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cash on hand. Definition. 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.
Cash is a powerful, easy-to-use double-entry accounting app that tracks the money incomes and expenses. Cash gives a good finance overview, and in the end saves the money. Use a simplified professional accounting principles (similar to GnuCash, Microsoft Money, Quicken). Features: - Double-Entry Accounting (transaction system)