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Now that our supervisors actually see their financials on a daily basis and know how much money they have available to spend, they’re tightening their belts and taking cost control very seriously. As a result, we’ve cut the variance between our operating expenditures and revenues in half. Thanks to this declining variance, we’re able to expend our property tax levy income for much-needed capital improvements, as opposed to spending it on operations.
Learn whether accounts payable is an asset, how it appears on the balance sheet, and how it affects the cash flow of your business.
Performance management systems help organizations set goals, track progress, provide feedback, and get the best performance from their employees.
A trial balance is an accounting report that lists ledger account balances to check debits equal credits. See how it works with our simple trial balance examples.
Learn how franchise accounting differs from other multi-entity accounting models. See how software solutions can help manage the additional complexity.
Learn what accrual basis accounting is, how it works, and how it compares with cash basis accounting, including simple examples for businesses.
Celebrity tours made the USO famous. A finance team built for speed and scale is what keeps it running. In this interview, Michelle Turner and Diane Fraber explain how smarter financial operations let every donated dollar reach the front line.
Learn how to write an invoice to get paid on time with our invoice cheat sheet. Discover what to include, invoice types, common payment terms, and handy tips.
Learn what fund accounting is, how it works for nonprofits, and why it matters for tracking restricted funds, grants, budgets, and financial reporting.
