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Acceletated depreciation reduces the amount of taxable income of an asset so that tax liabilities are deferred later. Depreciation will only affect cash flow when
Acceletated depreciation reduces the amount of taxable income of an asset so that tax liabilities are deferred later. Depreciation will only affect cash flow when doing taxes which reduces cash flow. In making sound business decisions I would first make sure to have a budget so that you dont spend to much money on something the company really didn't need. Also make sure that everthing is recorded such as all your financial stuff like expenses and sales. For me I tey to make sure I have all my expenses recorded as well as my sales. I'm still not completely together when it comes to my business but its slowly getting better with each day reply
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