Management accounts are an internal tool that you can use to plan and track your financial position. They usually include:
- An annual budget - an estimate of your income and expenditure for a full year, broken down by month.
- 'Actuals' - the actual amount of income and expenditure, updated at the end of each month.
- A cashflow - so you know how much cash you have in the bank, both now and in the future.
This template contains all these things on one spreadsheet.
How to use the template
Watch our short tutorial for more information on how to use the template.