What is Cash in Hand ?

A cash-flow statement differs from an income statement in reflecting actual cash on hand rather than money owed (accounts receivable).

Its purpose is to throw light on management’s use of its available financial resources and to help in evaluating a company’s liquidity.

anything of material value or usefulness that is owned by a person or company

the funds held by a gambling house or the dealer in some gambling games; "he tried to break the bank at Monte Carlo"

a roll of currency notes (often taken as the resources of a person or business etc.); he shot his roll on a bob-tailed nag.

a supply of money; "they dipped into the taxpayers' pockets"

public funds used to pay for Medicaid

the funds of a government or institution or individual

the total stock of money in the economy; currency held by the public plus money in accounts in banks

funds held in escrow

funds that will be supplied in an amount matching the funds available from other sources

Funds that are immediately available to a business, and can be spent as needed, as opposed to assets that must be sold to generate cash. The amount of cash on hand determines what projects a company can undertake, or what financial hardships can be absorbed, without going into debt or arranging other financing.

“ You should always make sure that you have enough cash on hand to take advantage of a good deal if it comes.

Coins and currency on hand and in checking account balances. Because cash is a nonearning asset, firms usually attempt to keep their cash balances to the minimum level required to sustain operations.

Business Place, Inc. used cash on hand to make a purchase that required immediate payment, and planned to pay for a larger expense through bank financing. ”

Funds that are immediately available to a business, and can be spent as needed, as opposed to assets that must be sold to generate cash.

The amount of cash on hand determines what projects a company can undertake, or what financial hardships can be absorbed, without going into debt or arranging other financing.

“ Scott made sure that his company always had a certain level of cash on hand. This cash was used for investing and for purchasing additional equipment for his business. ”

Cash might be king, but some cash accounts reign over others. Depending on where your cash is stashed might make a difference in your business' success or failure. If a company has no cash on hand, it might be headed toward bankruptcy. However, if its petty cash is empty, it just means that someone probably needs to go to the bank or ATM.

Cash on hand is the total amount of any accessible cash. According to "Entrepreneur" magazine, it refers to any available cash regardless of whether it is in your pocket or your bank account. Investments that you can convert to cash in 90 days or less are typically included when calculating your cash on hand.

The amount of money in the form of cash that a company has after it has paid all its costs.

Petty cash is the money that you keep on hand to make small payments where you do not want to use a check or credit card. For example, if your employee spends $5.75 buying office pens, instead of writing the employee a check for his expenses, you can pay him from your petty cash. AccountingCoach states that the amount needed in your petty cash depends on your needs; it can be as little as $50, or as much as $200.

Written at the top of the assets side of a balance sheet to show the amount of money held by a company in the form of notes and coins.

Your available cash on hand can mean the difference between your company being at the top of your industry or fighting competitors for contracts. MySMP.com gives the example of Microsoft vs. Apple. For several years, Microsoft had more than $50 billion in cash on hand

an amount of cash a company has available after all its costs have been paid