For cultivators who deal in seasonal or cyclical revenue streams, Dama offers products and pricing that align with the realities of running a commercial cannabis operation. Bolstered by the addition of Willow Industries, the coalition represents a pivotal step towards a more informed and…

In the past, it was common for a company to prepare the bank reconciliation after receiving the monthly bank statement and before issuing the company’s balance sheets. However, with today’s online banking a company can prepare a bank reconciliation throughout the month (as well…

Revenue realized through primary activities is often referred to as operating revenue. For a company manufacturing a product, or for a wholesaler, distributor, or retailer involved in the business of selling that product, the revenue from primary activities refers to revenue achieved from the…

Restaurants, bars, and hotels might rely on a billing process, granting their customers access to a product or service and billing them once the sales transaction is complete. The total amount that the customer owes can be printed or written on the bill. Invoices…

Indirect materials are part of overhead, which we will discuss later. Please see the fee schedule table above to view a full list of the revised forms that will go into effect on April 1, 2024, along with the new fees. We will accept…

If you’ve dealt with for-profit cash flow statements before, this should look very familiar. Once you’ve got a bookkeeping system and a bank account in place, you need some way of making sure the information in both of those systems lines up. You probably…