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The IRS are fairly prompt with cashing checks. The IRS cashes checks for money owed to them within a week and most of the time it is within three days.

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How long does it take for the state of California to cash check for money owed to them?

In California, the time it takes for the state to cash a check for money owed to them can vary based on the type of payment and processing method. Generally, once the check is received, it may take several days for the state to process and cash it. However, if there are any issues with the check, such as insufficient funds or incorrect information, it could take longer. It's advisable to check directly with the relevant state department for specific timelines related to your situation.


Why does profit not equal cash flow?

Cash flow and profit are two different concepts. Profit includes non-cash items such as amounts owed by customers but not yet turned into cash (i.e., not yet paid by the customers). Profit is also net of debts currently owed by the company by not yet paid out in cash by the company (i.e. its accounts payable). Cash flow simply tracks the movement of cash (actual money) when received and paid out by a company, regardless of whether income was earned or expenses incurred.


How do you collect owed money from someone?

how do i collect money owed to me from someone in canada


How does the increase in accounts recievable effect cash flow?

This is pretty simple to answer as it doesn't need a lot of explanation or examples. An increase in accounts receivable would decrease a company's cash flow (incoming cash would be effected.) Accounts receivable are accounts of persons or other company's that owe you (or your company) money but has not yet been paid. Since this shows money owed to you by another there is no "cash" changing hands and that of course effects you (or your company's) cash flow.


How does accounts receivable decrease cash flow?

Accounts receivable is basically the debt owed to a company by their customers. Therefore, if a company has a high amount of accounts receivable, the company is unable to use that money, as opposed to if it were cash. If a customer buys something on credit, it is an "I Owe You" to the company. The company is not able to use the money until the customer pays. Once the customer pays, the company has an increase in cash.

Related Questions

How long does it take for the state of California to cash check for money owed to them?

In California, the time it takes for the state to cash a check for money owed to them can vary based on the type of payment and processing method. Generally, once the check is received, it may take several days for the state to process and cash it. However, if there are any issues with the check, such as insufficient funds or incorrect information, it could take longer. It's advisable to check directly with the relevant state department for specific timelines related to your situation.


Invalid check is it still money owed to you?

If the check is invalid, then the debt has not been settled. The money is still owed to you and you can collect it in another form.


If a health insurance company sends the patient a check for services that a provider submitted can the patient cash the check?

The best way to handle this is to take the check to your doctors office along with the explanation of benefits and endorse the check to your doctor. This is money that is rightfully owed to the physician for services received. If you cash the check and keep the money and do not pay your bill, you might end up going to collections or being taken to court.


debt?

a sum of money that is owed or due.


You have to see finance statement of tractor?

registration book of the tractor if money is owed on it then the bank probably have it also get your bank or insurance co to check out the registration of the tractor to see if money is owed for it


Where can you find a cash settlement?

A cash settlement can be obtained through an insurance company if you have a claim in which money is owed to you. A cash settlement is usually paid in one lump sum, as opposed to a structured settlement of paid installments.


Who to contact about money owed you from your pension money that was owed you?

The company that owes you the money.


What is a liquid debt?

Quite simply, it is money owed, typically a short term cash loan, that must be repaid in a very short period.


Can a child stop past due child support?

No. That money is owed to the child's custodial parent.No. That money is owed to the child's custodial parent.No. That money is owed to the child's custodial parent.No. That money is owed to the child's custodial parent.


Is there government owed to me?

Is there government money owed to me?


Is there still money owed on this vehicle?

Yes, there is still money owed on this vehicle.


Is a mortgage considered a liquid asset?

No, a mortgage is not considered a liquid asset. It is a liability, as it represents money owed to a lender for a property purchase. Liquid assets are typically cash or assets that can be easily converted into cash.