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All QuestionsHow to increased producer cash on hand
Profile photo of Kollipara sundaraiahKollipara sundaraiah asked 3 months ago

How to increased producer cash on hand

Sir,
 I am finalization accounting books data in proprietary concern. but cash on hand is very low. how to many ways increased producer cash on hand in proprietory concern. old debtors balance is nil.

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2 Answers
Profile photo of Deepa N. TannaCMA Deepa N. Tanna answered 3 months ago

Cash on Hand can be increase by ;
-Proprietor bring cash into business ( you have to check proprietor’s personal file also)
– Sales in Cash in B2B or B2C ( have to work on/ give effect in GST Return also accordingly)
– Reduce some of the cash payment if not that much important.

Profile photo of Kollipara sundaraiahKollipara sundaraiah answered 3 months ago

Cash on hand increased reason for some creditors written off and bank od repayment purpose