A cash flow statement provides insights into how your cash flow has changed over time, while a cash flow projection (also known as a cash flow forecast) estimates your cash incomings and outgoings for future months.
A cash flow projection template or cash flow forecast template records estimations of your cash flow for the future, while a cash flow statement template shows how cash flow has increased or decreased over a defined period.
Both reports are useful for understanding your cash position and maintaining positive cash flow over time.
While Excel templates can be useful for a new business, they eventually become too time-consuming to use when you’re dealing with a lot more business activity. As your business grows, you might consider switching to accounting software to help you handle most of the work and give you back more time to focus on what’s important.
