CASH FLOW

BUSINESS ACCOUNTING SERVICES - CASH FLOW FORECAST AND PROJECTING

ACCOUNTATAX INC. offers a winning combination to unlock the secret to a better banking relationship.

FINANCIAL FORECAST AND CASH FLOW PROJECTIONS

To build your banker's confidence, it is important to inform your banker about your company's cash needs in advance. If your cash flow forecast is at least two months ahead at all times it will result in a stronger relationship with your bank.

Cash flow consists of funds pumping through your business.

PREPARE AND PRESENT A FULL-YEAR BUDGET, MONTHLY UPDATES AND FORECASTS

A budget is not only for your banker but a management tool to help you foresee opportunities, potential problems and areas of focus.

To gain your bank's long-term confidence present your budget once it is
developed. Even though the best-laid plan don't always happen your banker
should have monthly updates.

NEGOTIATE WITH SUPPLIERS AND CUSTOMERS

To improve overall results everyone in the company should understand and follow budget and cash flow.

SHARE FINANCIAL INFORMATION

To build a long-term success in your business and a strong banking relationship, your banker should receive DSO (days sales outstanding) and DPO (days payable outstanding) on a monthly basis and a Full-Year budget with cash flow projections.

Contact ACCOUNTATAX INC. for more than a Free initial consultation with no obligation.