A cash flow projection is a useful tool composed of forecasted revenues, expenses and cash balances. A cash flow project can help you anticipate when cash levels are expected to rise and fall, and give you early warning if there is not enough revenue to cover your project's expenses. A cash flow projection can also supply you with data that will help you preparing next year's budget.
Forecasted revenues and expenses should be reviewed and updated periodically, taking into account new information such as grant awards, event revenues, and newly anticipated expenses.
Your finance liaison can assist you with preparing a forecast and cash flow projection.