Enroll in Online Banking
To log in to Online Banking, you will need the following information:
- Member Number, and
- MATT Access Code, which you will be required to change after you first log in. You will use this as your initial password.
If you don't have this information or are in need of assistance, contact us at 301-944-1800 or 800-95-MAFCU.
Improving Cash Flow
While an income statement can present a true picture of the operating results of your business, understanding what is happening with your cash flow is also critical and can help you with the day-to-day operation of your business. Managing your business without adequate cash flow to meet operating needs and to take advantage of marketplace opportunities can make life miserable.
Benefits of an Effective Cash Flow Statement
• You will better understand the day-to-day financial dynamics of your business.
• You will better understand the long-term financial dynamics of your business.
• You can anticipate upcoming needs.
• Preparing one will probably help you identify some ways to improve your cash flow.
• Your lender may require one.
• You can have some peace of mind.
Preparing a Cash Flow Statement
Most businesses prepare Cash Flow Statements at least annually and many prepare one each quarter. Here is a format that you may find helpful. You might want to start with one for the prior year to become familiar with the process and then start doing quarterly projections of your cash flow.
|
Line # |
|
Prior year |
Current year |
$$$ Increase/ Decrease |
%’age Increase/ Decrease |
Comments for lines |
|
|
Year ending |
|
|
|
|
Enter the year |
Sources and Uses of Cash |
|
|
|
|
|
|
1 |
Net Income |
$ |
$ |
$ |
% |
Enter your income |
|
|
Plus Non-Cash Expenses Included in Net Income |
|
|
|
|
|
|
2 |
Depreciation |
$ |
$ |
$ |
% |
Enter as a positive. (Depreciation is a non cash expense) |
|
3 |
Net change in accounts receivable |
$ |
$ |
$ |
% |
Increases for the year are entered as negatives and decreases are entered as positives |
|
4 |
Net change in accounts payable |
$ |
$ |
$ |
% |
Increases for the year are entered as positives and decreases are entered as negatives |
|
5 |
Net change in inventory |
$ |
$ |
$ |
% |
Increases are entered as negatives and decreases are entered as positives |
|
6 |
Net change in other accrued items |
$ |
$ |
$ |
% |
Increases in other accrued assets are entered as negatives and increases in other accrued liabilities are entered as positives |
|
7 |
Net Cash Provided by Operating Activities |
$ |
$ |
$ |
% |
Add Lines 1 through 6 |
|
|
|
|
|
|
|
|
|
|
Cash Flow From Investing Activities |
|
|
|
|
|
|
8 |
Purchase of capital assets |
$ |
$ |
$ |
% |
Enter as a negative |
|
9 |
Sales of capital assets |
$ |
$ |
$ |
% |
Enter as a positive |
|
10 |
Loans given by you |
$ |
$ |
$ |
% |
Enter as a negative |
|
11 |
Loans repaid to you |
$ |
$ |
$ |
% |
Enter as a positive |
|
12 |
Net Cash From Investment Activities |
$ |
$ |
$ |
% |
Add Lines 8 through 11 |
|
|
|
|
|
|
|
|
|
|
Cash Flows From Financing Activities |
|
|
|
|
|
|
13 |
Debt reduction |
$ |
$ |
$ |
% |
Enter as a negative |
|
14 |
Proceeds from borrowing |
$ |
$ |
$ |
% |
Enter as a positive |
|
15 |
Proceeds from sale of equity |
$ |
$ |
$ |
% |
Enter as a positive |
|
16 |
Dividends |
$ |
$ |
$ |
% |
Enter as a negative |
|
17 |
Net Cash from Financing Activities |
$ |
$ |
$ |
% |
Add Lines 14 through 17 |
|
|
|
|
|
|
|
|
|
18 |
Net Change in Cash |
$ |
$ |
$ |
% |
Add Lines 7, 12 and 17 |
