Bookkeeping & Cash Flow Management

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Projecting Cash Flow

Cash flow problems often catch small business owners by surprise. An accurate cash flow projection can protect entrepreneurs against this situation. A cash flow projection charts the amounts of money your business expects to receive and pay out each month in a rolling six- or 12-month period. This f

Bookkeeping and Record Keeping Basics

Proper bookkeeping is important to sustaining and expanding a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and missing out on opportunities to expand. When you are devising or revising your bookkeeping routine, remember that the purpose of bookkeeping is to h

Cash Budget Template

Provided By Potential.com, Content Partner for SME Knowledge UAE   Benefits: The cash budget should be broken down into time periods that are short enough to capture major fluctuations in cash balances. While a quarterly or a monthly cash budget is most common, some organizations budg

General Journal Template

Provided By Potential.com, Content Partner for SME Knowledge UAE   Benefits:   The journal is a chronological (day-by-day) record of business transactions. At convenient intervals, the debit and credit amounts recorded in the journal are transferred (posted) to the accounts in th

Basic Balance Sheet Template

Provided By Potential.com, Content Partner for SME Knowledge UAE   Benefits:   The balance sheet describes the financial position of a company at a specific point in time. A balance sheet may be prepared monthly, quarterly, or annually depending on the needs of management and ext

Cash Flow Triage

It's Monday morning and you don't have enough cash on hand to make Friday's payroll. What options do you have? Cash flow crunches affect every company. Ideally, you can weather these crises by accessing a line of credit or revolving loan you've already set up with your bank, or tapping into cash res

10 Ways to Help Increase Your Cash Flow

As any small business owner knows, maintaining smooth cash flow requires juggling nearly every facet of a business, from staying on top of accounts receivable, to extending lines of credit, to managing inventory. The essence of successful cash flow management is regulating the money flowing in and o

Projecting Cash Flow

Cash flow problems often catch small business owners by surprise. An accurate cash flow projection can protect entrepreneurs against this situation. A cash flow projection charts the amounts of money your business expects to receive and pay out each month in a rolling six- or 12-month period. This f

Bookkeeping and Record Keeping Basics

Proper bookkeeping is important to sustaining and expanding a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and missing out on opportunities to expand. When you are devising or revising your bookkeeping routine, remember that the purpose of bookkeeping is to h

Four basic elements for effective financial management

Provided by Potential.com, Content Partner for SME Knowledge UAE   Basic elements for effective financial management. This video explains the four basic elements for effective financial management: Budgeting & forecasting, bookkeeping, optimizing cash flow, reporting.   

Optimizing your cash flow

Provided by Potential.com, Content Partner for SME Knowledge UAE     The most important part in a business is maintaining and increasing cash flow. This video explains the steps for optimizing cash flow by increasing the company cash flow through credit facilities.  

Who should be involved in managing your financials?

Provided by Potential.com, Content Partner for SME Knowledge UAE The responsibility of SME business owners in managing their financials in coordination with a qualified finance team.    

Alternatives for Capital Allocation

OBJECTIVE: The degree of your success through growth will depend on how good you are in making capital allocations from your retained earnings. This session will teach you how to financially analyze various acquisition opportunities....which to pursue and which to shun. What are retained earnings?

Accounting and Cash Flow

  OBJECTIVE: Before you start your business, you will need to learn how to keep score (basic accounting), and how to maintain cash in your bank account (cash flow control). This session explains both in simple terms, and the advantages of hiring an accountant before you start. Step One: G

Bookkeeping and Record Keeping Basics

Proper bookkeeping is important to sustaining and expanding a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and missing out on opportunities to expand. When you are devising or revising your bookkeeping routine, remember that the purpose of bookkeeping is to h

The Accountant: Your Trusted Financial Advisor

Provided By Potential.com, Content Partner for SME Knowledge UAE As a team member in a dynamic business environment, accountants take on a highly visible profile. Accountants have a simple and elegant tool for getting a fix on a company’s financial status; it is called the Accountin

Analyzing Financial Statements

Provided By Potential.com, Content Partner for SME Knowledge UAE Digging for the facts, sifting through information, checking reliable sources... it’s all part of the modus operandi of every good financial analyst. Financial analysis is an investigative process. The need to know the

Accounting Pitfalls SMEs Should Avoid

Provided By Potential.com, Content Partner for SME Knowledge UAE Do not think of accounting as separate of the business processes. This is usually the result of the lack of integration and one of the most common pitfalls for startups and SMEs.   Accounting is a task that should be done on a d

Can you handle it? Strategies to maximize your business capital

Provided By Abu Dhabi Commercial Bank (ADCB), Strategic Partner for the SME Knowledge UAE It’s a reality that the vast majority of SMEs won’t be in a position to afford an experienced Chief Financial Officer – which means that hard-won sums of money may not be used to le