Cashflow

CONFU6ED
CONFU6ED Registered Posts: 4 New contributor 🐸
in AAT Level 4 (Level 8 in Scotland)
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?

Comments

  • princess246
    princess246 Registered Posts: 49 Regular contributor ⭐
    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 helps
  • CONFU6ED
    CONFU6ED Registered Posts: 4 New contributor 🐸
    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.
  • visha
    visha Registered Posts: 218 Dedicated contributor 🦉
    which question are you attempting?

    where can I find it?
  • Lisac
    Lisac Registered Posts: 1 New contributor 🐸
    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.. Thanks
  • Jentel
    Jentel Registered Posts: 60 Regular contributor ⭐
    Lisac wrote: »
    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 helps
  • Jentel
    Jentel Registered Posts: 60 Regular contributor ⭐
    Lisac wrote: »
    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 helps

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