Economy

What is egress? »Its definition and meaning

Anonim

egress comes from the Latin De egressus, means discharges all those outputs or downloaded games. This verb makes mention of coming out of somewhere. For example: "The expenses of more than a hundred people from this airport." The concept of expenses is closely associated with accounting. It is called expenses when money leaves a company, while income allows refer to the money that enters.

The expenditures refer to expenditures and investment. While spending increases losses or decreases profit. The expense involves a financial outlay, be it cash or bank movement. The payment of a service (for example, Internet connection) and the rent of a commercial premises are some of the usual expenses that are part of the expenses of the companies.

Investments and costs, meanwhile, also means the outflow of money. however, these are disbursements that are made in order to earn income in the future. When buying a raw material, a company makes an expense, but, by transforming said material, it becomes a finished product that will generate income from its sale. Business logic implies that these revenues must exceed expenses to be profitable.

Cash flow is an accounting statement that allows you to control the movements of cash and equivalents. It is a way of monitoring how much money is going out of the company and how much is coming in, which helps with planning. A company needs to have its expenses controlled to be able to face its obligations effectively.