Cash Budget (Detailed Problem)

Description
In this video, you will learn how to construct a month by month cash budget for a six month period.

This video shows how to use your business' estimated monthly sales on credit or cash and monthly wage and salary estimations

This video gives an example of how you can calculate your cash budget based on monthly sales on credit or cash and monthly wage and salary estimations. He shows how you must take into account the percentage of sales that are made on credit and the percentage of sales that are made in cash and track the percentage of the credit sales collected. Furthermore, he demonstrates how you must take into account your business' debentures and interest to be paid, any advance payments that your business may have as well as your desired minimum cash balance.

the video then demonstrates how you can build a table to note your total sales and credit sales collections in order to keep a track of your debtors and debt collection. He then shows how you can use this information to create another table for your monthly cash budget for a six month period.

This is a great tool for calculating your business' monthly cash budget based on a series of key features. This video explains cash budgets succinctly and clearly and is a great aid for any businessperson.