A few points about completing your annual budget

Having prepared your budget there are a couple of things you will need to do to finish it off properly. The first is always document all your assumptions used to prepare the figures no matter how trivial they are. This means showing items such as VAT rates, PAYE/NIC rates, debtor collection days, creditors payment days, […]

Creating your cash flow forecast from your budget balance sheet

So far in my blogs I have talked about preparing your budget profit and loss account and balance sheet and I have mentioned the cash flow forecast occasionally. This blog is all about preparing your cash flow forecast. As the budget balance sheet contains a lot of information the structure of the cash flow forecast […]