Cash flow is an efficient way for investors to measure a company’s financial strength, although calculating and analyzing cash flow is far more complex than finding the difference between the cash inflow and outflow.
The Cash flow statement function in NetSuite enables businesses to measure the Net Cash at the end of the Accounting cycle based on the transactions that have occurred in that period.
This leads us to the benefit of Cash Flow Statement App developed by Team Tvarana. The Cash Flow Statement app offers users the ability to check their cash balances and cash forecast across individual or multiple bank accounts. Users will be able to forecast cash across subsidiaries and work around the transactions to check its impact on the cash forecast. This will enable companies to plan and be ready for any future opportunity.
The cash flow statement app also clears away non-cash transactions that may be on the income statement, like depreciation expense. This gives users a chance to review how and in what areas the company is generating cash. Equipped with this information, users will be able to make adjustments to the operations, or investing or financing activities.
It is User Interactive wherein you can review all transactions in a summarized format which helps users understand how the transactions affect their business. Also, when reviewing the cash flow statement, they should be able to see how the business’ cash increased or decreased in that particular period. This will assist Financial controllers assess the financial activities to be undertaken, and plan/negotiate with Vendors/Customers.
All in all, this App will simplify your Financial analysis, help you make better decisions and improve the bottom-line of your Business.