Cash Flow Projection
| Cash flow projection is a forecast of expected cash inflows and outflows over a set time frame, usually weekly, monthly, or annually. It is important because it helps us to anticipate whether the business will have enough money to cover all expenses and avoid shortages and make smarter financial decisions. |
| The petty cash fund is important because it provides quick access to small amounts of money for everyday use of expenses, ensuring smooth operation without the delays of the payment process. |
