Boost your financial visibility with our Cash Flow Projection Template on Google Sheets, for accurate income-expense tracking and intuitive cash flow forecasting.

1

Create a new Google Sheet for Cash Flow Projection

2

Identify your time period for cash flow projection

3

List all your sources of income

4

Enter income data for each source in a separate row

5

List out all your expenses

6

Enter expense data for each item in a separate row

7

Create a formula to calculate total income for the period

8

Create a formula to calculate total expenses for the period

9

Create a formula to subtract total expenses from total income to project net cash flow

10

Track, adjust and input any relevant changes to income or expenses

11

Review the completed entries for accuracy

12

Approval: Finance Manager

13

Create a graph or chart to visually represent cash flow projection

14

Check your projections against actual cash flow at the end of the period

15

Analyse variances between projected and actual cash flow

16

Identify trends and patterns in cash flow

17

Draft conclusions based on the observed patterns and trends

18

Approval: Senior Management

19

Make adjustments to future projections based on conclusions drawn

20

Archive completed Google Sheet for Future Reference

Create a new Google Sheet for Cash Flow Projection

Create a new Google Sheet to track and manage your cash flow projection. This sheet will serve as a central location for entering and analyzing your income and expenses.

Identify your time period for cash flow projection

Determine the time period for which you want to project your cash flow. This could be a month, a quarter, or any other relevant time frame.

List all your sources of income

Compile a comprehensive list of all the sources from which you receive income. This could include salary, freelance work, rental income, investments, etc.

Enter income data for each source in a separate row

Enter the income data for each source of income in a separate row in the Google Sheet. Include the source name, amount, and any relevant details.

List out all your expenses

Make a comprehensive list of all your expenses. Include both fixed and variable expenses such as rent, utilities, groceries, entertainment, etc.

Enter expense data for each item in a separate row

Enter the expense data for each item in a separate row in the Google Sheet. Include the expense name, amount, and any relevant details.

Create a formula to calculate total income for the period

In the Google Sheet, create a formula to calculate the total income for the chosen time period. This formula should sum up all the income amounts entered in the previous steps.

Create a formula to calculate total expenses for the period

In the Google Sheet, create a formula to calculate the total expenses for the chosen time period. This formula should sum up all the expense amounts entered in the previous steps.

Create a formula to subtract total expenses from total income to project net cash flow

In the Google Sheet, create a formula to subtract the total expenses from the total income to calculate the net cash flow for the chosen time period.

Track, adjust and input any relevant changes to income or expenses

Regularly track and update the income and expense data in the Google Sheet. Make adjustments and input any relevant changes as they occur during the chosen time period.

Review the completed entries for accuracy

Carefully review all the completed data entries in the Google Sheet to ensure accuracy. Double-check the income and expense amounts, formulas, and any changes made throughout the time period.

1

Yes

2

No

Approval: Finance Manager

Will be submitted for approval:

Review the completed entries for accuracy

Will be submitted

Create a graph or chart to visually represent cash flow projection

Create a graph or chart in the Google Sheet to visually represent the cash flow projection. This will provide a clear visualization of the income, expenses, and net cash flow trends over time.

1

Line Chart

2

Bar Chart

3

Pie Chart

Check your projections against actual cash flow at the end of the period

Compare and analyze your projected cash flow with the actual cash flow at the end of the chosen time period. Identify any variances and evaluate the accuracy of your projections.

Analyse variances between projected and actual cash flow

Analyze the variances between the projected cash flow and the actual cash flow. Identify any discrepancies and determine the reasons behind the differences.

Identify trends and patterns in cash flow

Identify any trends and patterns in the cash flow data. Look for recurring income and expense patterns, seasonal fluctuations, or any other significant trends that can help in future financial planning.

Draft conclusions based on the observed patterns and trends

Based on the observed patterns and trends in the cash flow data, draft conclusions and insights. These conclusions will provide valuable information for financial decision-making and future cash flow projections.

Approval: Senior Management

Will be submitted for approval:

Draft conclusions based on the observed patterns and trends

Will be submitted

Make adjustments to future projections based on conclusions drawn

Based on the conclusions and insights drawn from the cash flow analysis, make necessary adjustments to future cash flow projections. This will help in creating more accurate and reliable financial forecasts.

Archive completed Google Sheet for Future Reference

Archive the completed Google Sheet for future reference and record keeping. This will serve as a valuable financial record and can be used for comparisons and analysis in the future.