Hi guys thank you for the video. Quick question, how would I treat depreciation for say a catering business? How would I treat this in this spreadsheet please? You guys are super clear and make sense and its really helpful honestly.
@basicsofbiz10 ай бұрын
Hi. Thanks for getting in touch and good to hear that the videos are helping you. Depreciation would be included as an expense or overhead in the Profit and Loss account. Note that you would then exclude it from the cashflow as it isn't an actual payment. The actual buying of the equipment would be included in the cashflow, which we included below the "cash from operations" line on the cashflow spreadsheet as "capital costs". Hope that has helped and good luck