Posted by: Pramod
January 19, 2025

Category: Cash Flow Management
Managing cash flow is an ongoing problem for many contractors. Clients send remittances on an arbitrary basis, and, as a result, this does not often align with the need to pay a supplier, subcontractor, and employee. Effective bookkeeping for contractors provides a clear picture of cash inflows and outflows, which helps them forecast potential cash shortfalls and plan accordingly. Contractors use dashboards to forecast billing. Track accounts receivable and accounts payable. Negotiate payment terms and ultimately help ensure Read More
Posted by: Pramod
August 05, 2024

Category: Cash Flow Management
A cash flow statement (CFS) provides details about the amount of money a company was able to generate or lose over a specific time period. It provides valuable information about an organization’s liquidity, solvency condition, and state of financial health. However, its essence is cash flow, and understanding how to read a cash flow statement could help you, in turn, make better-informed financial decisions. This guideline will explain the basics of a cash flow statement Read More
Posted by: Pramod
July 30, 2024

Category: Cash Flow Management
You’ve delivered your services or product(s) right on time, and your client was exhilarated with it, but there’s a twist. The invoice you’ve sent is several days late, and this isn’t the first time that this has happened. You might not have considered hiring outsourced bookkeepers for accounting firms to get your clients to pay on time. Irrespective of the business you are in, you will experience late-paying clients. Almost 80% of businesses receive their Read More
Posted by: Pramod
September 28, 2017
Category: Cash Flow Management
You’re not alone on the seasonal Business & Low Cash-Flow roller-coaster! More importantly, if you’re running a seasonal business, you’re not alone on the cash-flow roller-coaster. The cash flow for a seasonal business is quite unlike the others and a very imperative aspect of sustenance. A seasonal business is very common if you’re in a region where travel and tourism are popular. If you are well acquainted with the holiday highs and bad weather lows, Read More
Posted by: Pramod
March 23, 2017
Category: Cash Flow Management
Adequate cash-flow is significant to running a healthy business and anybody running their own business will know it. It is a taboo that healthy cash flows in any business come from equity funding or income from other investments and not their original business operations. The OCF or Operating Cash Flow unfolds what revenue is generated by ongoing business operations like sale of goods or services. Importance Of Tracking Cash Flow There are quite a Read More