Herard Gilles Jr, Capital Corp Merchant Banking

Gilles Herard Jr, Gilles Herard, Herard Gilles Jr
Capital Corp Merchant Banking - The cash budget is fundamentally a detailed plan that shows all carried sources and uses of cash. The cash budget has the following 6 primary sections:

1. Beginning Cash Balance - bears the last period's closing cash equaliser.
2. Cash collections - includes all anticipated cash receipts (all sources of cash for the period believed, principally sales)
3. Cash disbursements - lists all planned cash outflows for the period, excluding interest payments on short-term loans, which appear in the financing section. All expenses that don't affect cash flow are excluded from this list (e.g. Derogation, amortisation, etc)
4. Cash excess or deficiency - a function of the cash needs and cash available. Cash needs are determined by the total cash disbursements plus the lower limit cash balance required by company policy. If total cash available is to a lesser degree cash needs, a inadequacy exists.
5. Financing - discloses the planned adoptions and repayments, including concern.
6. Ending Cash balance - simply discloses the planned ending cash balance.