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-   -   Is there an equation to finding the beginning cash balance? (https://www.askmehelpdesk.com/showthread.php?t=598701)

  • Sep 24, 2011, 05:10 PM
    Imhiding
    is there an equation to finding the beginning cash balance?
    I have the cash receipts, the cash payments and the ending cash balance, but I can't figure out the beginging cash balance.
  • Sep 26, 2011, 06:44 AM
    pready
    You need to work the problem backwards to get the beginning balance.

    Your basic formula is:

    Beginning Cash balance + Cash Receipts - Cash payments = Ending Cash balance.

    So:
    Beginning Cash Balance = Ending Cash Balance - Cash Receipts + Cash Payments.

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