Monday 3 September 2012

Cashflow monitoring and variances

Hi Platinum,
I’ve been checking job vacancies lately. And I feel confused about 3 roles of assistant accountant or AP officer which is monitoring cash flow, cash flow variance analysis and supplier reconciliation. So my questions are:
 
1.       What’s procedure of cash flow monitoring
2.       General description about cash flow variance analysis and is it similar to P&L analysis  involving comparing P&L with budget
3.       What’s supplier reconciliation? And what support documents are needed?
 
Thank you,
Tina