It is always a good idea to put together a personal or business cash-flow budget, if you do not already have one, for the financial year. A cash-flow budget helps you to see what cash you will have available to meet expenses, by recording the cash you expect to receive and pay out over a chosen period of time.
Why Choose Rockfin Budget and Cash-flow Management?
Highly Skilled Advisors
Providing you with the best care and most up-to-date advice, at affordable rates, with proven solutions.
Developed to accompany your aspirations and objectives.
Proactive Risk Management
Rest easy when you trust in southern Africa’s best financial service provider and advisory.
How We Can Help
- Centralising payment procedures
- Developing close relationships with suppliers to negotiate mutually beneficial payment policies
- Reviewing your cash situation regularly and analysing significant discrepancies from your budget
- Developing an accurate cash flow forecast linked to your budget and strategic plan
- Having appropriate authorisation and risk management policies
- Managing cash holdings profitably
The management and analysis of a company’s cash flows. Careful cash-flow management allows a company to estimate the amount of cash that it will have on hand at any one time, project trends in cash inflow and cash outflow, and evaluate whether a shortfall or surplus in cash could potentially occur.
A company’s cash budget and its operating cash inflows of its cash flow statement are not the same, but they are closely related and are both needed to create a comprehensive budget. A cash budget measures the amount of available cash a company has at its disposal to pay its short-term operating costs.
Cash is also important because it later aids payment for things that make your business run: expenses like stock or raw materials, employees, rent and other operating expenses. Naturally, positive cash flow is preferred…conversely, there’s negative cash flow; more money being paid out than being coming in.