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.
%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.
Subject:
- Accounting
Category:
- Accounting concepts