2011•Journal of Lanzhou Jiaotong UniversityRequires access

Improving Financial Management through Non-cash Settlement

Zeng Chao-jie

Abstract

As a kind of innovative approach of settling accounts,implementing non-cash settlement in financial affairs of universities is an important way to avoid risks in cash flow and rise efficiency of business routines,and it is of realistic significance for universities to enhance financial management.Taking Lanzhou Jiaotong University for instance,this essay includes the explanation of the specific operation of non-cash settlement,analysis of related advantages and requirements as well as illustration of the trend of future development.

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Key concepts: Settlement (finance), Cash flow, Cash flow forecasting, Cash management, Finance, Business, Cash, Financial management