Forecasting with a very sharp pencil

July 5, 2020 JAK

The Power of Daily Cashflow

Forecast 5 launches Daily Cashflow, an extension to its forecasting and budgeting programme.

With Daily Cashflow Users will be able to

  • Budget on a rolling, 90-day basis
  • Fine-tune all receipts and payments on a day by day basis, and
  • Base this on weekly, fortnightly, bi-monthly or monthly breaks

The DCF worksheet is first calculated by the powerful forecasting engine in Forecast 5 using data entered on the records in the budget; thereafter the results are cascaded into the DCF Worksheet.

The resulting cashflows – be they from Sales, Costs, Bank movements, Asset Purchases or Sales, Loans, or Capital Account transactions – can be fine-tuned for the exact timing anticipated by the User.

Each change will update the projected daily closing bank balance in the Daily Cashflow. Values can be moved from day to day or removed, allowing the User to manage the actual and expected bank position.

Adding additional values is easy; simply create the new record in Forecast 5 (or amend an existing record), recalculate the DCF worksheet, setting the required cashflow timing as as you go. And once satisfied with the resulting cashflow for the first three months, move forward, month by month, to fine-tune the cashflow on a rolling basis for the future months.

The User has available alternative budgeting frequencies eg, weekly, fortnightly, bi-monthly or monthly over a three month period.

This detailed and focussed attention on the immediate short term cashflow will enable companies to be well placed to understand needs and financial position over what could be crucial as they navigate the tricky post – lockdown period.

The feature is an extention of the existing product; there are no further costs to pay.

Why not download Forecast 5 and take the new Daily Cashflow for a test drive; the trial download link is here.

If you’d like to discuss your budgeting and forecasting requirements, please call Johnny Kipps on 07770 608 900 or email

Photo by Icons8 Team on Unsplash