Everyday Money
A Reimbursement Claim and Money Received Need Separate Budget Entries
Paying an expense that someone intends to reimburse creates a timing gap. A personal record is easier to understand when the original payment, the claim and…
Financial ideas, carefully read
cash flow
The Reading Desk
A Profitable Month Can Still Leave a Business Waiting for Cash
A fictional shop makes a sale this month but receives payment next month. The timing difference helps explain why a profit figure cannot, by itself, tell…
Everyday Money
A monthly total can hide a difficult week
Income and expenses have dates as well as totals. A simple fictional example shows why a cash-flow calendar can reveal a gap a monthly sum misses.