We draw up a cash budget to determine future expected cash inflows (receipts) and cash outflows (payments); whether the business has money to pay for large expenses; and if the business needs to arrange for a loan or overdraft facility. | Accounting concepts

Title

We draw up a cash budget to determine future expected cash inflows (receipts) and cash outflows (payments); whether the business has money to pay for large expenses; and if the business needs to arrange for a loan or overdraft facility.

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We draw up a cash budget to determine future expected cash inflows (receipts) and cash outflows (payments); whether the business has money to pay for large expenses; and if the business needs to arrange for a loan or overdraft facility.

Subject: 

  • Accounting

Category: 

  • Accounting concepts