![]() identify any fluctuations that may lead to potential cash shortages.see your likely cash position at any time.The best way to make sure you have enough cash available to meet your tax and other obligations is to do a cash flow budget or projection. Managing your cash flow allows you to plan for the future, for example, prepare for large expenses or expand your business. Paying regular attention to your record-keeping and reporting tasks will help you better manage your cash flow. Having enough cash at the right time will make it easier for your business to pay bills and other expenses and meet your tax, superannuation and employer obligations. Cash flow is the amount of money that goes in and out of your business that is, income and expenses.
0 Comments
Leave a Reply. |