Three-way Forecasting

Forecasting your Cash flow alongside your balance sheets and profit and loss statements. An integrated 3-Way Forecast Model.

Three-way forecasting


When do I need a three-way forecast?

When you and your management want to be confident about your cash position.
When you want your business to be attractive to potential investors and lenders.
When you want to bring financial stability to your company, now and in the future.

What is a three-way forecast?

A three-way forecast, also known as the 3 financial statements is a financial model combining three key reports into one consolidated forecast. It links your Profit & Loss (income statement), balance sheet and cashflow projections together so you can forecast your future cash position and financial health.

Because your cashflow forecast is driven by the real-time data in your balance sheet and profit and loss statements, the report has accounting integrity. For this reason, a three-way forecast is also beneficial for banks and investors.

In addition to providing granular financial forecasts that explain the future prospects of your business model, three-way forecasts are accurate, robust and provide the best possible insights for your future financial position.

Why is three-way forecasting important for a business?

A three-way forecast is important for a business as it highlights future financial situations enabling you to ensure that the business can afford to pay suppliers and employees.

The Three Financial Statement Model

Profit and Loss (income) forecast.

One of the most important financial statement for the majority of users as it reveals the ability of a business to generate a profit. The information listed on the income statement represents a reasonable degree of accuracy. However, it does not reveal the number of assets and liabilities required to generate a profit, and its results do not necessarily equate to the cash flows generated by the business. Therefore, the income statement, when used by itself, can be somewhat incomplete.

Balance sheet

The balance sheet is of considerable importance when paired with the profit and loss statement since it reveals the amount of investment needed to support the sales and profits shown on the income statement. Calxa’s Balance Sheet forecast is the key to be able to clearly see where the company will be financially at any point in the future.

Cash Flow forecast

An important financial statement as it focuses on changes in cash inflows and outflows. This report presents a clearer view of a company’s cash flows than the income statement. Calxa’s fully integrated 3-way forecast includes the projected cashflow for 12 months or annually for up to 10 years ahead.

Truly Integrated 3 Statement Model with Calxa

Future proof your business

Set yourself up for success and get a true reflection of your financial health, now and in the future. With three way forecasting, you can confidently say yes to growth opportunities. It really is business planning made easy.

Clear Business Projections

With clear cash projections, you can make better business decisions. We help you become proactive with your cash flow and help identify issues and shortfalls before they become a problem.

Save time

With our software, we save you time, so you can get on with the important stuff. You can set up workflows to automatically sync with your financial data and send reports straight to your inbox.

Fast and easy reports

3-way forecasting is complex & time-consuming. Calxa makes it easy to grow your business spending less time forecasting & reporting. Our software provides the tools to take back control of your business.

Reports and insights in minutes

We save you time by building your reports with data captured in your accounting software.
Quickly sync your data source (MYOB, XERO or Quickbooks Online) to Calxa.

Product Features

Set your business up for success and make better business decisions with Calxa’s The Three Financial Statement Model software. Create fast forecasts and reports that matter to your business.


Build Your Budgets

Import your existing budget or make your own. Whether you want to do cost centre budgets or simply plan at company level, our powerful budget builder can do it.


Automate your cash flow reports

Use triggers to kick-start workflows that will automatically update your accounting data and deliver reports straight to your inbox.


Easily share and collaborate

Invite different stakeholders and advisors to share your workspace and collaborate with you. Use our Free Advisor feature to invite your accountant.


Visually spot cash shortages and surpluses

We make sense of your financial data by providing professional looking reports and graphs that help you quickly identify potential issues and opportunities.


Scenario and ‘what if’ modelling

Calxa helps you plan for future changes with ‘what if’ analysis. Easily create multiple scenario budgets and compare them side-by-side.


Multi Company Consolidations

Whether there are 2 entities in your group or 50, Calxa will help you produce a consolidated cash flow forecast and a full 3-way forecast.


Make business decisions intelligently with Calxa

Cash Flow Forecasting

Projecting your cash flow often is complex and time-consuming. Calxa makes it easy to devote more time to growing your business and less time preparing your forecasts and reports by integrating seamlessly with your cloud accounting software. Learn more about Cash flow forecasting with Calxa.

Scenario Modelling

Compare scenarios using different budgets as the bases to forecast your best and worst case scenarios. Easily analyse pricing models or simply look at different cost structures. Then, graphically display the models to forecast the cash position showing the available funds. Learn more about Scenario Modelling.


