Month: November 2022

Use this statement of cash flows template to track and assess cash flows over a three-year period. The template is divided into sections for operations, investing, and financing activities. Simply enter the financial data for your business, and the template completes the calculations. As a business owner/manager you need to invest the time and resources… Continue reading 3-year cash flow projection template for easy use

Single-entry bookkeeping is perhaps the simplest and most basic system of bookkeeping. It does not require any specific skills or knowledge to implement and is meant mainly for small businesses and startups. In this system, every financial transaction is recorded through a single entry (log) in the journal, including both incoming as well as outgoing… Continue reading Understanding Double-Entry Accounting and How it Works