can you help me with the follow the text correction:
Presentation of the xyz company
The xyz company was founded as a management holding company and assumes the management and control function in the interests of her municipal shareholder. After its interception all shares from the municipal shareholder were transferred to the xyz company. The business activities of the several enterprises belong includes the following main sections:
• Electricity, Gas, Community Heating
• Drinking Water, Wastewater and
• Transportation
The operational core businesses and personal responsibilities of the enterprises are not limited. With the coordination and bundling of the service functions which do not belong to the operational core business, the efficiency is increased and synergy effects are achieved. Therewith, the enterprise-covering activities support the associated companies in their economic management. The conceptual work of the individuals responsible for the enterprises is performed on the basis of a guideline co-ordinated with the society from the municipal shareholder. Technical and mental cross-linking is a condition for the success of this task.
Apart strategical purposes an optimal financial accounting is one of the main-target of the company, because the ability to pay and the profitability are important facts for a successful enterprise. To reach this target the xyz company had introduces a cash-management-system in 1999.
Function of the cash-management-system
The purpose of the cash-management-system is the permanently guarantee of ability to pay by increasing the efficiency capital budgeting with advantage for all partners of the contract. The tasks of the system referred by the following requirements:
short-term cash-changing between the partners of the contract by introducing free cash in the pool and secure the short-term capital requirement
central short-term raising of cash when required and short-term investment when surplus of money
Short-term means a period of time until one year. Long-term capital investments are secure by oneself per each partner of contract.
Partner of the contract are the big three enterprises belong the holding xyz and the holding by itself. The responsibility of the system has the parent holding xyz. The completion, the accounting and the controlling are manage the B-ltd. by order from the xyz-holding. For this achievement exist an agreement between the both companies. The contract is insignificant for the study.
The partners of the contract are legitimate to make other cash-management-agreements with there own enterprises. The must observe some federal laws. The responsibility for the organisation and the liability
Definition
In the literature are numerous terms of cash management. This begins with word pictures as „The easiest way to make money is stop losing it! “ and goes further up to “Cash-Management today is defined as a group of techniques designed to maintain a company?s liquidity and, at the same time, maximize its return on cash assets. ”
Jetter places the aspect of guidance into the foreground and defines cash as ready money of the enterprise and the management as decision over planning, arrangement and control liquidity.
Spahni Klass takes place a content wise demarcation. Cash management is a short term of money arrangement belonging to the operational daily business in the context of the liquidity management.
Generally, it can be said that cash management is a subsection of the finance management with priority and set it with the liquidity management directly. An equilibrium is caused between security, flexibility and profitability for the reaching of the maximization of profit.
These different views of cash management make clear that so far no uniform definition was set up. In the basic frame of this housework the following definition is therefore met:
Cash management is decision making and execution of measures in the context of the liquidity arrangement and can used as supporting instrument of the liquidity management. It?s merged in system of objectives, field and elements of the liquidity management and enclosure above all the daily arrangement, the day-exact liquid planning as well as the adherence to given the credit limit. Cash management ranks thereby in a time horizon from one day to maximally 3 months. The goal?s of cash management is the optimization of the interest costs and - yields during simultaneous guarantee of the optimal liquidity protection.
The xyz company was founded as a management holding company, and has assumed the management and control of municipal holdings. After its inception, all municipally held shares were transferred to the xyz company. The business activities of the various enterprises lie primarily the following sectors:
• Electricity, Gas, Community Heating
• Drinking Water, Wastewater
• Transportation
The core operations and personal (‘pers?nlich’???) responsibilities of the enterprises are not limited. With the coordination and bundling of the service functions which are not part of the core operation, efficiency has increased and synergy effects have been achieved. In this way, activities which are strictly operational support the various associated companies in their economic management.
Hi Heike
I stopped after the first few sentences. I think I will be able to help you better with your text if I can also see the original German text. Do you have that, too?
Perhaps Torsten might be better able to help you out with your text.
.
can you help me with the follow the text correction, i haven?t this text in german, i read it immediatly in english. I need only a text correction in grammar and the words, not from contents.
Presentation of the xyz company
The xyz company was founded as a management holding company and assumes the management and control function in the interests of her municipal shareholder. After its interception all shares from the municipal shareholder were transferred to the xyz company. The business activities of the several enterprises belong includes the following main sections:
• Electricity, Gas, Community Heating
• Drinking Water, Wastewater and
• Transportation
The operational core businesses and personal responsibilities of the enterprises are not limited. With the coordination and bundling of the service functions which do not belong to the operational core business, the efficiency is increased and synergy effects are achieved. Therewith, the enterprise-covering activities support the associated companies in their economic management. The conceptual work of the individuals responsible for the enterprises is performed on the basis of a guideline co-ordinated with the society from the municipal shareholder. Technical and mental cross-linking is a condition for the success of this task.
Apart strategical purposes an optimal financial accounting is one of the main-target of the company, because the ability to pay and the profitability are important facts for a successful enterprise. To reach this target the xyz company had introduces a cash-management-system in 1999.
Function of the cash-management-system
The purpose of the cash-management-system is the permanently guarantee of ability to pay by increasing the efficiency capital budgeting with advantage for all partners of the contract. The tasks of the system referred by the following requirements:
short-term cash-changing between the partners of the contract by introducing free cash in the pool and secure the short-term capital requirement
central short-term raising of cash when required and short-term investment when surplus of money
Short-term means a period of time until one year. Long-term capital investments are secure by oneself per each partner of contract.
Partner of the contract are the big three enterprises belong the holding xyz and the holding by itself. The responsibility of the system has the parent holding xyz. The completion, the accounting and the controlling are manage the B-ltd. by order from the xyz-holding. For this achievement exist an agreement between the both companies. The contract is insignificant for the study.
The partners of the contract are legitimate to make other cash-management-agreements with there own enterprises. The must observe some federal laws. The responsibility for the organisation and the liability
Definition
In the literature are numerous terms of cash management. This begins with word pictures as „The easiest way to make money is stop losing it! “ and goes further up to “Cash-Management today is defined as a group of techniques designed to maintain a company?s liquidity and, at the same time, maximize its return on cash assets. ”
Jetter places the aspect of guidance into the foreground and defines cash as ready money of the enterprise and the management as decision over planning, arrangement and control liquidity.
Spahni Klass takes place a content wise demarcation. Cash management is a short term of money arrangement belonging to the operational daily business in the context of the liquidity management.
Generally, it can be said that cash management is a subsection of the finance management with priority and set it with the liquidity management directly. An equilibrium is caused between security, flexibility and profitability for the reaching of the maximization of profit.
These different views of cash management make clear that so far no uniform definition was set up. In the basic frame of this housework the following definition is therefore met:
Cash management is decision making and execution of measures in the context of the liquidity arrangement and can used as supporting instrument of the liquidity management. It?s merged in system of objectives, field and elements of the liquidity management and enclosure above all the daily arrangement, the day-exact liquid planning as well as the adherence to given the credit limit. Cash management ranks thereby in a time horizon from one day to maximally 3 months. The goal?s of cash management is the optimization of the interest costs and - yields during simultaneous guarantee of the optimal liquidity protection.