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Profit vs. Cash: Why Your Business Success Isn't Just About Profitability
access_time 2025-02-08T07:38:26.936Z face CA N Raja
Profit vs. Cash: Why Your Business Success Isn't Just About Profitability Vinu: Hi Manu! I've been diving deep into my business finances lately, and I have a question that's been bugging me. Why is profit not equal to cash? I mean, aren't they both indicators of financial success? Manu: Hey Vinu! I'...
Why Every Sole Proprietor Should Maintain a Separate Business Bank Account
access_time 2025-02-07T19:45:32.376Z face CA N Raja
Why Every Sole Proprietor Should Maintain a Separate Business Bank Account Vinu: Hey Manu! I've been running my business as a sole proprietor, and I've been using my personal bank account for both personal and business transactions. But recently, I've been advised to maintain a separate bank account...
Why Acceptable Financial Ratios Vary Across Industries: Manufacturing vs. Services & Trading
access_time 2025-02-05T08:16:47.476Z face CA N Raja
Why Acceptable Financial Ratios Vary Across Industries: Manufacturing vs. Services & Trading Vinu: Hey Manu, I've been wondering why there's a difference in the acceptable level of ratios for different types of businesses. I've noticed that sometimes higher ratios are insisted for manufacturing enti...
RERA Accounts: Ensuring Transparency and Accountability in Real Estate
access_time 2025-02-05T07:56:12.961Z face CA N Raja
RERA Accounts: Ensuring Transparency and Accountability in Real Estate Vinu: Manu, I’ve been hearing a lot about RERA accounts lately. Can you explain what exactly a RERA account is and how it works? Manu: Sure, Vinu. RERA stands for the Real Estate (Regulation and Development) Act, which was introd...
Deferred Revenue Expenditure vs. Prepaid Expense: Key Differences Explained
access_time 2025-02-04T07:17:33.97Z face CA N Raja
Deferred Revenue Expenditure vs. Prepaid Expense: Key Differences Explained Vinu: Manu, I’ve heard of both "deferred revenue expenditure" and "prepaid expense," but I’m not sure what the difference is. Can you help me understand? Manu: Sure, Vinu! Let me explain it to you. First, let’s talk about de...
