Cash flow made easy

Planning Cash Flow

The biggest concern for businesses is failing to plan how much cash they will need throughout the year. To plan for future cash needs, you must forecast future receipts and payments such as:

  • Receipts from customers
  • Payments from suppliers
  • Recurring expenses
  • One-off payments and receipts

It’s recommended that you forecast monthly cash needs on a regular basis. Compare the forecasts with actual results and make adjustments if necessary.

In addition to planning, you also need to learn how to effectively manage your cash flow.