Latest / My Accounting Advantage
Every Dollar Needs A Job
Ask Mai & Send Feedback
This episode explores one of the biggest frustrations for business owners: Why does my financial report show a profit, but there's no cash in the bank?
Mai and Lee unpack the critical difference between profit and cash flow, explaining how accrual accounting can create a gap between what your reports show and the cash you actually have available. They share a practical framework for managing cash flow, building reserves, and making informed growth decisions without putting unnecessary pressure on your business.
In this episode, they discuss:
Why profit and cash are not…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.