The purpose of releasing a statement of retained earnings is to improve market and investor confidence in the organization. It is used as a marker to help analyze the health of a firm. Retained earnings do not represent surplus funds. Instead, the retained earnings are redirected, often as a ...
The gold standard was completely replaced byfiat money, a term to describe currency that is used because of a government's order, or fiat, that the currency must be accepted as a means of payment. In the U.S., for instance, the dollar is fiat money, and in Nigeria, the naira is. ...