Excellent Clara! TY! I would love to hear how the rolling forecast is different than the cash flow forecast. I know you spoke about it at the end, but I still didn't understand really the difference.
Thr rolling forecast she shows is forecasting the income statement. The cash flow statement is a different financial statement that doesn’t necessarily shows your profit but rather focuses on cash balance and she mentions you can also do the cashflow forecast using the same information you have for the income statement forecast
Rolling Forecast also helps us achieve the budgeted Sales Target by improvising and introducing better sales policies (as achieving NP without increasing the number of sales is not a good idea for the businesses to carry on for the following years to come).
Hi Hannah, Im Marco and Im worrking in a company in Mexico that have financial relation with companies in USA and I need to involve in many things, I am accountant too
Oh yeah - it is Jirav - you can learn more here: www.claracfo.com/jirav - we are a partner of Jirav since we use it with all of our CFO clients! Happy to answer any questions you may have about it!
Excellent Clara! TY! I would love to hear how the rolling forecast is different than the cash flow forecast. I know you spoke about it at the end, but I still didn't understand really the difference.
Thr rolling forecast she shows is forecasting the income statement. The cash flow statement is a different financial statement that doesn’t necessarily shows your profit but rather focuses on cash balance and she mentions you can also do the cashflow forecast using the same information you have for the income statement forecast
Love this, thanks Clara, I have learned so much from you.
Thank you! That makes me so happy as that's what I am here for!
Rolling Forecast also helps us achieve the budgeted Sales Target by improvising and introducing better sales policies (as achieving NP without increasing the number of sales is not a good idea for the businesses to carry on for the following years to come).
Thanks for the valuable content, Can't find the excel template u r using
great video, i learned a lot
Hi Hannah, Im Marco and Im worrking in a company in Mexico that have financial relation with companies in USA and I need to involve in many things, I am accountant too
You mentioned Gira, I couldn’t find it it online, maybe the spelling isn’t correct from the transcript. Help?
Oh yeah - it is Jirav - you can learn more here: www.claracfo.com/jirav - we are a partner of Jirav since we use it with all of our CFO clients! Happy to answer any questions you may have about it!
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This made me more confused than ever. Show it in Excel to make it clear.
You mean like she does at the 5:11 mark?