ERIC Number: ED080035
Record Type: RIE
Publication Date: 1973-Apr
Reference Count: 0
Techniques for Improving Cash Management.
Lykins, Ronald G.
Studies in Management, v2 n7 p1-4 Apr 1973
This article deals with several techniques for regulating cash inflow and outflow and investing surplus cash for short periods of time. The techniques are: (1) consolidating checking accounts, (2) determining surplus cash by examining bank balances in conjunction with the cash book, (3) selecting a minimum bank balance, (4) investing a greater percentage of surplus cash in short-term investment offering a higher yield than treasury bills, and (5) receiving a telephone report of the checking account balance at the beginning of each business day. These techniques, whether partially or completely adopted, should be of value to any institution wishing to improve its cash management. (Author)
Descriptors: Budgeting, Educational Finance, Higher Education, Management Systems, Program Administration, Program Budgeting
NACUBO, One Dupont Circle, Washington, D.C.
Publication Type: N/A
Education Level: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.