Improve Cash Flow Reporting and Increase Efficiency!

Date: Wednesday, April 6th, 2011 rd, 2011
Time: 11:0011:00 AM Eastern Time/ 4:00 PM UK Time
Speakers: Praveen Daga, Practice Head - Oracle Financials, Zensar Technologies

The direct method for cash-flow accounting has been proposed by The Financial Accounting Standards Board (FASB) for all organizations. Today, most companies continue to use the indirect method that uses accounting information, instead of actual cash inflow and outflow data.
Traditionally, cash flow is classified into three categories - operating, investing and financing activities. From an Oracle Applications perspective, the break in terms of payment to a supplier is only visible and is not broken down further into payment heads as in the case of pre-payment. In addition to this, if the inflow and outflow - both go into the same account then it is impossible to break them into multiple headings for the purpose of representation in the cash flow.
Through this session learn how you can improve cash flow reporting and increase efficiencies using Oracle Applications.