Chapter 7. Functioning of Cash Flow Management
Cash flow management is a tool that predicts a company's future cash requirements. Cash flow management mainly covers the cash out and cash in events. Cash out is generated from the company's expenditure against the goods or services purchased, whereas cash in is generated from the company's revenue against the sale of goods or services. It gives the company's management a vision of the cash position in order to efficiently manage vendor payments in a specific period, and also the customer collections during the same period to protect the company's cash situation. In this chapter, we will cover the following topics:
- Understanding cash flow integration with other modules
- Exploring cash flow forecast configuration
- Working with cash flow transactions
- Forecasting cash flow by currency requirements
- Forecasting the main account's cash flow
