Page 35 - Chartered ONE – Issue 26
P. 35

 Photo by Icons8 Team on Unsplash
programme.
With Daily Cashflow Users will be able to:
• Budget on a rolling, 90-day basis
• Fine-tune all receipts and payments on a day by day basis, and
• Base this on weekly, fortnightly, bi- monthly or monthly breaks
The DCF worksheet is first calculated by the powerful forecasting engine
in Forecast 5 using data entered on the records in the budget; thereafter the results are cascaded into the DCF Worksheet.
The resulting cashflows can be fine- tuned for timing anticipated by the User. Each change will update the projected daily closing bank position in the Daily Cashflow. Values can be moved from day to day or even removed allowing the User to manage the actual and expected bank position.
Adding additional values is easy; simply create the records in Forecast 5 (or amend existing records), recalc the DCF worksheet, setting the resulting cashflow timing as required as you go.
The User will have available alternative budgeting frequency bases, eg, weekly fortnightly, bi-monthly or monthly, enabling fine-tuning all the timing of all cashflows in the budget (Sales, Costs, Bank, Assets, Loans, Capital Records, etc.) over the next 90 days.
F
Forecast 5 has launched Daily Cashflow, an extension to its forecasting and budgeting
“This detailed and focussed attention on the immediate short term cashflow will enable companies to be well placed to understand their needs.”
This detailed and focussed attention on the immediate short term cashflow will enable companies to be well placed to understand their needs and financial position over what could be crucial for many coming out of lockdown over the next few months.
Forecast 5 will facilitate this focus, rolling forward on a month by month basis allowing continual attention to cash resources and needs over the current 90- day period.
Originally developed as the alternative to Winforecast after WFC was withdrawn from service in 2012, Forecast 5 – developed by Forecast 5 Limited in
New Zealand - has grown to host a very impressive suite of financial forecasting features.
If you’d like to take Forecast 5 and the new Daily Cashflow for a test drive, please download your trial from this webpage.
And, if you’d like to discuss your budgeting and forecasting requirements, please call Johnny Kipps on 07770 608 900 or email [email protected]
Forecast 5 is Developed by Forecast5.com
PROFESSIONAL SERVICES FINANCIAL
   The Power of
Daily Cashflow
  www.charteredone.co.uk
35









































































   33   34   35   36   37