Free Cash Flow Statement Template
We get it. As a small business owner, your days are filled with providing services or creating products for your customers and the last thing on your mind is how to create a simple but professional Cash Flow Statement to track your finances.
Thank goodness Truly Small offers a range of customizable financial statement templates for you to download and use for free.
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Today’s Entrepreneurial Workforce
The independent workforce is constantly growing and small business owners find themselves wearing multiple hats everyday, as they learn to grow with their business.
As a result, there just isn’t enough time to learn the backend of running a successful business: namely, accounting and finances. Our Cash Flow Statement Template will help guide you to inputting your financial data in a professional manner—so that you can keep your cash flowing.
What should I include in my Cash Flow?
If tracking your financial data is new to you, here’s what to include on your cash flow statement gain deeper insight into your business! At a minimum, here’s what should be included on your cash flow statement.
Your Company's Name
Always include your company’s name on any type of financial reporting document.
Financial Statement's Title
This one’s simple: be sure to specify the type of financial report and/or document that is being prepared!
Reporting Date
It’s important to include that your financial report was submitted for future reference!
Date Range
Be sure to include the time period that your income statement covers - this is typically a year or a quarter.
CFO
This is a measure of the total amount of cash generated by your company during a specific period of time, typically a quarter or a year.
CFI
Also known as investing activities, this is the total amount of cash your company spends or receives from buying and selling long-term assets like property or equipment.
CFF
Also known as financing activities, this is the amount of cash your company received or spent from raising and repaying capital during a specific period of time, again, typically a quarter or a year.
EOY Cash + Equivalents
This is simply the total amount of cash and other highly liquid assets that your company holds at the end of a quarter or a year.
8 simple steps to building your cash flow statement.
To create your cash flow statement, first download the free, customizable template. Next, fill in all of your financial data. We’ve included al of the most pertinent information you need to track in our free downloadable cash flow template.
Want a quick and streamlined lesson? Follow the instructions below to create your simple and professional cash flow statement from beginning to end.
1. Download the template
Download any of our free cash flow statement templates from the top of this web page. No matter what format you need, we’ve got you covered.
2. Input your info
Input your company’s name. This will help to keep your documents organized and is helpful for your accountant when you decide to hire one.
3. Add your revenue
The first step is to include all of your revenue from this period.
4. Include the time period
It’s important to include the time period that your cash flow statement covers. This is typically for a year or a quarter.
5. Add your CFO
This is a measure of the total amount of cash generated by your company during a specific period of time.
6. Add your CPI
This is also known as your investing activities. This calculate the total amount of cash your company spends or receives from buying or selling long-term assets like property or equipment.
7. Add your CPP
AKA your financing activities. This is the total amount of cash your company received or spent from raising and repaying capital.
8. Look at your EOY Cash
This will show the total amount of cash and other highly liquid assets that your company holds at the end of the period!
Sick of manually creating cash flow statements? Check out TrulySmall Accounting!
TrulySmall Accounting is the easiest accounting app for small businesses. Just connect your bank account and we’ll categorize all of your transactions for you and you’ll get all of your financial statements populated in 5 minutes or less.
Save time and get peace of mind. Start automating with TrulySmall Accounting!
Why are financial statements important for small business owners?
Gain Business Insights
Financial statements will give you a deeper understanding of how your business is doing at a given point in time. They are a crucial tool when it comes to analyzing, monitoring, and understanding your businesses financial health
File Taxes Easily
Maintaining detailed financial reporting throughout the entire year will help you tremendously when it comes to tax time! Stress-less and get through your tax-filing quicker.
Get a loan
Financial statements are the documents that your bank will ask for when you’re ready to apply for a loan! Have them prepared early on so you can quickly show the health of your business over time.
I don’t want to use an cash flow statement template—how does Truly Small Accounting help my business?
Our free cash flow statement template is great for small businesses who want a free way to track their financial data. But if you’re looking for an even quicker way to populate your financial statements, TrulySmall Accounting is the answer!
TrulySmall Accounting helps to automate your entire accounting and bookkeeping process. All you have to do is connect your bank account and we’ll do the rest of the work for you! Not only will your financial statements be ready for you in 5 minutes or less, you’ll also have a visual dashboard filled with business insights waiting for you.
Piqued your interest?
Try out Truly Small Accounting today to find out how our software can automate your accounting and bookkeeping process.
