What is the Purpose of Forecasting Income and Expenditure by Linda Curley https://padlet.com/linda_curley1/bsb3yjk2c6x8 Made with joy en-us 2018-03-01 12:51:11 UTC 2018-03-01 13:24:19 UTC hello@padlet.com Purpose of forecasting income and expenditure https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877237 So that the company can set a budget for either the purchase of fixed or non fixed assets ]]> 2018-03-01 13:19:55 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877237 Purpose of Forecasting Income and Expenditure https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877317 So the business can set a budget]]> 2018-03-01 13:20:04 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877317 Purpose of Forecasting Income and Expenditure https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877365 In order to analyse the current and future financial state of the company so they can set company 
aims or create a budget.]]> 2018-03-01 13:20:10 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877365 Purpose of forecasting income and expenditure https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877374 To allow the business to budget the correct figures that they are going to spend on each asset. ]]> 2018-03-01 13:20:11 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877374 https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877597 so the company can plan purchases and expenditure to ensure there are no cash flow problems.]]> 2018-03-01 13:20:33 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877597 business can see whats coming in and out of the business in terms of finance https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877804 2018-03-01 13:20:58 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877804 https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877947 so the company can compare what they forecasted with what their actual income and expenditure was]]> 2018-03-01 13:21:15 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236877947 so that the company are prepared and have an idea of their budget and what they need to pay out https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878147 2018-03-01 13:21:40 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878147 Purpose of forecasting income and expenditure https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878376 To let the company plan what they are going to buy and see how much they have left over.

]]> 2018-03-01 13:22:09 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878376 https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878466 2018-03-01 13:22:20 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878466 https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878469 so the business can keep track of the money going in and out of the business.

]]> 2018-03-01 13:22:20 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878469 https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878582 if you predict beforehand what it'll be then you can plan around it and how to work in a way that is efficient enough to raise profit and not go into debt]]> 2018-03-01 13:22:32 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878582 to calculate how much money will be available once expenditure has been deducted from revenue. https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878703 2018-03-01 13:22:48 UTC https://padlet.com/linda_curley1/bsb3yjk2c6x8/wish/236878703