Financial leadership for better business decisions.

ExpensesEverything the month cost, on the accrual basis: a bill counts in the month the work happened, not the month it was paid. That is why this can move while the bank balance does not.Every expense account in the closed ledger, tax included.

Cash on handOperating cash only. Reserves and anything already promised sit outside this number, so it is what you could actually spend this week.From the bank, tied back to the balance sheet at the close.

Net cashWhat the business adds each month after everything, including the months payroll runs three times. One unusual month does not move it.Money in less money out, from the closed accounts.

In twelve monthsAt the pace you are running now, with nothing new bought and nothing new raised. It is a starting point for a decision, not a promise.The projection carried forward at the current net.

The line, back and aheadSolid to today is cash you actually held at each month end. The band after it, not the line, is the forecast: it shows where cash lands if the pace runs a third slower, which is the case that decides whether you hire in the first half.The closed months are read from the accounts; the months ahead are drawn from the net you are running now.