Simply Cashflow is made up of 7 sections as follows:
- Cash In - This section should contain all forecasted cash into
your business, e.g. customer/client payments. This should
only be for existing contracts/sales and not speculative scenarios
(use the 'What if' Cash In section for this);
- Cash Out - This section should contain all forecasted cash out
of your business, e.g. Salaries, office rent/heating &
lighting, materials, expenses etc.. Again, this should only
be for known/planned costs and not for speculative ones (use the
'What if' Cash Out section for this);
- Analysis - This section is used to give you a summary of all
your sections to give you a quick overview. It is also, most
importantly, the section where you update your current cash in bank
position (yellow row) - it is by updating this that will keep your
forecast up to date;
- 'What if' Cash In - This section is different from the Cash In
section as this is will allow you to forecast what your cash
position would be if a potential Cash In scenario were to occur,
e.g. 'What if we won a contract/made a new sale, what effect would
that have on our cash position?'
- 'What if' Cash Out - This section is different from the Cash
Out section as this is will allow you to forecast what your cash
position would be if a potential Cash Out scenario were to occur,
e.g. 'What if we won a contract/made a new sale and needed extra
people and/or new material or what if we opened up a new office -
what effect would that have on our cash?'
- Settings - This section will permit you to manage your
application, i.e. your Simply Cashflow settings, Company
Data, edit/add Users, Edit your Cash In/Out and 'What if'
Cash In/Out Entry headings, and Licence details;
- Reports- This section contains the following reports:
- Cashflow Forecast;
- Total Cash In/Out Forecast;
- Forecasting Accuracy (can be used if you update the actual
values for what actually occurred, permitting a comparison against
what you forecast to occur);
- Actual Cash Position;
- Cash Movement;
- Cash In Pie Chart;
- Cash Out Pie Chart.
Reports can be tailored in various formats such as Data Tables,
Line Graph, Vertical Bar Graph or Pie Chart for any date range of
your choice, in monthly, weekly or daily view.
Plus, available if you use the 'What if'
Cash In/Out sections:
- Overall Cashflow Forecast, including your 'What If' Cash
- Total 'What if' Cash In/Out Forecast;
- 'What if' Cash sensitivity/stress testing