Monthly Balance Sheet Forecast Report for Acumatica

What is a Monthly Balance Sheet Forecast Report?

The Monthly Balance Sheet Forecast Report serves as a valuable tool for CFOs and planning managers, providing estimates for liabilities and assets that contribute to cash flow forecasts. This report encompasses historical data up to the current period and offers projections for the remaining months of the year. It not only highlights trends but also provides insights into the timing of receivables and payables, enabling managers to make well-informed decisions. Below is an example of this forecast template.

Purpose of Balance Sheet Forecast Models

Balance Sheet Forecast Models play a crucial role in driving cash flow forecasts and facilitating timely decision-making for companies and organizations. When integrated into Financial Planning & Analysis (FP&A) and Accounting practices, these models enhance decision-making concerning assets, liabilities, and cash flow while reducing the risk of financial obligations not being met.

Benefits to Users

The utilization of Balance Sheet Forecast Models offers significant advantages to business users, empowering them to make informed decisions and improve their overall efficiency. By providing comprehensive insights into liabilities, assets, and cash flow, these models enable users to gain a deeper understanding of their financial position. With access to accurate and timely information, managers can make well-informed choices that optimize resource allocation, identify potential risks, and seize growth opportunities. Additionally, these forecast models streamline financial planning processes, enhance operational efficiency, and reduce the time and effort required for manual data analysis. By leveraging the benefits of Balance Sheet Forecast Models, business users can effectively navigate the complexities of financial management and drive sustainable business growth.

Balance Sheet Forecast Model Example

Here is an example of a Monthly Balance Sheet Forecast Report with actual data year-to-date and forecast for the rest of the year.

Monthly Balance Sheet Forecast Report for Acumatica

Monthly Balance Sheet Forecast Report Example from Solver

You can find hundreds of additional examples here.

Who Uses This Type of Forecast Template?

The typical users of this type of forecast template are: CFOS, Controllers and Planning Managers.

Other Forecast Templates Often Used in Conjunction with Balance Sheet Forecast Models

Progressive Financial Planning & Analysis (FP&A) and Accounting Departments sometimes use several different Balance Sheet Forecast Models, along with profit & loss and cash flow forecasts and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Acumatica, Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

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