commented briefly on the question of netting same day cash flows. And, as promised, I expanded this topic in this month's newsletter.
I must confess that the analysis helped me gain greater appreciation for the proper treatment of cash flow timing. Our training classes include examples which dramatically show how mistakes in timing can lead to huge errors. This month's newsletter provides a similar, though different perspective on this topic.
A lot of times it's these small details that can lead to huge errors; and even when the errors aren't "huge," they can be still cause problems. In fact, it's probably the not-so-huge errors that are more problematic, because they're more likely not to be discovered.
Have thoughts, comments, insights, or stories to share? Please chime in!