Cash Flow Planning at the Enterprise

: pp. 21 - 28
Lviv Polytechnic National University, Ukraine
Lviv Polytechnic National University, Department of Foreign Trade and Customs

Ensuring the efficiency of production and economic activities of the enterprise requires a constant turnover of funds and effective cash flow planning. The most important component that ensures the continuous operation of the company is cash receipts and expenditures, which show the current financial condition of enterprise, are used to cover production costs, as well as ensure the solvency of the enterprise and the ability to avoid financial debts to banks, government and other business entities. Cash flow planning for domestic enterprises is particularly acute. This manifested itself in the crisis created by the Сovid-19 pandemic. The presence of a financial cushion saved a number of companies from bankruptcy, however, the consequences of an unfinished pandemic are ahead. Therefore, given the above, the relevance of cash flow planning and the formation of basic concepts on this topic is undeniable.

The task of the article is to identify the features of cash flow planning of the enterprise and build a clear sequence of this process.

The article analyzes the definition of “cash flow”, “cash flow planning” and provides a generalized definition of these concepts. The key types of cash flows that are present in the enterprise are given. The main external and internal factors that affect the cash flow of the enterprise are presented. The process of cash flow planning is carefully researched and the sequence of cash flow planning by types of production and economic activity is developed with clear detailing of each stage, where sources of income for enterprises from financial, investment and operational activities, expenses for the same activities and opportunities for optimization are sought. increase revenue and minimize costs. The article proposes the use of such cash flow planning tools as payment calendar, schedule, planned cash flow budget.

So, the formation and planning of cash flows in enterprises in today’s conditions is a necessary and important process. The success of the company’s operation in domestic and foreign markets depends on the rationality of planning and use of funds in enterprises.

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