This is a nice kickstart for something that has been on my todo list for a while.
Cashflow forecasting is important for my family budget and my small business. My cashflow fluctuates quite a bit. Some months I'll bring in 90k, some months nothing. I have really high expenses for such a small business because I travel and pay contractors.
So far I've been doing this by hand, and trying to use features in Xero, plus a few expensive tools online that integrate with Xero (which do not deserve a free advertisement so I won't name them). I finally figured out if I want cash flow forecasting done right for me I'm going to have to do it myself.
Cashflow forecasting is important for my family budget and my small business. My cashflow fluctuates quite a bit. Some months I'll bring in 90k, some months nothing. I have really high expenses for such a small business because I travel and pay contractors.
So far I've been doing this by hand, and trying to use features in Xero, plus a few expensive tools online that integrate with Xero (which do not deserve a free advertisement so I won't name them). I finally figured out if I want cash flow forecasting done right for me I'm going to have to do it myself.