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Revenue Vs Capital
Manage episode 213515580 series 2328838
Content provided by Amanda Fisher. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Amanda Fisher or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to Episode # 8 of the Seeing Through the Numbers Podcast. Today I'm talking about money coming into your bank account. Money coming into your bank account is a good from your sales, or payments from clients or customers of their invoices these are good - even though 1/11th of this belongs to the ATO (we're talking GST). But when deposits come into your bank account are non-revenue related - eg from your personal funds to help pay the bills, loans from family and friends, bank or finance company loans. These aren't good deposits because at some point in the future you are going to have to pay them back. The key here is to understand the difference between revenue and capital receipts and which ones will impact your profit and loss and which ones just help your cash flow in the short term but will need to be paid back.
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Manage episode 213515580 series 2328838
Content provided by Amanda Fisher. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Amanda Fisher or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to Episode # 8 of the Seeing Through the Numbers Podcast. Today I'm talking about money coming into your bank account. Money coming into your bank account is a good from your sales, or payments from clients or customers of their invoices these are good - even though 1/11th of this belongs to the ATO (we're talking GST). But when deposits come into your bank account are non-revenue related - eg from your personal funds to help pay the bills, loans from family and friends, bank or finance company loans. These aren't good deposits because at some point in the future you are going to have to pay them back. The key here is to understand the difference between revenue and capital receipts and which ones will impact your profit and loss and which ones just help your cash flow in the short term but will need to be paid back.
…
continue reading
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Similar to Seeing Through The Numbers
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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continue reading
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continue reading
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The Greatness Machine is on a Quest to Maximize the Human Experience! Join Award Winning CEO and Author, Darius Mirshahzadeh (pron. Mer-shaw-za-day), as he interviews some of the greatest minds in the world―turning their wisdom and experience into learnings and advice you can use in your life so that you can level up and create greatness. Join Darius as he goes deep with guests like: Moby, Seth Godin, Gabby Reece, Amanda Knox, UFC Ring Announcer Bruce Buffer, Former FBI Negotiator Chris Voss ...
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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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