Build your budgets from scratch or import them from your spreadsheets. Use the budget builder to manage your budgets. Easily create new versions, set up re-forecasts, lock approved versions and automate next year’s budgets. Learn more about Budgeting with Calxa.


Track performance and make better business decisions by keeping control over goals and Key Performance Indicators (KPIs). Select default KPIs or use our powerful KPI Builder to create your own, based on any groups of accounts or non-financial metrics. Learn more about KPIs with Calxa.


Calxa Cash Flow Testimonial by MYOB CEO - Tim Reed

Tim Reed – CEO, MYOB

“Cash flow is vital for the success of any business It’s a business’ fuel gauge and from the MYOB Business Monitor we know that cash flow is one of the top three pain points for Aussie SMEs.”

Cash Flow Forecasting testimonial by calxa client

Stephen Burns - CFO, iFly Indoor Skydiving

“It pays for itself many times over. Let alone if you are doing a ‘What If’ analysis as far as future investments go.” 

How to run a 3-Statement Model Forecast in 3 easy steps

1. Connect your accounts

Integrate Calxa with your company’s cloud accounting systems. Calxa works with MYOB AccountRight and Essentials, Xero and QuickBooks Online. Follow the few simple steps to connect your data to our software. Once inside, you can schedule daily, weekly or monthly updates, depending on your needs.

2. Build your budgets

We automatically create your first budget, or you can bring in your own. Import your existing spreadsheet or accounting system budgets. If you’re starting from scratch, use the Budget Factory Wizard to create a quick first draft, then manage and fine-tune with our powerful Budget Builder.

3. Run your cash flow forecast

Our report templates make it easy to create business insights in minutes. Choose from one of our 120+ report templates, or run a chart for an accurate visualisation of your cash flow performance. Run your forecasts monthly, yearly, or even a decade into the future. The choice is yours.

Frequently Asked Questions

Get in touch if you have more questions

Why do I need a tool to project the 3 financial statements?

Creating a 3 statement model is often complex & time-consuming. Calxa makes it easy for you to devote more time to growing your business and less time forecasting and reporting by integrating seamlessly with your cloud accounting software. Our software sets you up for success and gives a true reflection of your financial health with clear, accurate cash projections.

Without our financial reporting software you would need to do each of the following steps:

Manually build a 3 statement model:

There are several steps required to build a three statement model, including:

  1. Input the historical financial information into Excel
  2. Determine the assumptions that will drive the forecast
  3. Forecast the income statement
  4. Forecast capital assets
  5. Forecast financing activity
  6. Forecast the balance sheet
  7. Complete the cash flow statement

With Calxa you can automate this process and have your reports delivered straight to your inbox.

How often should I run the 3-statement model?

The short answer is “frequently”. A rolling 3-way forecast should form a core part of your regular monthly or quarterly management reports. As well as reviewing the month gone by, you’ll be able to look forward with clarity over the coming 12 months.

When you’re doing a longer-term strategic plan, incorporate a 3-year or 5-year three-way projection in that. You need the strategic plan to prepare the budgets but the plan isn’t validated until you have reviewed the three-way forecast. Yes, there is some guesswork in the outlying years but you will fine-tune those assumptions as you get closer.

Finally, you’ll get external requests for a 3-way forecast, most often from your bank or sometimes if you’re applying for some sort of government funding. Some banks require updated forecasts as ongoing conditions of loans. It mitigates the bank’s risk so you need to be able to produce it quickly and painlessly.

What do I need to get started with Calxa?

Calxa works in the cloud. All you need to do is sign up for a free trial online. You will then be prompted to connect to your QuickBooks Online, Xero or MYOB data. Then you are ready to go!


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Our Customers Love the Forecast Reports

Our Calxa app has grown from 18 years of customer feedback.


Marion Brown - MYOB Consultant, MBS Training Services

Without these forecasts, the bank would have shut them down – a terrible result for such hardworking clients.


Mark Norley - Owner, Punthill Enterprises Pty Ltd

I tried a number of products and found Calxa the easiest to use. Love the online help material.


Barbara Sapwell - Bookkeeper, Progressive Business

Am absolutely loving the Calxa program. The reports look great and the budgeting is so easy.

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