The Keys to Control the Cash Flow of Your Company

1. DEFINE THE BUDGET OF THE COMPANY. The first will be to have a clear idea of the historical background of how the revenues and expenditures of the company, which must make a list of all payments and costs of 6 to 12 months.
2. DECIDE THE PAYMENT OF EACH ITEM. It is also important know when you receive or pay each sum in the usual transactions of the company, such as rentals, forms, among others, with the aim of wedge income with cash outflows.
3. AIM THE TRANSACTIONS MONTH BY MONTH. In a notebook, book accounting or spreadsheet Excel register transactions in the month in which expects to receive or pay the sum, without taking into account how it should be. Do not include any transaction that is not paid in cash or through the bank.
4. INCLUDE THE AMOUNT OF INITIAL BALANCE EXPECTED. It should also include the amount of initial balance expected in cash and the estimated balance in the bank to the top of each period, in a way that will enable us to display the total funds with which we.
5. ADD THE BALANCE EXPECTED AT THE BOTTOM. A common practice is to take the initial balance of cash and bank more money to enter during that month or period of court, that we have previously defined, and discharged money paid during that time. This then transformed into the initial balance of the period following official trade.

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