Cash management

Type :

Term papers

Pages :

3 pages

Format :

.doc

Published date :

10/05/2009

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Summary :

 
 

Table of Contents Cash management Table of Contents

 
  1. Introduction
  2. Cash management record-keeping system
  3. Importance of cash
  4. The financial future of an organization
  5. Importance of credit cards and lines
  6. Factoring
  7. Conclusion
  8. References

Abstract

Similar to the absence of water to anything living, the absence of cash to the business means death-slow, torturous, physically painful, and mentally agonizing" (Managing, 2003, p.1). A flourishing business rests on sound cash management techniques with solid cash flow. One cannot determine the profitability of a business or its financial condition without good cash management techniques. An entity's survival depends not only on healthy cash management but on positive long term cash flow. Whether on paper or a software computer program a basic cash management record-keeping system needs accounts receivable records, accounts payable records, a basic journal for transactions records, payroll records, inventory records, and petty cash records.

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About the author :

pencil image DG F. Freelance journalist
Level :General public Study : Journalism School/University : University of Kentucky, University of Phoenix

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