Cash Flow Management

This first program covers cash flow from the ground up, for people brand new to the subject.

What this course covers:

• The basics of cash flow: what it is and why it matters
• Cash flow statements
• Inflow and outflow
• The beginner fundamentals the rest of the topic builds on

Start here if cash flow is new to you.

A payable is money your company owes to someone. When you receive a bill from a company that has provided you with a service, that money owed is considered an account payable. Managing these accounts is an important part of cash flow management, and that is what this short program covers. We discuss prioritizing payables and go over some strategies for managing them.

Managing receivables is another important aspect of cash flow management. It refers to collecting the monies owed to the business and is essentially the opposite of payables. A receivable is an asset on the balance sheet that represents the amount of product sold on credit to a customer.

In this program, we cover issuing credit and setting up effective collection and billing systems.

Cash flow statements paint a picture of how money is flowing through a company, both in and out, from one period of time to another. They can be difficult to follow, but hold a wealth of valuable financial information. In this course, we'll go over how to interpret a cash flow statement. We'll discuss the four main sections that make it up, go over some key things to look for, and talk about the valuable analytics that come from this important statement.