Discover what we’ve been up to this month in the latest edition of the Brixx Insider! We detail how to get involved in the Xero beta testing groups (there’s still time to sign up!) as well as some of the other releases we’ve made to the app.
Financial forecasting is a skill you’ve got to put into practice if you want to improve at it. In this week’s article, we’ve formulated 18 top tips to help you improve and create more accurate, useful and meaningful cash flow forecasts. If you can crack this process, you’ll be more prepared for whatever the future will bring.
Cash flow from operating activities can be a bit of headache to get your head around. In this article, we break it down and explain what it means, the impact it has on your business and the differences it has over financing and investing activities.
Numbers can be open to interpretation, especially if you’re not used to arcane accounting methodologies.
Maybe you usually leave the numbers to the accountant, but if you’re a decision maker, then at some point you’ve got to figure out what it all means.
So, today, I’m going to explain some of the common ways cash flow can cause confusion and how you can avoid it.
When it comes to finance, jargon can quickly become confusing. In this piece, we aim to chop this jargon up into digestible, easy to understand definitions with a simple example.
If you’re new to the balance sheet, understanding each of its components can seem like an overwhelming and complicated ordeal. So, today we’re going to tackle some of the most frequently misunderstood components of the balance sheet, fixed and current assets. First, we’ll break down fixed and current separately and explain their categories, then we’ll draw the differences between the two.
Read about what’s included in the Xero beta and how you can get involved. Also a little update on how the Brixx team is doing in these strange times.
A balance sheet is an essential tool used to show the value of a business at a specific point in time. In this coffee-infused article, we journey to understand the balance sheet using a coffee shop as an example!
A profit and loss statement, also called an income statement, shows the revenue and expenses of a business, broken down into categories. This week we’re going line-by-line through an example of this report, introducing the key concepts of the P&L.
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