Blog

This can help ground you in setting realistic goals for your expenses and fundraising efforts. Include program expenses in your nonprofit program budget template to ensure that your resources are used efficiently while achieving your mission goals. Personnel costs are the expenses related to compensating your nonprofit’s staff. How to…

Then, subtract the earlier period’s NWC from the later period’s NWC to retained earnings find the change in NWC. Operating cash flow measures how much cash a business generates from its core operations, excluding financing and investment activities. OCF reflects a business’s ability to produce cash from its day-to-day operations.…

A company’s performance is compared to its rivals using the average collection period, individually or collectively. The average collection times serve as a good comparison because similar organizations would have comparable financial indicators. Businesses can assess their average collection period concerning the credit terms provided to clients. Accounts Receivable Turnover…