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Accounting Data Representation
Hello everyone, I found a way to represent all business data (over any period of time) of a company in one graph/picture. I don't think it's anything new, it's just the method is different from what I've seen before. The advantages are that: - you have it all in one place and you can see the interconnections between anything that interests you (eg. profit related to assets, or cash) - if you have a ruler, a calculator, and know a bit of geometry you can derive out of the graph anything; from individual expenses of the business to asset turnover and ROI. - it only takes 5-10 minutes to understand how the graph works and what the lines represent disadvantage: - you need every transaction (dated) that the firm has. Non transparency can yield bad results. First I did this with the purpose of finding the profit for a business (in a more graphical way), but later when I looked at it I realized you can do much more with it. The business for which I did this is rather small, with one owner and no interest in investors or sharing their data too much for that matter, so for them this has a just a little managerial usage. Do you think there would be demand for such a graph? would accounting software companies be interested in such a thing? Thank You in advance. ساعد في نشر والارتقاء بنا عبر مشاركة رأيك في الفيس بوك |
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