Budgeting
Calculating Stock on Hand Using Inventory Turnover Days
Predicting the value of your stock on hand and the associated movements in its value is an important part of cashflow management for any inventory-based business. Especially in a seasonal business, it’s common to simply replicate the previous year movements and assume...
Budget Scenarios with Calxa – A Guide
Budget scenarios in the context of budgeting and forecasting are one alternative story of the future. It’s an attempt to answer the question: “What would happen if…”
How to Budget for a Business Loan
This article will give you useful tips on how to budget for a business loan when using Calxa. After all, borrowing money is something that is necessary and important for most businesses from time to time. A business loan can get you through a tough patch, it can fund...
Budgeting Apps for Not-for-Profits: How to Evaluate and Choose
Try using your favourite search engine to find a budgeting app for your Not-for-Profit and you’ll soon discover that the results are full of personal budgeting tools. YNAB may be great for managing your household finances but it’s not going to help you run a charity....
Reforecast Your Budget: An Important Business Process
Budget reforecasting is an important business process. Setting a budget at the beginning of the year is a great way to benchmark your business. It allows you to look back later and measure your performance against your expectations. Furthermore, it sets targets in...
Tips to Using the Calxa Budgeting Tool – A Guide
For some organisations, using a budgeting tool is an annual event. For others, managing their budgets is an ongoing process of revising rolling forecasts. Using Calxa as your financial budgeting tool, these tips will help you through a pain-free budgeting and...