MODELING OF THE PROCEDURES FOR PLANNING FINANCIAL FLOWS

Abstract

A model for planning financial flows in the supply chain has been defined that will allow the organization to increase its financial sustainability and create an effective mechanism for managing financial resources. The possibilities of planning financial flows considered in the article will allow the enterprise to increase its solvency and, as a result, competitiveness. In modern conditions, the main purpose of financial planning is to justify the production and financial capabilities of the enterprise for the current period and the future. The object of financial planning is the financial activity of the enterprise. The main objectives of the financial planning of the enterprise include: forecasting the sources and amounts of revenues in certain periods of time; substantiation of the optimal value and structure of the costs of production and circulation; determination of the efficiency of different spheres, types of economic and financial activity of profit maximization; identification of in-house reserves; adjustment of current plans under changing business conditions.