Bookkeeping

Bookkeeping Definition Bookkeeping is the day-to-day recording of business events - financial transactions and other information related to the business. Transactions include purchases, sales, receipts, and payments. The most important…

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Cash Flow Statement

What Is Cash Flow Statement ? The statement of cash flows, or the cash flow statement, is a financial statement that summarizes the amount of cash and cash equivalents entering…

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Cash Management

What Is Cash Management ? Cash management is the process of collecting and managing cash flows. Cash management is important for companies. It is a key component of a company’s financial…

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Cash on Hand

Cash on hand is the total amount of any accessible cash. According to “Entrepreneur” magazine, it refers to any available cash regardless of whether it is in your pocket or…

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Cash vs. accrual basis of accounting

What is the difference between the cash basis and the accrual basis of accounting? Under the cash basis of accounting… Revenues are reported on the income statement in the period…

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