Trade spending that should be recorded against revenue includes anything that reduces the price of the product, such as discounts, rebates, slotting fees, free https://www.bookstime.com/articles/present-value-of-a-single-amount products, deals, and coupons. In the marketing category, you might include demos, advertising, in-store displays, marketing campaigns, and contests. Trade spend is a critical activity for CPG food and beverage […]
Companies face several challenges when reconciling bank statements to financial activities, so it’s important to highlight common problems you may encounter. Expenses such as overdraft fees or monthly bank fees need to be deducted from your cash balance. If the bank has processed interest earned, it should reflect as an addition in your records. After […]
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