Wikipages

Having adequate cash reserves is essential to ensure the continuity of your business. However, cash flow problems can arise at any time and often have far-reaching consequences. It is therefore important to recognize and resolve these problems in a timely manner.

What are assets and liabilities? What are current assets? What are fixed assets? What are liabilities? We explain it on this wiki page. We also provide an example of assets and liabilities.

What is a debtor? What is a creditor? And what are the differences between debtors and creditors? How can I gain insight into my debtor management?

What sides does a balance sheet have? What is on the balance sheet? What does an example balance sheet look like? And how can I gain more insight into my finances?

A cash book is a part of accounting and provides for keeping track of cash income and expenditure. These are recorded consecutively in the cash book. If you are an entrepreneur, it is essential to have insight into the financial situation of the company. By keeping a cash book, you know exactly what the incoming and outgoing cash flows are, among other things. Not every company has transactions with an invoice, and for cash incoming and outgoing, it is important to keep a cash book.

A debtor manager is someone who performs activities related to debtor management. Essentially, a debtor manager is concerned with the payment of invoices by debtors and monitoring whether they comply with their payment obligations. Which activities does a debtor manager carry out? And what are competencies of a debtor manager? We will explain it on this wiki page.

When a customer disagrees with an invoice, we speak of a dispute. The customer will not pay you until the dispute is resolved. In addition to a disrupted customer relationship, this also leads to financial consequences for your company. It is therefore important to reach a solution quickly.

The capital of a company relates to the total value of assets. This includes assets such as machinery, stock, inventory, and cash. Within the category of a company's capital, various types of equity can be distinguished. These include equity and debt. Debt can further be categorised into short-term debt and long-term debt.

In every company, money comes in and flows out. Cash flow is the cash movement or money flow in this regard, and a perfect tool to monitor your company's financial position. Cash flow can be both positive and negative.

In companies with multiple subsidiaries, such as branches in different countries, obtaining real-time visibility into current liquid assets can be challenging. Cash pooling, as part of efficient cash flow management, provides an ideal solution for this. Cash pooling involves consolidating all liquid assets into a single account.