| Summary: | Cash planning is attempt to create good cash management. Good cash
management should have the right amount of money in the right place at the right
time to meet the obligations payment of the government that has efficient cost) and
controlled risks. These are necessary for government management because of limited
financial resources. Therefore the use of public finance could implemented efficiently
and provided value added. Cash planning is also cash management strategy which
implemented by the State Treasurer to ensure that the state always has sufficient, as
well as against the existing cash balance for optimal results.
Estimating daily withdrawals procedures are used to make improvements to the
authority of BUN, which is the Directorate General of Treasury. Office of the State
Treasury Services/Kantor Pelayanan Perbendaharaan Negara (KPPN) which is a
vertical unit Directorate General of Treasury, that planning cash from each unit of
cash planning ministries/institutions. The report is compiled to be spliced as budget
cash planning, then reported to the Directorate of State Treasury, Directorate General
of Treasury, Ministry of Finance.
The accuracy of the cash plan is strongly influenced by the precision of deposits
and payments of each ministry/institution. Predicting when and how expenditure or
revenue will cause problems inaccuracy of cash realizable cash plans, that affect the
calculation of the availability of funds. This results in excess or lack of funds. This
almost happen in every KPPN, whose job is to ensure the amount of funds required
for the finance activities of each institution/work unit ministry. During January until
October 2011 there is still an work unit of state ministry/institution that not reports
cash planning to the KPPN Magelang, in the other hand unit of ministries/institution
that have applied the cash plan still shows a low degree of accuracy.
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