Management accounts
Bringing your data to life, providing you with reports that help you make better business decisions.
What is financial forecasting?
Planning for the future
Forecasting is the process of looking at past and present data and industry trends to predict your company’s future financial performance. Allowing you to plan accordingly and see what areas of your companies finances need to be worked on to reach the desired outcome.
Why Finance Box for financial forecasting?
We have developed a 5 stage collaborative programme to build a multi-year financial record for businesses. This consist of:
Initial draft using available data
Collaboration with you to agree on our findings
Review of initial draft
Application of changes to working model
Delivery of forecasting
The power of forecasting
Once your forecast is complete, it is the perfect tool to match up to your management accounts for regular reporting to ensure you either remain on track of your goals or edit your forecast so you can plan where you’re heading.
Your report will enable you to compare your performance to your annual results and modify your future estimates as necessary to maintain a positive cash flow!
Don’t make business decisions in the dark
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More accounting services
Payroll services
We’ll make sure your employees are paid correctly and on time, whilst keeping up to date with HMRC deadlines and payroll legislation.
Cash Flow
You’ve probably heard the phrase “cash is king”. But why is cash king?
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