Anne's True Accounts Blog
Investopedia defines the Cash Burn Rate as "The rate at which a new company uses up its venture capital to finance overhead before generating positive cash flows from operations. In other words, it is a measure of negative cash flow."
But established businesses who are planning change should...
Checking the Superannuation Payable account
A little terminology first...
A Balance Sheet (also known as Statement of Financial Position), comprises Assets (what you own), less Liabilities (what you owe) to give a Net Assets figure. The Net Assets represent Owners Equity, or what's left over for the owners...
Hooray!! The new breed of accounting software is affordable, secure and in the cloud, giving you access to your financials in real-time.
It boasts automated bank feeds, online invoicing and mobile access. This is all fantastic stuff, don't get me wrong. But I see it's "friction-free scalability" as...
1
OR CONTACT ME BELOW
Anne Plummer
anne@trueaccounts.com.au
0415 533 195