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How to Build a 3-way Forecast in Excel

3-way Forecast in Excel

What is a Three-Way Forecast? A three-way forecast, also known as the three financial statements model, is a financial tool that consolidates three essential reports into a single, comprehensive forecast. It integrates your financial statements – your Profit & Loss statement (income statement), balance sheet, and cash flow projections to provide a holistic view of […]

10 Debt Collection Tips Using Cloud Accounting Software 

Debt Collection

Cash flow is the lifeblood of any business, and nowhere is this more understood than in Perth’s bustling commercial scene.  With the deep knowledge of Westcourt as a business tax accountant in Perth, you have an arsenal of cloud accounting software programs to manage debtors effectively.    An SME would not use every Xero cloud accounting […]