In corporate financial management, cash flow is the lifeline. If you blindly develop or prepare goods and ignore cash collection and reserves, once the cash flow breaks, the company will be unable to operate.
① Set up capital warning
Based on the daily or monthly cash flow bill data, combined with the capital budget table, you can clearly know whether a certain month or the whole year has positive or negative revenue, clarify the daily remaining funds of the company, and help the company to plan and manage.
Accounts receivable management: including funds returned to the company’s bank account, funds that have been withdrawn in transit, and funds that have not been withdrawn in the account.
Accounts payable management: including logistics cost payments, unpaid monthly or weekly payments from suppliers, and the payable amount of total wages for monthly labor costs.
The calculation formula for the remaining funds of an enterprise is: remaining funds = accounts receivable – accounts payable
② Measures to prevent financial risks
If it is found that there is a risk of shortage of funds at a certain stage in the future, measures need to be taken in advance, such as reducing the selling price, increasing the amount of collection; negotiating the account period with suppliers or logistics, stopping stocking, reducing risk investment; online loans, bank loans (Shangtong loans, etc.), etc.
③ Cash flow management template
Cash flow management can design a management template to record the actual situation of cash, so as to better monitor the cash flow of the store. The steps for making a cash flow management template are: download the balance of each account every day after sales, the cashier summarizes the balance of each cash and bank account every day; the accountant summarizes the monthly expenses of each business line (payable data mainly include procurement expenses, logistics expenses, office expenses, human expenses, tax expenses, etc., and the expenses are best listed by month): according to the sales situation, estimate the sales collection data in the next few days of the month; calculate the balance of funds on the day; fill in the cash flow statement based on the actual receipts and actual payments, and calculate the proportion of each expenditure.
The calculation formula for the day’s fund balance is: Day’s fund balance = receivable amount (Amazon backend balance minus future sales proceeds) minus current balance (balance in various cash and bank accounts) – day’s expenditure amount