Finanz- und Liquiditätsplanung

To create a comprehensive financial plan for your Businesses, you need to collect and analyze a number of financial details and projections. The most important details are: Sales forecasts, cost estimates, investment requirements, financing/capital procurement, liquidity development, income statement, balance sheet, cash flow statement and financial ratios.

A financial plan forecasts the income and expenses of a Businesses over a certain period of time in order to determine the expected profit or loss. A liquidity plan, on the other hand, focuses on the company's cash position and shows how much cash or liquid assets the Businesses has available to cover short-term liabilities. The main difference is that the financial plan provides the overall view of a Businesses financial performance, while the liquidity plan focuses on short term liquidity.

A liquidity plan must be prepared on an ongoing basis. Depending on the urgency, a liquidity plan is created per month, per quarter or per year. The tighter the liquidity in a company, the shorter the intervals between the preparation of the plan.

The Board of Directors has the non-transferable task of organizing the accounting system, financial control and financial planning and must monitor the solvency of the company. The monitoring and updating of the financial plan can be carried out in collaboration with various people or departments, depending on the size and structure of the company. Classic examples are the management, the finance department or the controlling department.