#1
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Cash flow statement
BOTH ARE EQUALLY IMPORTANT TO THE BUSINESS.
ONE AFFECTS THE OTHER. IF THE CASH FLOW IS NEGATIVE, WHICH MEANS MORE BORROWED WORKING CAPITAL, WHOSE INTEREST PAYMENTS WILL AFFECT THE BOTTOMLINE [ PROFIT ]. IF THE PROFIT MARGIN IS NOT SUFFICIENT TO SUSTAIN THE BUSINESS OPERATION , IT MEANS THERE WILL BE LESS CASHFLOW, WHICH MEANS MORE BORROWED WORKING CAPITAL, WHOSE INTEREST PAYMENTS WILL AFFECT THE BOTTOMLINE [ PROFIT ]. CASHFLOW NEEDS CLOSE MONITORING,PERIODICALLY, say WEEKLY. PROFIT NEEDS MONITORING, say , MONTHLY. ========================================= CASH FLOW CASH FLOW is the summary statement shows -money receipts by the organization -money payments by the organization -IF THE total receipts is greater > the total payments , then cashflow is positive. -IF THE total receipts is less < the total payments, then cashflow is negative. |
#2
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Thanks for the explaining. Could you suggest a good cash related service then? I am looking for one that guarantees fast and secure money transfers. I saved the remitly customer service contacts and I would like to get more objective info about this service in general.
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