Non-discretionary payment: Difference between revisions
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imported>Doug Williamson (Create the page.) |
imported>Doug Williamson (Change payment to 'item'.) |
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''Cash forecasting and management''. | ''Cash forecasting and management''. | ||
A non-discretionary payment is a forecast | A non-discretionary payment is a forecast item which cannot be avoided. | ||
For this reason, the focus on improving the organisation's net cash flow in the forecast period, by managing payments, must be on discretionary payments. | For this reason, the focus on improving the organisation's net cash flow in the forecast period, by managing payments, must be on discretionary payments. | ||
Revision as of 22:07, 5 April 2015
Cash forecasting and management.
A non-discretionary payment is a forecast item which cannot be avoided.
For this reason, the focus on improving the organisation's net cash flow in the forecast period, by managing payments, must be on discretionary payments.
