Earnings cycle – Process
Earning cycle is the process that involves the complete management from the purchase to the sale of particular goods or services. The process of the earnings cycle is explained below:
The first step in the process of the earnings cycle is the order that the business organization will receive from its customer. This step involves the recording of the order received from the customers.
The second step in the process of the earnings cycle is working on the order. In this step, the business organization will start processing the order received by its customers and prepare them to provide timely delivery.
The third step of the earnings cycle is recording bills to be provided to the customers of the business organization and preparing the related invoices.
The fourth step of the earnings cycle is delivering those processed goods to the customers and providing the prepared invoice to a customer, the confirmation of which should be received by the customers. If the goods are sold on credit, the business organization will record the accounts receivable.
The last step in the process of the earnings (cash or operating) cycle is receiving payments from the customers and records the earnings from the particular transaction.
Advantages of earnings (cash and operating) cycle
Maintain cash flow – The main advantage of the earnings cycle is that it helps in maintaining the cash flow of the business organization. This process of earnings cycles takes into consideration all the steps from the placement of order to recording earnings of the business organization. With the help of this cycle, the business organization can maintain a record of cash flow.
Making comparisons – The earnings cycle helps the professionals of the business organization in making comparative decisions and improving all the drawbacks of this cycle by making comparisons with the related cycles. It also helps the business organization in providing the delivery of the order placed by them on time.
Reducing credit period – The other benefit of the earnings cycle is that it help the business managers to analyze and accordingly control the credit period. The credit period is related to credit sales. The time duration of credit payments would reduce, and the chances of bad debts will also reduce.
Disadvantages of the earnings cycle
Each and everything had advantages as well as disadvantages. The disadvantage of the earnings cycle is explained below:
Proper training required – The business organization to manage the earnings cycle should train the employees properly. This training is required because any single mistake would spoil the entire cycle.
To increase manpower – The other disadvantage of the earnings cycle is that to implement the earning cycle, the business organization has to allocate different personnel to different departments. Therefore, the business organization has to increase its workforce, increasing the fixed cost of that business organization.
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You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
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Earnings cycle Process
Earning cycle is the process that involves the complete management from the purchase to the sale of particular goods or services. The process of the earnings cycle is explained below:
The first step in the process of the earnings cycle is the order that the business organization will receive from its customer. This step involves the recording of the order received from the customers.
The second step in the process of the earnings cycle is working on the order. In this step, the business organization will start processing the order received by its customers and prepare them to .
The third step of the earnings cycle is recording bills to be provided to the customers of the business organization and preparing the related invoices.
The fourth step of the earnings cycle is delivering those processed goods to the customers and providing the prepared invoice to a customer, the confirmation of which should be received by the customers. If the goods are sold on credit, the business organization will record the accounts receivable.
The last step in the process of the earnings (cash or operating) cycle is receiving payments from the customers and records the earnings from the particular transaction.
Advantages of earnings (cash and operating) cycle
Maintain cash flow – The main advantage of the earnings cycle is that it helps in maintaining the cash flow of the business organization. This process of into consideration all the steps from the placement of order to recording earnings of the business organization. With the help of this cycle, the business organization can maintain a record of cash flow.
Making comparisons – The the professionals of the business organization in and improving all the drawbacks of this cycle by making comparisons with the related cycles. It also helps the business organization in providing the delivery of the order placed by them on time.
Reducing credit period – The other benefit of the earnings cycle is that it help the business managers to analyze and accordingly control the credit period. The credit period is related to credit sales. The time duration of credit payments would reduce, and the chances of bad debts will also reduce.
Disadvantages of the earnings cycle
Each and everything had advantages as well as disadvantages. The disadvantage of the earnings cycle is explained below:
Proper training required – The business organization to manage the earnings cycle should train the employees properly. This training is required because any single mistake would spoil the entire cycle.
To increase manpower – The other disadvantage of the earnings cycle is that to implement the earning cycle, the business organization has to to different departments. Therefore, the business organization has to increase its workforce, increasing the fixed cost of that business organization.
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
There is a very low likelihood that you won’t like the paper.
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!
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