Cashflow Forecasting
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Cashflow Forecasting
Businesses don’t fail for lack of profit; they fail through lack of money. Often banks will require a cashflow forecast to support an application for borrowing. Some cloud accounting packages (particularly the newer cloud-based one) have cashflow forecasting capabilities either built-in or added-on but these tend to be short-term based on invoice raised and received and average times to pay or be paid, but a growing business needs something longer term (12+ months).
We will prepare cashflow forecasts bespoke to your business, based on realistic assumptions provided by agree with you. We will help you set sensible objectives to mitigate against ”pinch points” and ensure that there is sufficient headroom in your funding facilities not to cause you a cash crisis if things do not turn out quite as you anticipated.
Services
Cashflow Forecasting
Businesses don’t fail for lack of profit; they fail through lack of money. Often banks will require a cashflow forecast to support an application for borrowing. Some cloud accounting packages (particularly the newer cloud-based one) have cashflow forecasting capabilities either built-in or added-on but these tend to be short-term based on invoice raised and received and average times to pay or be paid, but a growing business needs something longer term (12+ months).
We will prepare cashflow forecasts bespoke to your business, based on realistic assumptions provided by agree with you. We will help you set sensible objectives to mitigate against ”pinch points” and ensure that there is sufficient headroom in your funding facilities not to cause you a cash crisis if things do not turn out quite as you anticipated.
Testimonials
Client Feedback
See how we've assisted our valued clients in their own words.
TopCashback
We have used Citrus Group since the early days of establishing our business (6 years) for Audit, Payroll Processing, Taxation and Business Advice and have always found their advice to be responsive and commercial. As well as being professional, the team at Citrus Group are very down to earth, friendly and approachable so you never shy away from picking up the phone to ask for some quick advice - but this doesn’t detract from their ability to grasp complex matters quickly, even under pressurised situations and to deliver sensible pragmatic advice.
Edmonds Accounting Services Ltd
Thank you for the assistance provided particularly in relation to the transition from UK GAAP to FRS102 and for enabling us to submit the accounts within the prescribed time frame. As discussed during our work, the rationale behind much of the transition adjustments was unclear and your assistance, which we are aware was often provided outside normal office hours, proved invaluable and was very much appreciated.
Cross Rhythm
Citrus Group have audited Cross Rhythms charitable accounts for the last 6 years. Their work is of a high standard. They are both professional and friendly in their approach. I’ve also found their fees to be very reasonable.
Hylands Ltd
Citrus Group have looked after all our accountancy needs in a very professional and dependable manner for the last 25 years. They are also a source of sound business advice and provide full payroll facilities which we have been pleased to use for many years. In conclusion we have no hesitation in recommending Citrus Group to any potential client.