I would also state out the direct relation between AP and CashFlow. When AP increases, that's good for the cashflow, means cash is not changing hands therefore we have a cash inflow When AP decreases, that's bad for the cashflow, means company is paying her bills in cash which results in an outflow The opposite applies for A/R in relation with CashFlow.
You started talking about accrued expenses 14:10, then the screen went black at 14:16 and doesn’t come back until 14:32 when you start talking about cash.
Using a white board to illustrate enteries would be helpful.
Hmmm - I hadn't thought of that - good suggestion
I would also state out the direct relation between AP and CashFlow.
When AP increases, that's good for the cashflow, means cash is not changing hands therefore we have a cash inflow
When AP decreases, that's bad for the cashflow, means company is paying her bills in cash which results in an outflow
The opposite applies for A/R in relation with CashFlow.
I like that explanation. Thanks for sharing it.
You started talking about accrued expenses 14:10, then the screen went black at 14:16 and doesn’t come back until 14:32 when you start talking about cash.
Well that is not good. Thanks for letting me know and let me see what I can do to fix it.
I noticed this too which led me to your AP vs Accrued Expense video and it worked out great! Love your videos, thank you.
@@Dianthusrain thank you for your kind words