Hi all, I'm new to the forum so please be gentle! I am doing books for a small home based floristry business. The owner purchases (apart from flowers!) other sundry items suchs as beads / floral sprays, holders, etc which are incorporated into bouquets, etc. for selling. She has provided opening sto...
My question is why is the P&L not showing a meaningful figure for the stock purchases in the cost of sales. Im just looking at a family members books for their shop and have been trying to explain that they should use the monthly P&L as part of their management reports (together with budget and...
Hi all, First time poster here. I have a question that, for some reason, has stumped me - maybe my mind has just gone blank. Here is the thing. Soon I will be making homemade greetings cards. The ongoing costs to make them will be buying the card, the printer ink, envelopes, polybags, etc. Now, when I...