cash flow family

Question 1

what is the formula for total inflows/total income?

Answer 1

All inflows/ income added together for that month

Question 2

what is the formula for total outflows/total expenditure?

Answer 2

All outflows/ expenditure added together for that month

Question 3

what is the formula for the net cash flow?

Answer 3

Total inflows/income – Total outflows/expenditure

Question 4

what is the formula for the opening balance?

Answer 4

Last month’s closing balance

Question 5

what is the formula for closing balance?

Answer 5

Opening Balance + Net Cash Flow