A cash budget is a summary of the expenses you expect to incur and the income you are likely to generate during the accounting period. Preparation of quarterly cash budgets enables you to forecast ...

The Cambridge Advanced Learner's Dictionary & Thesaurus defines the service industry as "an industry that provides a service for the people but does not result in the production of goods." The ...

Running a business requires management to keep an eye on the finances, profitability, cash flow, and a multitude of operational activities that start with budgeting. A budget is a formal written plan ...

Every business, whether small or large, needs a way to track its expenses, revenue and profits. "Budgets are really important for both internal and external (reasons)," says Joseph Fahey, director of ...

The difference between the available cash at the beginning of an accounting period and that at the end of the period. Cash comes in from sales, loan proceeds, investments and the sale of assets and ...