What many agents don’t realize is that their Profit and Loss (P&L) statement isn’t just a financial report—it’s a powerful tool that determines the value of their book of business. Your financial statements are a valuable resource for understanding your agency’s performance. Utilize your income statement, balance sheet, and cash flow statement to identify trends, …
Instead of using the above formula, the present value of a single cash flow can be calculated using the built-in Excel PV function (which is generally used for a series of cash flows). The term present value formula refers to the application of the time value of money that discounts the future cash flow to arrive …
How to Calculate the Present Value of a Sum of Money Read More »
This can be especially how to fill out a receipt book useful for bookkeeping purposes, as it allows for more accurate record-keeping and easier tracking of expenses. This simple payment receipt template includes three blank receipts per page, with sequential numbers, so that you create consecutively numbered receipts for your transactions. Complete the purchase date, …
19+ Cash Receipt Examples & Templates in Word, Excel and PDF Read More »
