CASH FLOW FORECASTING WORKFLOW

Created by ChecklistGuro (https://checklistguro.com)

[ ] Fetch Historical Revenue: Retrieve all completed sales entries from the last 6 months from the Revenue Data Model.
[ ] Fetch Planned Expenses: Retrieve all upcoming expense entries from the Expenses Data Model.
[ ] Fetch Current Bank Balance: Retrieve the latest balance entry from the Bank Accounts Data Model.
[ ] Sum Total Revenue: Aggregate the 'amount' property of all retrieved revenue entries to calculate total inflow.
[ ] Sum Total Expenses: Aggregate the 'amount' property of all retrieved expense entries to calculate total outflow.
[ ] Calculate Net Cash Flow: Calculate the difference between Total Revenue and Total Expenses (Revenue - Expenses).
[ ] Project Ending Balance: Calculate the projected balance (Current Bank Balance + Net Cash Flow).
[ ] Create Forecast Entry: Create a new entry in the Cash Flow Forecast Data Model containing the calculated projected balance and date.
[ ] Notify Finance Manager: Create a task for the Finance Manager to review the newly generated forecast.
[ ] Send Forecast Report: Send an email to the CFO containing the summary of the projected cash flow.
[ ] Generate Cash Flow Trend Report: Create a visual report comparing the projected figures against the historical data.

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