Setting Up Your Accounting System
Feld Thoughts
AUGUST 12, 2011
Revenues and costs should both be based off of a robust set of assumptions. However, you do not have to become an expert on each and the degree to which you need to understand various issues evolves along with your business. Build a financial model that forecasts the P&L. This should tie to your GL for “Actuals” (i.e.
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