A 13 period accounting cycle has several advantages over a monthly accounting cycle. The two biggest advantages are eliminating month end labor accrual to straighten out your P&L, and recordkeeping.
With a 13 period year, holidays fall into the same week of the same period every year. Your weekly sales data can be accurately compared to [...]
Should we switch to a 13 period accounting cycle?
February 23rd, 2008 · No Comments
Tags: Questions
