help
di 77
Registered Posts: 6 New contributor 🐸
can anybody explain cashflow forecasting to me please any information would be greatly appreciated thank you
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Comments
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What specifically do you need help on?
Basically, its so a business can monitor its cash-flow. Invoicing out lots of money makes the profit and loss look good, but thats no good in real terms until the cash hits the bank. Hence if you have debtors at 30, 60 or 90 days its important to keep tabs on when the money is going to come in, as you are going to have commitments with money going out as well.0
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