Using Figurewizard - How to Forecast Cash Collection

Calculating cash collection from accounts receivable.

How Cash Receipts from Clients are Calculated

The following example explains how the values of cash receipts from accounts receivable (i.e. goods supplied on open credit) are entered. Cash is calculated by our system from the percentages you entered as follows:

If on average you expect to receive 5% of the value of accounts receivable in the same month that your invoices / bills are issued, 5% should be entered for month 1.

If on average you expect to receive 50% of its value one month after your invoices / bills are issued, 50% should be entered for month 2.
And so on - As an example of how it this is entered, assume a year in which £100,000 had been billed / invoiced:
month ref. average % cash received i.e. Cash collected
month 1 5% £5,000
month 2 50% £50,000
month 3 30% £30,000
month 4 10% £10,000
month 5 5% £5,000
totals 100% £100,000

Charge Card Receipts

The cash collection table is used to calculate monthly receipts only in respect of clients who have been supplied on open credit.  Receipts arising from debit / credit card transactions are calculated separately from the information you enter on the form with no further intervention required from you.

The Truth about Monarch Airlines Labour's Spending over 10 years from 2000 Business Planning and Forecasting: What to Look For. Credit Checking - How to Read Micro or Short Form Accounts Amortisation of Arrangement Fees for Long Term Loans BHS Profits Performance 2010 - 2014 BHS profits, liquidity and cash flows 2009 - 2014 How to Calculate a Free Cash Flow Forecast Campari: How to apply for a bank business loan What are Current Liabilities What are Current Assets Late Payers and Cash Flow What is Operating Cash Flow What is Working Capital How to Read a Balance Sheet Business Planning Cash Flow Calculator Short Term Liquidity Business Liquidity Corporation Tax is not Calculated on Net Profit Small Business Corporation Tax Cash Flow Calculator Using Figurewizard - VAT Using Figurewizard - Sales by Month Using Figurewizard - HP or Instalment Plan Budgets Using Figurewizard - How the budgeted cash flow forecast is calculated Using Figurewizard - Fixed Asset Budgets Using Figurewizard - Calculate Purchase of Goods Using Figurewizard - Forecasting Payments to Suppliers Using Figurewizard - How to Forecast Cash Collection Solvency and the Balance Sheet Property in the Balance Sheet Why Equity is a Liability Asset Management and Liquidity Selling Fixed Assets Contracts: Invitation to Treat What is Deferred Income Loss on the Sale of Fixed Assets Calculating Gross Profit Margin Profit and Loss Statement What is Operating Profit What is Net Operating Revenue What is Equity Profit on the Sale of Fixed Assets How Taxable Profit is Calculated What are Operating Overheads Overheads - Provisions Depreciation What is Business Operating Activity What are Fixed Assets