Contract milking template
A monthly cashflow budget takes your annual cash budget and spreads your income and expenses across the year giving you a month-by-month basis picture of expected income and what you can anticipate spending.
A monthly cashflow budget helps you identify potential shortfalls in cash over the year that may impact on your ability to carry out normal or planned activities. It also informs how much overdraft (working capital) you may need to keep your business functioning over shortfall months. You can compare your actual expenditure with your monthly expenditure to monitor your cashflow position and take corrective action where necessary, reallocating money across expenditure items.