We've looked at how to prepare proforma profit and loss (income) statements and how to generate cash flow forecasts from these. Once we have the cash flows, it is a quite straightforward process to ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations ... company figuring out its balance sheet.

A profit and loss sheet is usually created alongside two other financial documents, a cash flow forecast and a balance sheet. While a profit and loss sheet focuses on the profits made, a cash flow ...