Revenue
The importance of cash flow forecasts
As we enter into the new year, with many economists predicting a slowing of the economy, planning your business’s cash flow is more important than ever. Studies suggest that the failure to plan cash flow is one of the leading causes of small business failure. To this end, a cash flow forecast is a crucial…
Read MoreAre those investment returns on revenue or capital account?
The distinction between an income and capital receipt has been likened to the fruit and the tree, where the capital amount is the tree and the fruit being the return of income from the capital. Generally, an income receipt is regarded as an amount that is regular, recurrent or periodic and income tax applies to…
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