I think I have this figured out, but in 3.1 I'll be doing OK with a few million in cash, and then at the 1st of the month I go in the red. Is that when salaries, etc go out?
Keep losing money
Started by Zeldie, Nov 21 2011 07:16 PM
#1
Posted 21 November 2011 - 07:16 PM
#2
Posted 21 November 2011 - 07:23 PM
I think I have this figured out, but in 3.1 I'll be doing OK with a few million in cash, and then at the 1st of the month I go in the red. Is that when salaries, etc go out?
Monthly payments like gate leasing, aircraft maintenance, taxes, etc are paid at the end of the month (the 24th day). Payroll is paid on the 15th of the month.
#3
Posted 21 November 2011 - 07:30 PM
Yep that makes sense. Thanks.
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