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Babar Latif
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Cash Flow Projection for a Charity
Started Feb 26
Is Factoring good ?
Replied Feb 16
Is Factoring good ?
Replied Feb 15
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Has anyone got experience in producing a cash-flow projection for a charity?
What is the best way ???
Appreciate your professional advice !!!
I am almost certain sale of financial claims cannot attract 17.5% VAT. Pl check it out. What is the VAT rate if any on say sale of equity shares, debt papers, assignment of insurance etc.
Now let us assume sale of financial assets attracts VAT at s…
Hi Sacha,
Tax regime is UK & VAT RATE = 17.5%
If a Company has 100 Accounts receivable + 17.5 VAT i.e 117.5 in total.
Now if company sells it to the collectors with 10% discount for = 105.75
Q is: would the seller company would have to pay any VA…
I do not know your tax regime. In India there is no VAT on sale of financial assets (i.e. claims). Suppose at the time of billing I, the seller, had charged 100 VAT. This amount I am to deposit with treasury within 15 days of the next calendar month…
Hi Werner
Thanks for your comments!
So once the Accounts Receivable is Factored i.e. handed over to the Collectors: then what are the VAT implications; if any ?
Regards
Babar
It depends Babar. Sometimes, companies run into deep financial troubles and factoring is the only way out of the threatening situation.
Unless the financial situation leaving no other option, I would strongly recommend to not consider factoring as a…
Much appreciated David!
I just wanted to understand that: when someone ask you to do a Revenue Model: do you merely create a spreadsheet showing sales made by individual sales team & Gross Margins,
or
are you also expected to give strategic analy…
Hi Babar,
I would advise you to disaggregate the revenue for a company to clear and distinct business units. For instance for a electricity distribution company, please see if you can determine the sales made to domestic consumers, SMEs and large c…
If you work with the %s of COGS and expenses.
Thanks for your input.
I assume you have basic understanding of factoring..
As far as benefits to companies are concern are as follows:-
- Get liquid cash immediately
- cost of raising funds is higher than cost of factoring.. so cheapest source of funds
- Helps i buildin…
Thanks Tanya.
Profile Information
- Profession:
- Financial Accountant
- Current Role:
- Accounting Analyst
- Past Experience:
- Worked as a Sales & Marketing Reporting Accountant and Management Accountant.
- Education:
- BA Hons Accounting (UK), ACCA Finalist (UK)
- Professional Skills & Interests Summary:
- Financial Accounting, Financial Analysis, Management Reporting.
Excel (Pivot tables, H/V Lookups, Sumifs, Macros).
- Current Location:
- London
- Interested In:
- career opportunities, consulting offers, job enquires, getting back in touch
Comment Wall (1 comment)
- At 2:10pm on February 1, 2010,
Amit Puggal said…
- Thanks For adding me as connection...
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