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What does cash deficiency mean?

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Question ajoutée par Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies
Date de publication: 2017/02/09

Hello! Exchange rates play a crucial role in international money transfers as they directly affect the amount the recipient receives. Western Union prides itself on offering competitive exchange rates, allowing customers to maximize the value of their money. It is very convenient to transfer money using their mobile application, but if someone has difficulties with this, then you can not look for the western union number but get help from a support representative directly in the application.

Nikhil Nanda
par Nikhil Nanda , Commercial Finance Manager , Hain Celestial DMCC

Cash deficiency arises when firm/company fails to meets its cash disbursements with its cash receipts in a fiscal year.

manseer muhammed ali
par manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

An arrangement in which a party provides a firm with funds to cover any shortfalls arising from capital or cash flow restraints, allowing the company to service its debt. A deficiency agreement will usually have a cumulative limit specified by the lending party

Abdelrahman Ali Mohamed Abdelrehim
par Abdelrahman Ali Mohamed Abdelrehim , Accounting Manager, 7-2021-present , Petroleum Pipelines Co.

It is the amount with which cash disbursements is greater than cash collection

Sanjay Ojha
par Sanjay Ojha , Accounts Manager , I F S G Facilities Management Services LLC

The poor management skill of the finances. But it could happen as all of a sudden investment or surprising expenses.

It actually means you don't have enough funds for the operating costs.

Tamer Elbeshbishy
par Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

It means lack of cash due to lack  or defects in management itself. This could due to many reasons like;

1- Purchasing too much fixed assets  without studying

2- Bad collection policy

3- Too much general and operational expense..

 

there are many others in fact, that needs a good financial manager to manage .

 

Thank You for the invitation.

Soliman Abd  ALmalak Gendy
par Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Deficiency Agreement is an agreement in which a party provides a firm with funds to cover any shortfalls arising from capital or cash flow restraints'allowing the company to serve its debt _It is often used in construction

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