Evan Vitale is a great American certified public accountant servicing within the Alternative Investment Services group of BNY Mellon in Orlando, Florida as an Account Manager. He provides accounting services to hedge funds and private equity funds. http://evanvitale.net/

1. Evan
Evanvitale.com
Vitale
Accounting cycle verses operating cycle
Accounting cycle: Accounting cycle is play crucial role.
Accounting cycle is a series of accounting tasks such
as identifying business transactions, recording them in
journal entries to the general ledger and finally, to
prepare the financial statements of company. Period of
accounting cycle is not depend upon the when the
transactions are occurred. Accounting cycle can be
calendar year or a fiscal year; it may be quarterly or

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Evanvitale.com
Vitale
yearly basis.
Operating cycle: Operating cycle of company is average
period of time required for a business to make goods,
sell the goods and receive cash from customers in
exchange for the goods. That gap between producing
goods to receiving cash is known as operating cycle of
company. Operating cycle reflects how in reality
business transactions progress from start to finish. It is
also known as cash conversion cycle. Small Operating
cycle is better, because it allows company to fast

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Evanvitale.com
Vitale
conversion of cash.
Accounting cycle and operating cycle is differing to
each other.
To more information about accounting and finance, you
can contact with Evan Vitale.
Evanvitale.net Evanvitale.com Evanvitale.org