Manage Finances: Analysis of Cash Flow, Sales Budget, Profit Budget and Debtor Ageing Summary

Running head: MANAGE FINANCES
Manage finances
Name of the Student:
Name of the University:
Author Note

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MANAGE FINANCES
Table of Contents
Introduction:...............................................................................................................................2
Discussion:.................................................................................................................................2
Analysis of cash flow:................................................................................................................2
Examination of sales budget, cash flow budget, profit budget and debtor ageing summary:....2
Issues:.........................................................................................................................................2
Variances:...................................................................................................................................3
Performance:..............................................................................................................................5
Recommendations:.....................................................................................................................6
Evaluation:.................................................................................................................................6
Conclusion:................................................................................................................................7
References and Bibliography list:..............................................................................................8

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MANAGE FINANCES
Introduction:
The report is prepared for analyzing the financial performance of Houzit Pty limited
with the help of different budgets such as sales budget, profit budget, cash flow budget and
debtor ageing summary. In this report, all the budgets are analyzed by identifying the
associated issues and the causes that have led to the occurrence of such issues. In addition to
this, variances have been identified by establishing the comparison of actual results with the
established budget. The trend of average debtor days have been analyzed along with its
impact on the cash flow of Houzit Pty ltd have been analyzed and evaluated.
Discussion:
Analysis of cash flow:
Cash flow analysis of Houzit Pty Ltd has been evaluated by considering the factor
such as tax. In this regard, total amount of GST that collected and total amount of GST that
has been paid are taken into account. Cash flow is analyzed by dividing the flow into four
periods. The total amount of GST payable increased from $ 47652 in quarter 1 to $ 100456 in
quarter 2 and further to $ 114927 in quarter 3. The total amount of GST payable in quarter 4
stood at $ 143870. Therefore, it can be concluded that the total amount of GST payable
increased quarter on quarter.