Cash Flow Management System What every business should do to monitor its cash resources.

Slides:

Advertisements

Similar presentations

CHAPTER22 CASH FLOW STATEMENTS.

Advertisements

CREATING A PAYMENT REQUEST FOR VENDOR IN SYSTEM

Controlled Online Accounting General Ledger and Adjustments.

18-0 The Cash Budget 18.4 Forecast of cash inflows and outflows over the next short-term planning period Primary tool in short-term financial planning.

What’s New and “Under Construction “ in Accounting Presented by: Nancy Ross.

What’s New in GE Part 1 (AR, AP, PO, Job Cost Presented by: Derek Kratz.

National 4/5 Business Management

Slideshow 4 Setting Up Bank Services, Tax Services and Schedule Codes 5.2.

ACCOUNTS RECEIVABLE AMOUNTS OWED TO A BUSINESS DUE TO RENDERING GOODS OR SERVICES ON CREDIT.

Cash Flow Management For Growth By Ron Bernstein.

Short-Term Financial Management

Accounting Week 9.

© 1999 by Robert F. Halsey Agenda Review Accrual Basis Income Statements Importance of Cash Flow Preparation of Statement of Cash Flows Interpretation.

Forecasting and Short-Term Financial Planning

Financial Accounting Dave Ludwick, P.Eng, MBA, PMP Module 8 Cash Flow/Budget Analysis.

Your Firm Name Here Your Day-to-Day Business Bookkeeping Solution CBS Click to Continue Presented by: Your Firm Name Here.

3. 20 Using a cashflow forecast Using a cashflow forecast What is ‘cashflow’?  The flows of money into and out of the business  Money flows in.

OCR Level 3 Cambridge Technicals in Business

GCSE Business StudiesCash flow Cash Flow and Cash Flow Forecasts Click here for Part 1 Click here for Part 2.

McGraw-Hill /Irwin© 2009 The McGraw-Hill Companies, Inc. THE STATEMENT OF CASH FLOWS REVISITED Chapter 21.

GEK Compound & Prosper GEK2507 Frederick H. Willeboordse

Cash-flow Aim: Explain how a cash flow works Objectives: 1.Identify what makes-up a cash-flow 2.Be able to work out relevant cash flow calculations 3.Analyse.

1 PowerPointPresentation by PowerPoint Presentation by © Copyright 2007 Thomson South-Western, a part of The Thomson Corporation. Thomson, the Star Logo,

Cash Flow Statement.

PLAN PERFORM EVALUATE REPORT 1 Why Budget? If you know where you are going, you’re more likely to get there….

Cash flow planning Unit 8.

Presented by: Jessica Annis & Christie Vuleta Hardin County Schools 1.

FAS New Features Martha Pluemer 2012 User Conference.

Hawawini & VialletChapter 4© 2007 Thomson South-Western Chapter 4 MEASURING CASH FLOWS.

The Cash Budget Lecture 4 This lecture is part of Chapter 2: Budgets, Running a Company.

Cash Flow. Lesson Objectives By the end of the lesson you should be able to:  Explain the advantages and disadvantages of cash flow forecasts.  Identify.

 A cash flow forecast is a financial document that shows the expected movement of cash into and out of a business in a particular time period.

C ASH - FLOW F ORECASTS Objective Prepare cash flow fore cast from given information.

Working Capital.  Define working capital and explain the working capital cycle Prepare a cash flow forecast from given information Evaluate strategies.

PRESENTED BY : ROBIN K THAKUR. 1. Working Capital 2. Impacts of Inventory on Financial statement a) Impact on Balance Sheet. b) Impact on Cash Flow. c)

Statement of Cash Flows: Direct Method Chapter 13 McGraw-Hill/Irwin © 2009 The McGraw-Hill Companies, Inc.

NPV and the Time Value of Money

Product/Service & Distribution P.O.S. System Nick Mercuro, Evan Klipple, Austin Moore.

Premium 2011 RECEIVABLES Module Beyond Basics. Contents Simply Tools –Tracking Additional Transaction Details 3 –The Calculator 4 Journalizing Deposit.

MERCHANDISINGMERCHANDISING rService Businesses - Make money by providing a service - Services can’t be created and stockpiled for later sale. - An advantage.

Managerial Accounting

Financial Documentation Entrepreneurship Business Plan.

© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin STATEMENT OF CASH FLOWS.

1 Calculating the profit or loss of a business. * Profit (what it is and why it matters) * Purpose and main elements of profit/ loss account All students….

