What Is the Cash Forecast Report?

The Cash Forecast Report is an analytical tool that helps you predict the net cash available during an upcoming period (such as the next week, month, or quarter).

This forecast is based on:

• Outstanding invoices (expected inflows)

• Unpaid bills (expected outflows)

• Current cash balance

The Main Goal

To ensure you have sufficient liquidity to cover daily obligations—without surprises.

Why Do You Need This Report?

The cash forecast report helps you:

• Plan ahead to meet obligations (such as salaries, rent, and supplier payments).

• Avoid cash shortfalls or poorly timed payments/collections.

• Identify periods where additional financing or faster collections may be needed.

• Provide management with a clear view of the expected cash position—essential for any strategic or investment decisions.

Reports Interface Details

The Reports interface has been redesigned with greater accuracy and organization to provide a more efficient and flexible reporting experience, making it easier to access, review, and analyze your business data based on your operational needs.

Available Features in the Reports Interface:

• Pin Reports Feature:
  You can pin your most important or frequently used reports by clicking on the “Pin” option, allowing them to appear at the top of the Reports page for quicker access without needing to search through all reports each time. You can also unpin reports at any time by clicking the same option again.

• Summary or Detailed View:
  When selecting a report, you can choose how you would like the data to be displayed:

  1 - Summary View to display key information such as accounts and amounts.

  2 - Detailed View to access more in-depth information such as customers, notes, or any additional details added to your transactions.
  This feature helps you analyze your data with the level of detail that best suits your needs.

• Reports Categorization:
  Reports are organized into clear categories to help you quickly find the right report based on the type of information you need, such as reports related to cost centers, projects, and other classifications.
  This organization saves time and effort while providing more accurate and structured reporting insights.

How to View and Understand the Cash Forecast Report in Wafeq

To access the Cash Forecast Report, go to the “Reports” section from the main menu, then click on “Cash Forecast” under the “Forecasting” section.

The report displays customer receipts and vendor payments, grouped by their expected payment or collection dates. It highlights transactions that are:

• Overdue

• Due in the current period

• Scheduled for future periods

The future dues are broken down into shorter time intervals for more detailed tracking.

At the bottom of the report, you'll see a summary of total expected cash inflows and outflows, both overall and for each individual time period.