Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why doesnt the Budget Sheet use depreciation and amortization?

April 26, 2017amortization budget depreciation Sheet

0

Posted

Why doesnt the Budget Sheet use depreciation and amortization?

1 Answer

0

Posted

Depreciation and amortization are terms used in accrual accounting systems. The HOPP application measures future cash flow based on the projections of cash received and cash spent within a measurement period. In accounting terms HOPP uses the cash method based on receipts and disbursements (cash out).