What does running water mean?

Enterprise running water refers to the transaction records of income and expenditure of enterprises or institutions in their bank accounts. These transactions cover all kinds of financial activities in the business activities of enterprises, such as income, expenditure, transfer, loan, repayment and so on. The public flow records the cash inflow and outflow of the enterprise, which can reflect the financial situation and operation of the enterprise.

Public water plays an important role in enterprise financing, loan application, audit and tax declaration. In terms of financing and loans, banks or other institutions evaluate the financial status and solvency of enterprises by analyzing the public flow records of enterprises, so as to decide whether to approve loans or financing; In auditing and tax filing, public water records can accurately calculate financial data and pay taxes for enterprises.

Usually, the enterprise flow can be obtained through bank balance sheets, bank statements, transaction lists and other channels. Enterprises can inquire about the detailed list of transactions and bank statements for a period of time (usually one year) from the bank through on-site, online or telephone, and then organize them into enterprise running water. It should be noted that in order to ensure the authenticity of public water, enterprises should choose formal banking institutions to conduct transactions.