I am doing a forcast balance sheet , some else has done the P&L .
My question is this in practice where do people normally DUMP the difference on the balance sheet ? OR do they do not do this at all.
The other problem will be to get the cash flow to balance .
This is the first time I am doing this and would welcome some help .
Thank you team .
edward fraser
Replies (4)
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Forecasts
Buy win-forecast. It will pay for itself many times over.You are wasting your time using spreadsheets.
Sage Winforecast
You could buy Sage Winforecast for a few hundred pounds. This would produce the monthly cash flow, monthly P&L and monthly balance sheets for you, and also allow for what-if scenarios.
It does the balancing for you. Time saved as opposed to writing your own spreadsheet can be quite substantial, and it provides a list of all your assumptions for reference.
(No I don't work for Sage - I am happy to recommend it though).