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Hey Delta. Thanks for the Accounting 101. But you left out...

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beachshack

258 Posts.

09/03/16

18:13

Post #: 17230814
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Originally posted by DELTA1 ↑

Thanks for pointing it out Arryd
I was about to suggest they start with booking themselves into a basic accounting class
Sales = Revenue = Cash
Revenue is booked when system deployed which can take 1-3 months as there is a significant integration process with the larger clients to embed with there internal applicant tracking systems and employee database
Then as you pointed out cash will follow in 60,90 days
Then they could actually thoroughly read the announcements but tipping probably wouldn't get it anyway
Wouldn't dare suggest they meet the company
I guess its because of these people that the opportunities are created
Footnote to Andrew1234, suggest you study today the difference between Revenue and Cash. A 4C is a quarterly CASHflow report - is not obligated to report revenues

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Hey Delta. Thanks for the Accounting 101.

But you left out "bookings". In all that sales and revenue and cash stuff there is also now "bookings".

Laters!

1PG Price at posting: $1.93 Sentiment: None Disclosure: Not Held
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Hey Delta. Thanks for the Accounting 101. But you left out...

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