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in this video were going to put together a cash receipt schedule for the months from march through august and this schedule is important because it will eventually fold into our cash budget schedule so were just trying to figure out how much money were actually taking in from our sales now the problem is when you offer credit to your customers that means youre giving them the option to pay later so when you make a sale you cant just assume that youre going to receive the cash in the same month so thats why were doing this lets read through this problem it says simpson glove company has made the following sales projections for the next six months all sales are credit sales so all of them are on credit so i have them from march to august and the first line on my sales receipt template is sales so lets go ahead and put them in so march is 41 000 april is 50. may is 32 000. june is 47 000. july is 58 000 and august is 62 000. so even though im just looking from the period march