Dear Members,
What is the difference between Cash Flow Forecast and Cash Flow Projection. I want to apply for an O/D from bank and bank requires Cash Flow Forecast for next 12 months and also Projection for the period for which I am applying for Finance.
Company has a seasonal business of blankets and I have only last 1 years accounting data on computer. On that basis how can I make these reports. I mean can I assume sales figure percentage on the basis of monthly sales done during last year?
An early respnose shall be a great help from your side. Thanks in advance.
B/Regards
CAclubindia
