Cash flow forecast

iFigure Accounting Specialists > Cash flow forecast

Planning for the future

A cash flow forecast is in essence a report that projects your business’s income and outgoings for any given period in the future, eg week, month, quarter or financial year.

For each period, it lists:

  • your projected starting account balance
  • your predicted income
  • your estimating outgoings, eg bills, salaries, raw materials
  • your projected ending account balance
  • any money left over.

It’s typically presented in a report, but many contractors, sole traders and small businesses use accounting software and work with us to ensure greater accuracy.

A cash flow forecast is only as valuable as the information and detail put into it.

Budgeting offers a detailed financial outline of what a business thinks will happen over a period of time, often a year. A budget forecast will include details about the business’s revenues, expenses, cash flow and financial position and is a useful management tool. Being able to predict peaks and toughs can help you avoid financial difficulties, while having a clear budget is vital for expansion and growth.

How can iFigure help forecast your cash flow?

Why do I need it
If you are struggling in business, have working capital issues or need to secure funding for expansion we will work with you and your financial provider to prepare a cash flow forecast for you.

Cash flow targets
If you want to set a target for cash flow in the business we can produce a realistic report to allow you to reach your business goals. We work with you to monitor this on a ongoing basis.
Budget forecast management
We can create a Budget Forecast for you, combining the information from your balance sheet and profit and loss statement to show the movement of money in and out of your business. Whether you’re creating a new business, restructuring or moving premises, it’s important to know what your money’s doing so you can plan for your future.
Let iFigure take care of your cash flow forecast.
Cash flow is the life-blood of all businesses, making the cashflow forecast an important resource. iFigure has the expertise and tools to create a cash flow projection for your business.
Contact us today