System Basics

Simply Cashflow is made up of 7 sections as follows:

  1. 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);
  2. 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);
  3. 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;
  4. '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?'             
  5. '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?'
  6. 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;
  7. 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 In/Out;
  • Total 'What if' Cash In/Out Forecast;
  • 'What if' Cash sensitivity/stress testing option.              

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