Managing business cash flow
The ATO has issued a reminder to businesses It asserts that paying regular attention to record-keeping and reporting tasks will help firms better manage their cash flow and allow them to plan for the future. The best way to make sure a business has enough cash available to meet its tax and other obligations is […]
Effective cash flow forecasting
Actuals vs forecast and comparing ‘what if’ scenarios A forecast helping you understand where your business is heading so you can move toward your objectives with success. But if you don’t compare your progress against your original plan you could end up way off course with a potentially bad outcome. Using comparisons within your cash […]
Loan Amortisation important in Forecasting
Omnis Group offers loan amortisation in forecasting Now it’s easy to try different loan configurations to see the impact this will have on your forecast. Recording loans in your forecast is essential for preparing accurate and meaningful cash forecasts, however, it can be a time-consuming exercise and prone to error. Using loan amortisation we simply […]
Cash is king, cloud-style
We all know that cash is the lifeblood of a business Every year in most major economies, tens of thousands of businesses fail or are in acute distress. Even good businesses sailing too close to the wind can fail, often unexpectedly and with alarming speed. Without cash and liquidity, eventually a good business will be […]
