Design & implementation of a personal Cash flow program using Microsoft Excel
Article Sidebar
Main Article Content
Abstract
A program that keeps record of personal financial details and also mines the data for insightful analysis is definitely a good day-to-day companion. In this generation, such tool is inevitable in the financial dealings of any individual or company. In this study, we developed an easy but highly intuitive method of tracking financial dealings, budgeting and forecasting personal financial expenditure using Microsoft Excel. Among others, this program can aid in implementing financial strategies designed to meet specific goals based on percentages in specific categories. From such data, mathematical models were also developed and prediction was made. With little or no modification, the Cash flow program presented in this study could be adopted for use in any type of the organisation where money or any article of business comes in and goes out in a particular cycle (typical of which is monthly). Results and method presented here proved to be effective.
Keywords: Cash flow, Microsoft Excel, budget, forecast.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution 4.0 International License.
The Global Journal of Business Economics and Management: Current Issues is an open-access journal. The copyright holder is the author or authors. Licensee: Birlesik Dunya Yenilik Arastirma ve Yayincilik Merkezi, North Nicosia, Cyprus. All articles can be downloaded free of charge. Articles published in the Journal are Open-Access articles distributed under the CC-BY license [Attribution 4.0 International (CC BY 4.0)].