Startup Cash Flow Projection Template
If you are a new startup business, this Startup Cash Flow Projection Template will be a useful business tool for you.
During the course of business and blogging I came across many newbie entrepreneurs needing a cash flow template.
So was borne Startup Cash Flow Projection Template. This straight forward template will forecast for up to 12 months.
The template will produce a cash flow, a profit and loss and a balance sheet.
The reports look professional. The template has been designed to be easy to use and to have reports out very quickly.
It has a few great features for preparing your first cash flow forecasts for your fledgling business.
1. Are you a startup business and in need of cashflow forecast reports fast?
Startup Cash Flow Projection Template is easy to use. You’ll have cash flow and profit forecasts reports in no time at all. This template software is designed using Microsoft Excel.
But don’t worry if you’re not too familiar with Excel, as the template is very easy to use. There’s no need to know or understand complex spreadsheet formulas, as this is already done for you.
It’s simple to enter your company information, which includes your business name, currency and the period start. Enter the data for the next 12 months and the reports are produced automatically. See below for example reports.
2. Would you like to avoid the need to prepare time-consuming spreadsheets? Working out all those complex entries and formulas needed to prepare your cash flow forecasts?
This headache is all taken care of by this easy to use Excel template. With Startup Cash Flow Projection Template all the double entry is done. You’ll have a balance sheet which is produced automatically for you.
As already noted, you don’t have to worry about working out complex formulas, as these have been done for you.
3. Are you worried about sorting out VAT or Sales Tax entries?
With Startup Cash Flow Projection Template the VAT or Sales Tax entries are calculated for you.
If your startup business is going to be registered for VAT or Sales Tax, Startup Cash Flow Projection Template is set for this too. You have the option of selecting from quarterly or monthly payments. You can also set which month the business will be registered from.
Once you’ve set the VAT/Sales Tax rate for each of your sales lines and costs lines, the template software will do the rest.
The reports are designed to exclude VAT/Sales Tax on the profit and loss, but to included them in the correct places on the cashflow and balance sheet reports also.
4. Worried about entries relating to capital expenditure?
With Startup Cash Flow Projection Template the entries relating to depreciation are calculated automatically.
With capital expenditure, there are a number of entries which need to be made in business cash flow projections. This includes depreciation. Once you’ve entered the cost of purchase for your equipment or other assets and set the depreciation rate, the template does the rest for you.
The correct numbers are included on the profit and loss account report, the cash flow and balance sheet reports too. This includes any VAT or Sales Tax entries, as appropriate.
5. Trying to figure out how to include loans within your cash flow forecasts?
If your startup business requires a bank loan – this is made easy for you with Startup Cash Flow Projection Template.
The template includes the option of entering a loan. This is quick and easy to use by entering the amount of the loan on the data entry in the month it is received. Then enter the loan term, interest rate and first payment month and you’re done.
The correct entries will be made for you on all the reports.
7. Do you need to prepared professional reports to accompany your business plan?
Startup Cash Flow Projection Template produces professional reports, including a profit and loss account, a cash flow report and a balance sheet.
Here are what the reports look like from Startup Cash Flow Projection Template:
The Startup Cash Flow Projection Template – Cash Flow Report
The Cashflow Report is for 12 months and all the entries are included on the report automatically. If your startup company has to account for VAT or Sale Tax, you need to include figures on the Cash Flow including VAT or Sales Tax. These complicated entries are done for you.
Additionally, where your customers are given time to pay or you receive credit from your suppliers, these entries need to be taken account of. This is done automatically by the template, once you’ve entered the details on the data sheet. You have the option to allow for cash, one month credit, two months credit and three months credit, for both sales and purchases.
To work out spreadsheets to include these entries on the profit and loss in the correct month along with in the correct month on the cash flow is made easy.
The Startup Cash Flow Projection Template – Profit and Loss Report
The Profit and Loss Report is for 12 months and all the entries are included on the report automatically. If your startup company has to account for VAT or Sale Tax, you need to include figures on the Profit and Loss excluding this tax. These complicated entries are done for you.
The Startup Cash Flow Projection Template – Balance Sheet Report
When preparing cash flow projections it’s important to include a balance sheet. This is so you know the numbers add up and are included in the correct places. Startup Cash Flow Projection Template includes a Balance Sheet Report which includes the numbers automatically for you.
The Startup Cash Flow Projection Template – Trading Report
The Trading Report is a more detailed analysis of your trading figures including adjustments for opening and closing stock. This report also provides detail of how trade debtors and trade creditors are made up.
One of the important aspects of starting a new business is planning. A part of this plan is to prepare cash flow and profit forecasts. The last thing you need is for this to be difficult or expensive. However, with the Startup Cash Flow Projection Template the whole process is made quick and easy for you. Plus at a very low price.