Budgets & cash forecast

Plan the year month by month, then see where cash will be over the next 13 weeks.

Budgets and the forecast are on the Growth plan and above.

Budgets

Budgets is an app: if it isn't in your menu, an owner or admin can install it from the App Center.

Find them under Reporting Budgets. Each entity has its own budget. The consolidated view adds them up and is read-only. The page has a tile for each part of the profit and loss: Revenue, Cost of sales, Operating expenses, Other income and Other expenses, plus Budget vs actual.

• Start from last year copies last year's actuals into this year's budget month by month, with a % change if you like. It's the quickest way to start.
• Open a tile to type one amount for the year for each account, then choose how it spreads: Evenly, Like last year (following last year's monthly pattern) or Month by month.
• Adjust by % raises or lowers income, costs or everything from a chosen month, from −99% to +500%.

The Budget vs actual tile shows net profit month by month, every account year to date, and the full monthly budget.

Cash-flow forecast

Cash-flow forecast is an app of its own: if it isn't in your menu, an owner or admin can install it from the App Center. It works with or without Budgets.

Find it under Reporting Cash-flow forecast. It projects your bank balance week by week for the next 13 weeks from what Entirova already knows:

• open invoices and when customers usually pay,
• approved and scheduled bills,
• recurring invoice templates and your usual run-rate,
• payroll, loan repayments, VAT and expense claims.

Scenarios

Start from the Base, Optimistic or Pessimistic preset, then move the sliders to test your own: sales growth, collection delay, new hires and change in supplier spend.