by Mick Devine | Last updated Oct 29, 2021 | 3 Way Forecast, Cash Flow Forecasting, Educational
Accountants are deemed to be one of the most trusted professions. So it’s not surprising that they are a key figure when it comes to business advice. Preparing a forecast for clients is fundamental to enable the advisor’s adding value. There are different ways to...
by Mick Devine | Last updated Apr 12, 2023 | 3 Way Forecast, Advisory
Automating the 3-Way Forecast, also referred to as 3 Statement Model, has always been a strong point of Calxa. It’s an easy way to prepare a 3-Way Forecast. This key set of reports is the foundation for most financial analysis of a business including scenario...
by Mick Devine | Last updated Jun 13, 2022 | 3 Way Forecast, Budgeting, Educational
A cashflow forecast isn’t complete without considering what’s happening in your Balance Sheet accounts. It’s fairly straightforward to master the skills needed to put together a Profit & Loss budget, but movements in assets and liabilities are less familiar to many people. In this article, we’ll explain the principles involved in using balance sheet budgets, rather than all the technical details.
by Calxa Team | Last updated May 12, 2020 | 3 Way Forecast, Cash Flow Forecasting, Product Information
Accurate cash flow forecasts rely on getting inflows and outflows right. Timing is at the heart of all cash flow forecasts. How do you predict when money will be received and payments will be made? So here is how Calxa calculates the timing of debtor and creditor...