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What is a 13 Week Cash Flow Forecast?

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A 13 week cash flow forecast is a short term forecast used during liquidity shortfalls to plan a company’s cash flows and avoid financial distress such as missing payroll, defaulting on debt, and ending up in bankruptcy or receivership. When to use a 13 week cash flow forecast.

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Finance vs. Accounting

CFO Simplified

Cash flow forecasting. Accounting focuses on the day-to-day flow of money in and out of a business. . Accounting teams are responsible for: Invoicing. Receiving and posting cash. Recording and paying accounts payable invoices. Reconciling accounts. Growth planning .

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What is a 12 Month Rolling Forecast?

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As a result, many businesses become frustrated with forecasting in general and feel it is a waste of time. Budgeting and forecasting are best practices in small business financial modeling. The rolling 12-month forecast enables continuous planning by extending the time horizon beyond a calendar year.