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What if scenarios in Cash Forecaster
Tips for doing what if scenarios on your dataIn all versions of Cash Forecaster you can Flex your data and do what if scenarios very quickly and easily. This quick adustment tool allows you to investigate various what ifs with your forecast income and expenditure. This works by simply entering a percentage reduction or increase in either your income and/or your expenditure so that you can see how sensitive your data is. You simply enter your main information to produce your profit and loss and your cash flow reports that show how you would like your business to work out. Once this has been entered you can then perhaps make a 10% income reduction to see the affect this has upon your profit or loss and on your proposed cash flow. Banks and investors are always interest in doing sensitivity analysis and in finding out what their true risk is. They will be able to quickly see the impact of a reduction in the income or of an increase in costs on the business by flexing the figures. When you are flexing your data Cash Forecaster does not stop you from making adjustments or changes to the base data already entered. To make these adjustments simply go to the 'Information Tab' on Cash Forecaster and choose what you want to adjust. Simply choose either 'Increase' or 'Decrease' and enter the percentage to adjust. |
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