A cash flow statement ensures that the cooperative’s moneys are sufficient to the foreseeable payments: purchase invoices, corporate tax, value added tax, retention ja social security contributions, contributions to the pension scheme, and other operating costs.
The cash flow statement is done in Excel, entering the amounts received on bank account or in cash (sales invoices) and the memorandums of costs, taxes and other payments to be made. The statement can be calculated daily, weekly or monthly.