Lera Reyes

Lera Reyes

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In most company or shop maybe,usually they always wants to count their sales in cash basis rather than in credit. So at the end of the month or year perhaps, they always make sure all sales should be done. Revenue's are check to make sure its definitely match up with the sales on record and the money on the box. With Cash Converters it is not that hard to convert revenues into cash since in this kind of business, you always get more cash than credit. Converting revenue into cash is not that hard. You only need to get the total amount for the whole month or year income statement.Check the record starting from the first day of sales up to the end of the month or year. Accounts should be add together to get the result. Convert all collectibles into cash simply by adding all revenue account statement and subtract current receivable balance. Cash Converters account always do this since some cases requires credit.

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