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Funding a business
How Do You Maintain Proper Cash Flow Statements?
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[QUOTE="Yusra3, post: 341995, member: 31907"] Balanced cash flow statements are the result of well-performed inventory bookkeeping and record keeping for reconciliations. Thoroughly note down all the cash income from sales, income from accounts receivable, and from loans and invested funds. Write outflows to show payroll expense, accounts payable (A/P), loan payments, and other expenses. Develop the monthly statements governed by operating, investing, and financing activities organizable into the groups. Compare actual to forecasted positions often, re-evaluate and update forecasts regularly, and take the necessary actions immediately when the firms miss their projections. Proper cash-flow-recording gives your business both financial- and liquidity-visibility (investigations into its financial- and liquidity-management). [/QUOTE]
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How Do You Maintain Proper Cash Flow Statements?
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