What is cash flow forecasting? - Business Listing PH

Businesslistingph16 Oct, 2022Business

Cash flow forecasting refers to the process of predicting a company's cash inflows and outflows over a specific time period. It is typically used for budgeting. Forecasting assists managers in making better decisions about when to spend their money. The goal of cash flow forecasting is to estimate how much money will come in and go out over the course of a year. Based on this information, you can then set goals for your business, such as how much money you want to make or save.