A company's cash turnover ratio measures how many times per year it replenishes its cash balance with its sales revenue. A higher cash turnover ratio is generally better than a lower one. Analyzing ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Small and large businesses alike can analyze various ratios to determine how well they are controlling expenses and maintaining adequate cash flows. One analysis that might be valuable for owners of ...

Discover when businesses must use accrual accounting and how it differs from cash accounting. Learn why it's essential for ...

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips ...

Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.