The Cash flow News Weekly!

Happy Monday everyone!  To help fight the Monday blues we have another Cashflow News Weekly for all our wonderful readers.  This week great news for small businesses! Scotland Bibby Financial Services – Invoice Finance company, with offices across the UK and internationally, reports increased lending by 40% for Scottish businesses over the last 12 months. BFS has lent over £25m to small Scottish companies. Why you might be asking yourselves?  Well, the company aims to offer small businesses improved cash flow and support within their ambitions to expand! But wait, there’s more great news! Bibby Financial Services have also … Continue reading

‘What if’ Scenarios – An Essential Part of Your Cash Flow Forecasting

‘What if’ scenario functionality is for financial occurrences that could-maybe-possibly happen and if they did this is what would happen to your cash flow.  What do I mean by that?…well, let me first say that your main cash flow forecasting should only be for cash in/out that you know should occur – like sales won/made, office rent, salaries and other known costs etc..   The ‘What if’ part is for scenarios like potential new sales or extra costs but not confirmed ones, like, “what if we open a new office, make a big investment or … Continue reading

Simply Cashflow – Getting Started

To get started carry out the following: 1.    When you first log in you’ll be asked for your latest bank/cash position.  This is required to give the forecast a starting point of what your cash position is now.  If you don’t have it close by you can close this pop up box, continue then add it in the next time you log in.  Alternatively, you can go to the Analysis section and add it here (End of Period Actual Cash Position – yellow row). 2.    Go to Set-up then Settings and select: The currency symbol … Continue reading