Profit on Paper, Broke in the Bank

Accounting for Beginners Who Just Got Their First Financial Statements and Need to Understand Them Before the Accountant Meeting

von Adam Wolf

84 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

Stop Pretending You Understand Your Financial Statements-Learn Accounting the Way You Actually Live ItYou've just received your first profit-and-loss statement and balance sheet from your bookkeeper. Your accountant meeting is next week. And you can't explain why the P&L says you're profitable while your bank account says broke.You're not bad with money. You're not bad at math. You've just never learned accounting the way real businesses live it-month by month, invoice by invoice, with clients paying late and equipment costing more than planned.What You'll Discover Inside- Why your bank account and your P&L don't match-the accrual vs. cash accounting trap that blindsides every first-year owner- How to read all three statements cold-walk into your accountant meeting with actual questions, not panic- The four errors that tank first-year owners-spot them in your own books before they cost you money or worse- Where the money actually goes-loans, equipment, taxes, draws-and why profit doesn't mean cash available right now- What your lender actually wants to see-and how to find it on your three statements- Your personalized financial health check-complete worksheets for your own books so you're ready before you walk in- Chapter-by-chapter guidance for your business type-cash-basis, income-focused, or multi-location-with signals about what applies to youThis isn't accounting for students. This is a full year with Reyes Mobile Detailing-one used truck, one bookkeeper, one owner-followed month by month. Every invoice, every statement line, every cash flow decision is explained exactly where you'll meet it in real life. By the final chapter you've walked through a complete accounting cycle, checked your own books for the problems that matter, and have a personalized reading of your three statements in your hands.Scroll up, click Buy Now, and stop faking your way through the next financial meeting.

• Reihe: Independently published
• ISBN: 9798176573695
• Sprache: Englisch
• Erscheinungsdatum: 23.09.2026
• Größe: 229 x 152 mm
• Verlag: Independently published