Profit First Cheat Sheet - The gaap (generally accepted accounting principles) formula for determining a business's profit. Web the profit first formula. Allocate revenue to each account ๐ธ 4. Set up the five profit first accounts ๐ต 3. Determine your profit margin ๐ฐ 2.
Determine your profit margin ๐ฐ 2. Set up the five profit first accounts ๐ต 3. Web the profit first formula. Allocate revenue to each account ๐ธ 4. The gaap (generally accepted accounting principles) formula for determining a business's profit.