Financial Guide for SMEs - SME Corporation Malaysia

Financial Guide for SMEsFinancial Guide for SMEsMonthly Credit Sales CollectedCredit Sales MadeYear OneYear TwoNovember December January February March April May June July August September October November DecemberOctober RM 2,434Year OneNovember RM 2,580 RM1,460 RM 730 RM 243December RM 2,880 RM 1,548 RM 774 RM 258Year TwoJanuary RM 3,300 RM 1,728 RM 864 RM 288February RM 3,300 RM 1,980 RM 990 RM 330March RM 3,630 RM 1,980 RM 990 RM 330April RM 3,960 RM 2,178 RM 1,089 RM 363May RM 4,158 RM 2,376 RM 1,188 RM 396June RM 4,290 RM 2,495 RM 1,247 RM 416July RM 4,620 RM 2,574 RM 1,287 RM 429August RM 4,752 RM 2,772 RM 1,386 RM 462September RM 4,818 RM 2,851 RM 1,426 RM 475October RM 4,950 RM 2,891 RM 1,445 RM 482November RM 5,082 RM 2,970 RM 1,485December RM 4,620 RM 3,049Total Monthly CreditSales CollectedRM2,745 RM 3,102 RM 3,258 RM 3,498 RM 3,795 RM 4,046 RM 4,217 RM 4,475 RM 4,666 RM 4,778 RM 4,891 RM 5,016Now that he has his monthly cash collections from credit sales, he adds these figures to his monthly cash sales to calculatethe total cash collected for each month.January February March April May June July August September October November DecemberTotal CashSales 40%Not RequiredTotal MonthlyCashCollectedNot Required7474Chapter 6 p66-78 Eng.indd 748/15/11 5:02:25 PM