Can you answer dasielady’s question about Factoring?:

I work in the accounting department at a large law firm. I have some ideas on how to estimate cash flow in the coming year, but would like more suggestions. One way I am already doing is an excel spreadsheet that will examine the aging on recievables from last year, and the amount uncollected. Then take those percentages of beginning A/R (ie: what % of Januarys recievables were collected in Jan, then Feb, then Mar, then written off) and apply them to projected billables for the coming year. Does anyone have any other good suggestions?

Non Recourse Factoring

Can you answer Alex A’s question about Factoring?:

If land or houses built and in inventory are impaired and “written down” to mkt value which reduces profit on the P&L as an expense or charge, why does this figure end up as an increase on the cash flow statement?

Its a non-cash event is it not? Example: if you write down the value of land and a house (you’re a builder) for $50,000 due to fallen prices, why does this $50,000 charge end up as an increase to the cash account and improve the cash flow statement?

Obviously, I’m not an accountant and this seems very counter intuitive. If what I described is correct, you do not have an additional $50,000 in your bank account to spend.

What am I missing?

Structured Settlement Funding

Can you answer John’s question about Factoring?:

How to find out that if a comany is managing its cash flow adequately?

Plus, how to support it with the informationm from the statement of cash flows?
Thanx in advance

Factoring Tips

Can you answer Jason A’s question about Factoring?:

I need a comprehensive list of cash flow note buyers and cash flow note holders. I would like to know if there is any mechanism that can enable me to do this free of charge. Government listings, company listings, or any website address that can lead me to the cash flow holders’ listings would be beneficial.

Making Money Online

Can you answer Jane99’s question about Factoring?:

I need to know the actual norms that regulate the use of CASH FLOW in US(FASB)!!

Well.. I found about US GAAP, FASB (with differnt numbers)
Please help! I’m confused!

Account Receivables Collection