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An automated Excel Payroll & Salary Calculation Sheet designed for error-free compensation processing. It features dynamic formulas (IF, VLOOKUP, etc.) for automated HRA calculation based on city tiers, overtime pay, statutory deductions (PF & ESI), and attendance-linked salary proration—generating instant Net Payable Salary per employee.
Key Skills: Payroll Management, Excel Automation, Statutory Calculations (PF/ESI), Data Entry & Accuracy, Financial Compensation Sheets.
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Your customer owes you $20K. Is that really an asset? 🤔
Yes… but only for what you can realistically collect.
An unpaid invoice sits on your balance sheet as Accounts Receivable. But if it’s 90+ days late and you only expect to collect 60%, the honest number is $12K, not $20K. 💸
📌 Book the sale: profit goes up, cash doesn’t
📌 Estimate the risk with an allowance for doubtful debts (IFRS 9 expected credit loss)
📌 Show net receivables, not wishful thinking
Profit ≠ Cash. A business can look profitable and still run out of money.
Anything above what you expect to collect is a hope, not an asset.
👉 Follow for Episode 5: Revenue went up 40%—but your profit went down. Why?
Very interesting and informative series to watch.
Thankyou @Fatima Akbar for sharing.