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What techniques do you use to control the cash flow in project based business?

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Question added by Deleted user
Date Posted: 2013/12/10
Fahd Mohammed Suleman
by Fahd Mohammed Suleman , CFO , Tajeel Business Commercial Services

Plan, Budget, compare, and revise 

Zengwen xing
by Zengwen xing , Senior Consultant of Private Banking and Structure Finance Department , ICBC Dubai (DIFC) Branch

Monotor and control the project milestone, as well as the processes of receivable and payable.

Tariq Khawaja
by Tariq Khawaja , Finance Manager , Netizency FZ LLC

The techniques used for controlling cash flow in project based business is sticking to the budget, not deviating from it, making sure that inflows and outflows are as budgeted. 

Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

Stick to the project plan and seek management and customer approval for any deviations before approving them.

Moustafa Hassan
by Moustafa Hassan , Accountant , Doha Institute for Graduate Studies

Budget, Accounting Receivable policy and accounting receivale planned.

ABHIJEETH SANKARAN
by ABHIJEETH SANKARAN , Chief Accountant , MDS Computers LLC

ABC technique should be practiced and monitor the inflow and outflow of funds in the operations

 

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