Nothing compares to the importance of Cash position in small and medium-sized enterprises. Because the options for action in the event of bottlenecks in the area of Cash position in small companies are severely limited compared to large companies.

Welcome to our introduction to Cash flow planning! Here we offer you a clear overview of the topic and give you the perfect mix of theory and practice.

Cash position is of central importance for small and medium-sized companies. This is because the scope for action in the event of financial bottlenecks is often limited, which makes planning all the more important.

Our goal for this course

In this course, we will show you step by step how to set up a solid Cash flow planning . We stick to a practical and understandable guide. The theory is unavoidable, but we present it in the most compact and useful way possible. The links included will help you to select what you need.

The course will cover the following topics in different chapters:

• Why Cash flow planning is important at all is explained at the beginning of the course.
• We then describe the necessary quality criteria that Cash flow planning should fulfill.
• The course then focuses on the basic structure of Cash flow planning.
• The following chapter is dedicated to the important area of short-term Cash flow planning, the consideration of open items and the differentiation from long-term Cash flow planning .
• The usual procedure for creating a Cash flow planning in a digital cash flow tool is then described using COMMITLY as an example.
• The discussion of the application of a cash flow tool in the simulation of short-time work (in the context of the Corona pandemic) can be seen in a webinar.
• As a bonus, we have an eBook on liquidity management in SMEs at the end of the course.

Have fun and be successful!

Useful links

Visit our blog post "Cash flow planning: everything you need to know"in which we explain the basics simply and clearly.

Here you will also find everything you need to know about Cash flow planning: from the importance of a Cash flow plan the structure the creation up to practical templates and examples.

Cash position in the company

Understand the differences between the income statement and the cash flow statement and find out why both pursue the same goal.

For a deeper insight, you can also find a comprehensive presentation on "Cash flow planning for entrepreneurs" on Slideshare.