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Provision Business Services LLC

A Professional Bookkeeping Firm

Located in Albuquerque, Serving all of New Mexico

505-269-3783

Cash Flow vs Profit & Loss

Cash flow and profit & loss are two terms that can be confused.  If you end up talking with a banker, you’ll want a clear understanding of both terms. Let’s start with profit and loss, which is the easier concept. Income – Expenses = Profit (or Loss). If your...