Fast cash advance 4176

fast cash advances is the at and most crucial the same time least productive asset held by the organization. Its used to pay the firms obligations. Its difficult to predict income properly. No perfect relationship exists between cash outflows and cash inflows. Income constitutes the smallest part of the total current asset, yet managements lots of time is devoted in managing it. Money management cycle is a pattern of generation of cash flows from different sources and disbursement of cash to meet various expenses. According to this pattern, cash money generated through sales should be used to make payment for the purchase of goods etc and for the cost of various expenses. Borrowing is resorted to when theres deficit (excess of money payment over and above the cash collections). Likewise extra cash is committed to high yielding liquid assets. To improve the performance of fast cash money, payments and collections should be correctly administered. Frequently there is a time lag between the dispatch of products or provision of support and the sending of bills. By preparing and sending the bills promptly, a firm can ensure early remittance. It should be understood that it is in the section of billing that the companys management is large and theres a sizeable possibility to release money.