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As part of CCH Tagetik's planning capabilities, while users plan for their P&L monthly budget, CCH Tagetik will automatically translate it into projected balance sheet

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and right away show the impact on projected cash flow. Now, let's take a look. Whether it's on the expense or the revenue side, as for this example,

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however you arrive at your P&L level projections, leveraging driver based modeling or simply price times quantity calculation,

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just choose what portion of your revenues you want to focus on, whether it's all or a particular product, customer, or vendor how would you choose 

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to break out your revenues and with a single click I can access the CCH Tagetik's built-in cash flow planning engine, where my P&L line 

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for this particular product, is represented with the dotted line. Now, all I have to do is choose my billing and credit terms 

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from the drop-down menu, which could be by a monthly or  perhaps quarterly billing and for my days sales outstanding, I will choose not 40 but

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60 days. Now, as soon as I save these assumptions, I can have CCH Tagetik model out exactly when my account receivables 

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are going to be hit, helping me project my working capital and when, 60 days later, I'm actually going to get my cash in.

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Of course besides the graphical representation, I can also take a look at the tabular view, where I see the monthly values for my P&L line,

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my balance sheet impact, as well as my cash flow impact.

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Of course to make sure that perfect balance between my P&L, my projected balance sheet and projected cash flow, CCH Tagetik uses double-entry accounting logic

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and you can always view all that accounting entries that the system performs automatically as part of CCH Tagetik's built-in financial logic.