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Cash flow forecasting

  • US 20020174006A1
  • Filed: 05/17/2001
  • Published: 11/21/2002
  • Est. Priority Date: 05/17/2001
  • Status: Active Grant
First Claim
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1. A method for estimating a budget item based upon at least one prior transaction, for use in predicting a cash flow forecast, comprising the steps of:

  • (a) summing all prior transactions occurring over a specified range of time to produce a sum;

    (b) determining a total number of prior transactions occurring during said specified range of time;

    (c) determining a date span between a first transaction and a last transaction within the specified range of time;

    (d) determining a budget item frequency as a function of the total number of prior transactions, and the date span;

    (e) determining an average amount for the prior transactions occurring over the date span;

    (f) determining a budget item amount by scaling the average amount for the prior transactions occurring over the date span, by the budget item frequency; and

    (g) using the budget item amount and the budget item frequency for predicting a cash flow forecast.

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