Deterding, S., Dixon, D., Khaled, R. and Nacke, L. (2011a) âFrom Game Design Elements to Gamefulness: Defining âGamificationââ, Envisioning Future Media Environments - Conference proceedings, MindTrekâ11, Tampere, pp. 9â15.
The payback method is a simple way to evaluate the number of years or months it takes to return the initial investment. The payback period is usually expressed in years. Start by calculating net cash flow for each year: net cash flow year one = cash inflow year one - cash outflow year one.
Here's how each works: The cash method. The cash method is the more commonly used method of accounting in small business. Under the cash method, income is not counted until cash (or a check) is actually received, and expenses are not counted until they are actually paid. The accrual method.ere's how each works: The cash method. The cash method is the more commonly used method of accounting in small business. Under the cash method, income is not counted until cash (or a check) is actually received, and expenses are not counted until they are actually paid. The accrual method.