Matt Cannon’s Post

KIT KAT Break 🍫 to Corporate Revenue 💸 Personal Transaction to Company's Revenue:- When a you buy a ₹5 chocolate, you're making a purchase that adds ₹5 to the company’s revenue. This may seem like a small amount, but in aggregate, such small purchases from countless customers become the company’s primary source of income. This is the top line of their Income Statement or Profit and Loss Statement. How it impacts B/S? Company gains 5rs in cash and correspondingly contributing to revenue recognition which ultimately increase the company's earnings. On Cost:- The company will spend some cost to produce the Chocolate. So we can offset the cost from 5rs revenue as everyone contributed. The difference between cost and revenue will give the company GROSS PROFIT and which eventually contributes to overall NET PROFIT. Conclusion:- Every small action, like making a purchase or using a service, contributes to the larger financial ecosystem. As an accountant, you're responsible for connecting each of these individual transactions to the bigger picture, tracking their impact on the company’s revenue, cash flow, and profitability. This illustrates how even the smallest purchase plays a crucial role in shaping the company’s financial success over time. 😊 #Revenue #Accountant #Finance #Corporate

Easter is upon us, and those Lindt bunnies and chocolate eggs are out in force. But, let's not forget about another important egg - your nest egg! Now is a great time to think about growing it - and one of the best ways to do that is to ensure your business is as efficient and profitable as possible. That's where Lewis Brownlee comes in! Managing your accounts can be complex and time-consuming, but our team of expert accountants are here to help you every step of the way. Our Virtual Financial Controllers and Virtual Finance Directors can provide tailored guidance and solutions to help your business grow - they can even plan for exit strategies. So, while you're enjoying your Easter treats this year, take a moment to review your accounts and plan for the future. Contact us at 01243 782423 to partner in your success and make a difference that really counts. #BusinessAdvisory #MakingADifferenceThatCounts

With Pratik Palor । प्रतीक पलोड़ on board as our Financial Controller, we’re excited about the expertise he brings to drive our growth and strategic goals forward. Read this article to know more about Pratik 👉 https://lnkd.in/g6cnduhq

🚀 New Video Alert! 🚀 New video about Account Group in the Accounting Module in Odoo 17.

Say hello to the Corporate Affairs Head 💼: Sanya Aggarwal The one and only who's about to take our brand game up a notch 📈 🤝,and keep the collabs rolling. She's on the case? you know it's gonna get done right— _no shortcuts, just pure precision.✨_ #SlayTheDay Meet the one who makes sure every penny counts— our Treasurer! - Vibhuti Arora 💰✨ Bills running high? ✅ Money in check? ✅ Calculations on point? ✅ Accounts balanced? ✅ _she’s got it sorted and sealed._ 🔒 Bringing flair to every financial report 💸 #BillsOnPoint

As Head of Finance Accounts, I kick off each week with a clear plan in Excel. Here’s my approach: 1-Prioritize Tasks: I list responsibilities by urgency and importance. 2-Time Block: Each task gets a dedicated time slot to minimize distractions. 3-Track Progress: A simple status column keeps me motivated. 4-Set Goals: I align weekly objectives with our financial targets. 5-Review & Adjust: At week’s end, I assess accomplishments and refine strategies. Excel keeps me organized and boosts team efficiency. How do you plan your week? Share below! 

🔍 Want to instantly surface insights on production spend—with no manual digging required? Be able to answer questions like “Where are my costs from January to July?” in seconds? CEO Ali Javid & Co-founder Cameron Woodward share a first look at Wrapbook's AI-empowered workflows for production finance & accounting teams.✨ Watch the video below or dive into more details on the blog... https://lnkd.in/eBNMnEmN

When your reports aren’t giving you the full picture, it’s easy to miss what’s really driving (or draining) your profits. Consistency in reporting isn’t just for accountants—it’s crucial for anyone running an F&B operation. How often are you checking your reports?

🔹 Sandra 𝘪𝘴 a Brilliant Accountant. At her growing SME, she was exceptional at tracking transactions and creating accurate reports. Yet, she struggled to add value beyond compliance. Recognizing the need for change, Sandra aspired to become a Finance Business Partner (FBP). She didn't wait for permission; she took action. 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗝𝗼𝘂𝗿𝗻𝗲𝘆: 🔸 𝗔𝘀 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝘁: - Tracked transactions and ensure compliance. 🔸 𝗔𝘀 𝗮 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗣𝗮𝗿𝘁𝗻𝗲𝗿: - Used data for decision-making and forecasting. - Managed budgets and developed growth strategies. - Challenged existing methods and sought improvements. 𝗥𝗲𝘀𝘂𝗹𝘁𝘀: Sandra's proactive approach drove company growth and earned her recognition and promotions. She shifted from maintaining books to influencing growth. 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗠𝗮𝗸𝗲 𝘁𝗵𝗲 𝗦𝗵𝗶𝗳𝘁? 1. Use numbers for planning and prediction. 2. Make informed decisions, even with incomplete data. 3. Explain financial concepts clearly to non-accountants. Are you just keeping the books or leading the charge? Use your skills to propel your company forward. Sandra is a brilliant FBP! Be like Sandra Cheers, Ajibola 𝘗.𝘚. ♻️Please repost with your accountant friends

As part of the CoorsTek Global Standards for Business Conduct, we are committed to providing honest, complete, and accurate financial accounting. Why is this important? Reporting accurate and understandable information about our business records is one of our most important duties, allowing our customers, business partners, and regulatory bodies full confidence the stability and integrity of our business, products, and services. Our employees ensure our commitment to honesty in our business records by: ☑️ Never falsifying, omitting, misstating, misrepresenting, altering, or concealing any facts or information ☑️ Never encouraging or allowing anyone to compromise the accuracy or integrity of our business records ☑️ Maintaining accurate books and records that fully, fairly, and correctly reflect financial information ☑️ Fully cooperating with our internal and external auditors and not concealing any information from them ☑️ Ensuring all financial transactions do not include incorrect dates, misleading descriptions, or recording errors, such as false expenses or purchase orders, inaccurate time sheets, or misleading travel and entertainment expenses ☑️ Not tolerating the use of any off-book accounting, unrecorded bank accounts, slush funds, or any other devices that distort our true financial information Visit https://lnkd.in/ez5j-JVD for more information #BusinessEthics