Cash flow Family Flashcards
1
Q
Total Inflows / Total Income
A
All inflows / expenditure added together for that month
2
Q
Total Outflows / Total Expenditure
A
All outflows / expenditure added together for that month
3
Q
Net Cash Flow
A
Total inflows / income - Total outflows / expenditure
4
Q
Opening Balance
A
Last month’s closing balance
5
Q
Closing Balance
A
Opening Balance + Net Cash Flow