Slideshow 6 Accounts Payable Transaction Processing Part I 5.2.

Accounting Practices 501 Chapter 14 Introduction to Cash Budgets Cathy Saenger, Senior Lecturer, Eastern Institute of Technology © Pearson 2011.

MAN 470 – Berk TUNCALI 1. What is Cash Management? It is the process of forecasting, collecting, disbursing, investing and planning for the cash a company.

IGCSE Business Studies Cash Flow. What is meant by cash flow? Cash flow is the flow of cash in and out of a business, over a period of time. Cash inflows.

1 Using a cashflow forecast L/O: demonstrate an understanding of cash flow.

Financial Forecasting

PestPac Software. Overview: Effective with the release of Version 1.38, all payment entry will be done through the QuickPayment Entry screen. The design.

 A balance sheet shows the value of (or net worth) of a company on a given day. It is a snapshot of a company’s financial affairs at a single point in.

Short Review These are the main topics but of course you should be familiar with all the notes.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 18-2 Preparing the Operating Activities Section of a Statement of Cash Flows.

Management of Working Capital. Balance Sheet A financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific.

Personal Financial Statements Chapter 12 Personal Financial Statements The Balance Sheet.

Managing Revenue Chapter 2. PAGE REF #CHAPTER 2: Managing Revenue SLIDE # 2 Objectives Set up customer records in the Customer:Job list Record Sales Receipts.

0 Glencoe Accounting Unit 4 Chapter 17 Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Unit 4 The Accounting Cycle for a Merchandising.

Cash Flow Forecasting. STARTER Think about the bill payer in your household. What things need to be paid each month? How are those bills paid for?

Accounting and Record Keeping It’s Your Business, Take Control… Bottom Line Solution

Answer of ch 2 Cash flow. E12-2 Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) Suppose your company sells services.

Edexcel GCSE Business Studies © Pearson Education 2009 Chapter 16 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Cash Cash.

What is Income? What is income? 2 Income is any money you earn plus any other money coming in to you! 3.

 A cash flow forecast is a financial document that shows the expected movement of cash into and out of a business in a particular time period.

FINANCE QUIZ Name: ______________________ Total marks: 20 My mark: _________ My target grade is: __________ My grade: _________.

National 4/5 Business Management

Chapter 22 Cash Flow 1 working capital

Lecture 3 Budgets, Running a Company

Strategies and Insights to Control your Business

Presentation transcript:

Cash Flow Management System What every business should do to monitor its cash resources

Why do you need a cash flow management system? It helps you see where your money is going. It helps you plan your outflows of money in advance. It helps you keep a tight control over your cash reserves. Gives you peace of mind by monitoring your future cash movements.

Features of our Cash Flow Management System Runs under the popular spreadsheet program Excel. Lets you plan up to 9 weeks ahead. You can enter automatic monthly, bi-weekly or weekly payments. Helps you calculate your average collection of receivables.

Features First part includes all cash inflows This is the Main Screen of the program. It takes information from 3 other sheets Click here to advance The AR information comes from another sheet This type of inflows are entered in this sheet These entries give the total available cash for the week The second portion shows all expected outflows These come from another sheet Vendor payments also come from other sheet Previous balance plus inflows minus outflows yield total cash at the end of the week! (available for next week)

Features Click here to advance Every cash movement can be forecasted for future weeks Up to nine weeks in the future!

Features Click here to advance Once a week is complete, this button moves all figures up one week.

Features Click here to advance In this sheet you enter every monthly fixed expense. First you write the amount of the expense and the day it is usually paid The system then allocates the expense to the corresponding week.

Features Click here to advance In this sheet you can enter all weekly or bi-weekly fixed expenses

Features Click here to advance You can use these buttons to add additional lines as needed!

Features Click here to advance In this sheet you enter all vendor payments (usually merchandise or raw materials vendors) You can either program weekly amounts based on your AP aging and the days you usually take to pay. or you can enter each vendor invoice individually (as it appears in your AP aging).

These are your only entries By calculating your average collection of receivables based on actual sales and AR balancesFeatures Click here to advance In this sheet is where you program your cash inflows, here too, you have two methods available. You can automatically simulate your expected weekly cash inflows. or you can enter each customer invoice individually (as it appears in your AR aging).

As you can see, our Cash Flow Management System is: Very easy to use. Saves time by automatically forecasting recurring outflows and inflows of cash. It can let you plan ahead and know where your cash is going. It helps you monitor your cash resources. Thank you