Features of formation of payment calendar for enterprises

Abstract

Introduction. The development of a payment calendar for enterprises is relevant at the moment, because in the process of analysis detected that a lot of enterprises have financial gaps. If enterprises have an inefficient cash flow planning system, as evidenced by financial gaps in production and economic activities, then there will be neccessary to develop a sequence of cash flow planning, which is the payment calendar. Due to the payment calendar will be possible to identify the periods of their occurrence, to determine the factors that affect this process, which, accordingly, will allow more effective processes of controlling and regulating the movement of funds. The main purpose of the paper is to develop a model of forming a payment calendar. The theoretical and methodological basis of the paper is the study of the process of forming a payment calendar as a tool of financial planning and diagnostics. The following methods were used in writing the paper: logical generalization, dialectical analysis, grouping, etc. Results. The paper analyzes the issues of diagnosing cash flows, considers the essence of the concept of “payment calendar” as a tool for cash flow management. The need to diagnose cash flows in order to determine possible cash gaps is determined. For the correct application of the payment calendar, has been developed a step-by-step model of its formation, which contains the stages of formation and information support for the implementation of each of the stages. In explanations for the construction of the model contain recommendations for finding reserves as a result of identifying cash gaps and shortages of funds by reducing expenditures and increasing revenues from certain activities. The step-by-step model consists of six stages that contains determined of the period of formation of the payment calendar, planned revenues, other revenues and expenditures, balance and possible surpluses and deficits of cash flows. Conclusions. The introduction of a payment calendar will have a positive impact on the functioning of the enterprise, will keep funds under constant control, which will increase financial productivity. The payment calendar allows you to save time to identify the shortcomings of the diagnosis, reduce the cost of human resources to draw conclusions about the effectiveness of the system of diagnosing cash flows, respectively, the company is able to increase its financial stability.