article thumbnail

Cash flow statement direct method

Accounting Tools

The direct method of presenting the statement of cash flows presents the specific cash flows associated with items that affect cash flow.

article thumbnail

Understanding the Order to Cash Process: A Simple Guide

Nanonets

The  OTC process  encompasses a series of steps, starting from when a customer makes a purchase to when the business receives and clears cash for that purchase. Additionally, an optimized OTC process promotes faster payment collection, improves cash flow, and drives  revenue growth.