Posts Tagged ‘Online accounting’

How to forecast your cashflow with Xero

Posted on: January 29th, 2014 by Judith Mallen No Comments
Judith Mallen, Business Services Assistant Manager, MHA Broomfield Alexander

Judith Mallen, Business Services Assistant Manager, MHA Broomfield Alexander

Cashflow is a common challenge for many businesses, there are occasions when you need to be able to see how much cash you’ll have this time next year, next month, next week or even tomorrow.

Using Xero, we have two preferred options of giving us the visibility we need of future cashflow:

The DIY option

Using the Cash Summary report within Xero you can create a simple cashflow forecast tool using a spreadsheet. There are simple instructions on how to do this including a quick video here.

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