Cashflow
CONFU6ED
Registered Posts: 4 New contributor 🐸
Can someone help me please.
I am trying to work out the opening balance on a Cashflow Forecast.
Do i add Share Capital, Grants and Overdraft and then deducted any fixed overheads etc?
I am trying to work out the opening balance on a Cashflow Forecast.
Do i add Share Capital, Grants and Overdraft and then deducted any fixed overheads etc?
0
Comments
-
Hello
Before you do your cash flow statement you need to do a cash flow reconcilation unless its already given. But the end figure from your reconcilation you will be your opening figure on your cash flow statement.
Hope this helps0 -
All it say is start of business share capital was £***, recevied grants £*** and overdraft facility of £***.
Start of business bought Fixures at £***.
Then it just give you the fixed overheads cost and sales and purchases figures.0 -
which question are you attempting?
where can I find it?0 -
cash flows
can any help me with some technics on cash flow statements. I was poorly the day the class covered this subject. Although i have the ground foundations i missed out on the little tips the tutor gives.. Thanks0 -
can any help me with some technics on cash flow statements. I was poorly the day the class covered this subject. Although i have the ground foundations i missed out on the little tips the tutor gives.. Thanks
Have a look at the information Visha has given me in an earlier thread with the heading 'cashflow statement - HELP'
I have found it very useful.
Some tips our tutor gave us were:-
O I F (pronounced - Oh Fe)
O - Operating Activities - which includes
Profit from operations before tax and Interest paid
Loss or Profit from Disposal of assets
Depreciation
Also included in this section is RIPIT - not in order but helps you to remember what goes next
I - Inventories
R - Trade Receivables
P - Trade Payables
I - Interest paid
T - Tax
I - Investing Activities
This section is the proceeds from Sale of assets and Purchase of Assets
F - Financing Activities
This section Share Capital, Share premium capital, Non current liabilities -
(check Vishas notes as i may have left something off)
Hope this helps0 -
can any help me with some technics on cash flow statements. I was poorly the day the class covered this subject. Although i have the ground foundations i missed out on the little tips the tutor gives.. Thanks
Have a look at the information Visha has given me in an earlier thread with the heading 'cashflow statement - HELP'
I have found it very useful.
Some tips our tutor gave us were:-
O I F (pronounced - Oh Fe)
O - Operating Activities - which includes
Profit from operations before tax and Interest paid
Loss or Profit from Disposal of assets
Depreciation
Also included in this section is RIPIT - not in order but helps you to remember what goes next
I - Inventories
R - Trade Receivables
P - Trade Payables
I - Interest paid
T - Tax
I - Investing Activities
This section is the proceeds from Sale of assets and Purchase of Assets
F - Financing Activities
This section Share Capital, Share premium capital, Non current liabilities -
(check Vishas notes as i may have left something off)
Hope this helps0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 325 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 202 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership