Overview

A guide for consultants, students and financial people using Microsoft Dynamics AX 2012 ERP or preparing to implement it, aiming to both presenting application's functionalities and best practices. Cash flow forecasting or cash flow management is a key aspect of financial management of a business, planning its future cash requirements to avoid a crisis of liquidity. Cash flow forecasting is important because if a business runs out of cash and is not able to obtain new finance, it will become insolvent. Cash flow is the life-blood of all businesses-particularly start-ups and small enterprises. As a result, it is essential that management forecasts (or predicts) what is going to happen to cash flow to make sure the business has enough to survive.

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9781500706524

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