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The number at the end of each month is referred to as the closing cash balance and this number becomes the opening cash balance for the next month. Once you've done your cash flow forecast, make sure you go back and check what you estimated against the actual cash flows for the period.Do this to highlight any differences between estimated and actual, it will help you see why your cash flow didn't meet your expectations.
Sources of cash ('cash inflows') vary from business to business.
Remember that cash flow is all about timing and the flow of cash, so when preparing your cash flow forecast, make sure you are as accurate as possible on the timing of the cash flows.
A cash flow statement can be one of the most important tools in managing your finances.
Beyond its normal running expenses, cash leaves a business ('cash outflows') in other ways.
Examples are: At the beginning you will have decided the period the forecast should cover.