Cash Flow Scenarios
The 4-Account System for Managing Cash Flow
Want to simplify your cash flow reporting process for easy visualization? Business owner Dr. Steven Ghim suggests keeping these accounts to streamline your operations:
- Payables account
- Rainy day account
- Profit savings account
- Income account
Learn why here.
Expert Cash Flow Advice for Fintech Startups
In this interview with the founder of the spend management platform Airbase, Thejo Kote offers advice on cash flow for startups and entrepenuers.
Watch to get his tips on
- How to build a strong financial foundation as a startup
- Reassessing cash flow processes as you grow
- Making the most of cash flow projections
📌 This new series, The Cash Flow Show, will feature financial chats with real people. Kelsey Banerjee is hosting. Know someone she should interview? Let us know.
Related: Check out this article based on the interview ➡️ 3 Cash Flow Tips for Fintech Startups: How to Support Your Finance Team and Foster Growth
How Small Businesses Owners Rule Cash Flow
This guide lays out the fundamentals of starting a solid cash flow tracking practice that won't eat up your time. Check out advice from real business owners who share their stories of taking control of their cash flow to stay resilient.
“Every small business owner must know their cash flow forecast inside out. It’s the most important way of managing risk and I can guarantee you you’ll sleep better at night once you have that clarity and know when to take action.”
Check out their stories here.
Related: You might also like Why Monitoring Your Cash Flow Is Like Working Out.
Business Roommates: Teaming Up to Lower Costs
Looking to cut down on expenses but want to keep your workers on board? In order to cope with the pandemic, business owners in San Diego decided to create a "roommate" system to lower costs and keep the cash flowing.
“The way I figure is, we have this massive space," said Harris. "There’s no reason for me to be the only one here when I can share it with multiple people.”
Pulse Q&A
When To Exclude Past Pulse Entries from Total Cash on Hand
Excluding past Pulse entries from Total Cash on Hand is a great way to start fresh without completely starting over. It also gives you the freedom to ignore past entries without deleting any information.
How to do it
- Go to your Cash Flow table or Reports tab
- Check the “Exclude Past Pulse Entries from Total Cash on Hand” checkbox to the right of the page
This will allow you to ignore entries with dates in the past and build out new future scenarios quickly. After you've set that up, you can easily uncheck the “Exclude Past Pulse Entries from Total Cash on Hand” checkbox to see how your past cash flow influences the new scenario.
As always, your success is our top priority. Be sure to reach out to support@pulseapp.com if you need help with anything.
By the way, we're now using Curated.co to send this newsletter. It's part of the Simple Focus Software portfolio. Let us know if you like the new look.
Best,