Cash Flow Management

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Cash Flow Management

Konnect offer’s Cash flow Accounting Services to diverse customer bases. We offer customized services that suit the exact needs of each client. Our comprehensive cash flow management solutions includes:
  • Predicting cash flows
  • Managing cash flow on a daily basis
  • Managing financial risks
  • Maintaining an electronic fund transfer system
  • Reviewing and analyzing expenditures on banking services
  • Negotiating contracts for financial and banking services
  • Managing fraud control programs

Process

We first work on understanding your projected sales, expenditures, and existing commitments. Then, we analyze different components such as your accounts receivable, accounts payable, credit terms, credit policy, and inventory to identify problematic areas. Based on this exhaustive exercise at Konnect, we prepare a cash flow statement that can help you determine:

  • Time periods during which you will need external funding
  • Time periods during which you will have excessive funds that could be used for business expansion or investments

Based on this exercise, we can provide you with:

a. Cash flow planning: This involves forecasting all cash inflows for your business and analyzing the timing of these expected payments in detail. Our team prepares exhaustive monthly cash flow projections, which help you in business planning, budgeting, and fund raising.

b. Cash flow budgeting: This helps you predict cash inflows and outflows over a period of time. This exercise will help you take steps to ensure that any gaps between inflows and outflows are narrowed.

Cash Flow Management Services

Effective cash flow management is critical for the success of any business. It requires professional expertise and extensive experience. Some businesses might not have these capabilities in-house. In others, the company may want to concentrate on strengthening other key areas of work. Outsourcing your requirements for financial management services to a specialized vendor is a viable alternative in these situations.

Financial Statement Services

It’s also a thought, that most companies struggle at the time of audit and tax preparation due to a lack of clarity and accuracy in their financial reports. With our in-depth knowledge and expertise in the field of Financial Accounting, Konnect’s experts can help you in preparing financial reports and statements, by providing an accurate reflection of your financial status on a real-time basis.

These Qualified, Chartered Accounts and Financial Accountants can provide you with services such as:

Preparing financial statements Preparing balance sheets Preparing income statements Financial report analysis

Preparing financial statements and reports require meticulous checking and shrewd accounting knowledge, in keeping with the same; Konnect has devised processes in preparing the most accurate statements and reports

  • Trial balance journal entries and adjustment entries
  • General ledger preparation
  • Balance sheet preparation
  • cash flow statements
  • Fund flow statements
  • Bank reconciliation statements
  • Statement of retained earnings Income statement

Preparing financial statements & maintenance: Day to day maintenance of records which help you draw financial statements at any point in time

Accurate and error free statement preparation for smooth and hassle free corporate audits.

Compliance with country specific statutory regulations and relevant accounting/auditing standards.

Usage of latest bookkeeping and accounting software such as Quickbooks, Netsuite, Peachtree, MAS 90, MAS 200, MAS 500, Quicken, MYOB, SAGE, Intuit Pro.

Generation of financial reports coupled with expert analysis of financial statements.

Our Valuable Clients