Financial analysis digs into your revenue, expenses, cash flow, runway, and profitability, helping you understand what’s working and what’s not. Good startup accounting practices require you to save and organize all financial documents related to your business. Selecting the right accounting platform is an important early step for any startup. With limited resources and ambitious […]
Purchase price variance (PPV) is the cost difference between the standard price and the actual price of purchased materials. Purchase price variance refers to the difference between the standard price and the actual price paid for any purchased materials. At this point, favorable price variance occurs when a company puts an actual price higher than […]