Hello,
I'm working on the financial projection portion of the business plan. In the
"Cash in Bank" section of the Balance Sheet it states that Cash in Bank "must
match Cash flow Cash position Year 3". Given that this is a 12-month balance
sheet, why would my Cash flow Cash position Year 3 have any impact on a
Balance Sheet who's end date is 12/31/2013? I'm certain I must be missing
something. Can someone offer some guidance here? Thank you.
JGabriel | Community Moderator |
2/4/2013 - 11:47 am
This is just one of the suggestions; the Balance Sheet isn’t actually set for one year. You can enter any amount of time in the Start Date and End Date fields on the Balance Sheet. This validation was recommended because the Balance Sheet usually displays information up to three years and is a standard validation for business plans. Hope this helps!
J. World Brown | Window Shopper |
2/4/2013 - 6:52 pm
Show Replied Text…
This is just one of the suggestions; the Balance Sheet isn’t actually set for one year. You can enter any amount of time in the Start Date and End Date fields on the Balance Sheet. This validation was recommended because the Balance Sheet usually displays information up to three years and is a standard validation for business plans. Hope this helps!
Yes, that helps tremendously. Thank you very much.
JGabriel | Community Moderator | 2/4/2013 - 11:47 am
J. World Brown | Window Shopper | 2/4/2013 - 6:52 pm
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