Our expert bookkeepers here at Bench have built a Cash Flow Statement template in Excel that you can use to analyze your cash flow in a specific reporting period.
How a Cash Flow Statement can help you
A Cash Flow statement allows you to:
- See where your money came from
- See where your money is being spent
- Understand the “cash reality” of your business, rather than the abstract accounting
In addition to understanding your business in a whole new way, cash flow statements can also help you secure a loan (sometimes investors want to see them to make sure your business is actually making money).
How to use this Cash Flow Statement template
Cash Flow Statements are most useful for business owners who already have an Income Statement of their business. Once you open the template in Excel, you’ll see exactly where to plug your numbers into.
If you don’t have Income Statements prepared, that’s okay. You’ll still be able to use this Cash Flow Statement if you have up-to-date bookkeeping.