The tool Daily Cash Tracking records the cash flow of your business on a daily basis. All cash flows are recorded every day, such as cash available from incomes, deposits in the bank, use of credit cards so that the entrepreneur has a precise picture of the cash flow of the business in relation to sales. After completing all fields of the tool and exporting the results you are given the opportunity to print it out so as to have the respective file with all daily cash flows.

It can be used by the entrepreneur and other employees of the business, if they are responsible for the cash register and cash flow.

The standard Revenues - Expenses helps the entrepreneur to record an overall financial picture of the business. The entrepreneur and / or user of the tool will be able to record and monitor on a daily or weekly basis (we do not recommend using the tool for a period longer than a week) total credits (income) and debits (costs) of the company. He will be in a position to, ie, monitor costs of the operation, checks, fixed expenses, suppliers. The comparison of revenues and expenses on a daily or weekly basis will help the entrepreneur in planning actions to improve the first and / or reduction of the latter.

It can be used by the entrepreneur himself or from the financial and/or accounting management of the company.

The use of the tool requires the user to be able to record basic concepts of accounts receivable (sales invoice, receipt, checks receivable) and accounts payable (purchases, expense accounts, checks payable).

Cash flow can provide information about changes in net assets and financial assets of a company and whether a business can affect the amounts and timing of cash flows, given the conditions of the economy and the industry in which it belongs. In addition, it examines whether a company can generate cash and cash equivalents and thereby allows comparison with other companies in the industry. The Statement of Cash Flows deepens the financial statements of the company and enables temporal and sectoral exams.
Cash: are those which consist of cash on hand and demand deposits that can be taken directly.
Cash Equivalents: are short-term, highly liquid investments that are readily convertible to specific amounts of cash and which are subject to an insignificant risk in terms of changes in value.

The Cash Flow Statement is proposed to be used by the entrepreneur himself or, alternatively, by the responsible accounting or financial officer.

The completion and use of the tool requires good knowledge of accounting principles. The assistance of an accountant is suggested.

The tool "Five-year Cash Flows" gives you the ability to capture the historicity of the liquidity of your business, in a depth of five years. To keep track of the cash flow of your business (and therefore the liquidity) it is proposed that you use the tool "Annual Cash Flows" (link). Cash flow can provide information about changes in net assets and financial assets of a company and whether a business can affect the amounts and timing of cash flows, given the conditions of the economy and the industry in which it belongs. In addition, it considers whether a company can generate cash and cash equivalents and thereby allows comparison with other companies in the industry. The Statement of Cash Flows deepens the financial statements of the company and enables temporal and sectoral exams.
Cash: are those which consist of cash on hand and demand deposits that can be taken directly
Cash Equivalents: are short-term, highly liquid investments that are readily convertible to specific amounts of cash and which are subject to an insignificant risk of change in value

The Cash Flow Statement is proposed to be used by the entrepreneur himself or, alternatively, by the responsible accounting or financial officer.

The completion and use of the tool requires good knowledge of accounting principles. The assistance of an accountant is suggested.

The income statement is a report that contains summary information on revenues, expenses, gains and losses that occurred in a particular accounting period (year, quarter, etc.).
The content of the income statement is divided into two parts:
1. The first lists the account details of operating income and operating expenses, ie the figures indicate the results of operations.
2. The second part presents the accounts of non-functional (contingent) income / expenses and gains / losses.
Operating figures: revenue / expenses or gains / losses arising from the operations and business activity
Extraordinary figures: revenue / expenses or gains / losses arising from activities outside the firm's operation

The income statement can be completed by the entrepreneur himself but having help from the responsible accounting or financial officer of the company.

The completion and use of the tool requires good knowledge of accounting principles. The assistance of an accountant is suggested.

The tool "Business Cash Flow" monitors the cash flows of the business, both on a monthly and annual basis, so that the entrepreneur is in a position to take decisions on the movement and distribution of money, which plays a key role in the viability of the business.
In addition, it provides information for the future level of liquidity of the business.
The financial analysis aims at computing the cash flows arising from the implementation of the business plan. The cash flow is defined by the difference of the following: the cash inflow and cash outflow. This difference may be positive or negative. Cash flow refers to a specific period of operation, usually annually. Therefore, a list of annual cash flows for economic lifetime of the investment is developed for the business plan.
The tool helps the user to calculate monthly cash movements as well as cash outflows and inflows of the company (revenue-expenses-demands-liabilities) which will help him to have a full picture of the company's liquidity so as to be able to make a rudimentary planning but also to become a reporting tool.

The tool "Business Cash Flow" can be completed by the entrepreneur himself but with help from the responsible accounting or financial officer of the company.

A Prerequisite is to have also drawn up the Income Statement.
For the design of the table of cash flows it is necessary to know the following:
• total start-up capital
• the annual costs (fixed and proportional operating costs, interest, amortization, income tax, additional capital disbursements, eg for renewal equipment)
• annual revenues
• the annual depreciation

The tool "Prediction of the Probability of Bankruptcy of the Business" calculates the probability of bankruptcy of a company in the next two years, according to the internationally recognized type of Edward I. Altman published in 1968 (Altman's Z-score).
The formula of Edward I. Altman, when created, was used in 66 companies, of which 33 showed a high probability of bankruptcy. The success rate of release was 95%! That means that 95% of 33 firms showed high probability in fact went bankrupt.
The tool uses the basic accounting figures of a business, each of which gives a corresponding weighting factor.

This tool can be used by the entrepreneur himself but also by the Accounting Manager and/or financial director of the company.

It requires knowledge of basic accounting principles and figures of the business.

The tool "Calculation of depreciation value" helps us to calculate the total value of depreciation of fixed assets of the company (machines, E / Y, etc.).
Depreciation constitutes a key accounting figure/amount and is used to compile several accounts, such as the Balance Sheet, Income Statement, etc.
This tool calculates the depreciation value for the 3 major categories of assets of a business.

This tool is proposed to be completed by the accounting officer of the company (alternatively the external auditor of the company).