Budgeting - Financial plan for the future, Budgetary control - Comparing actual financial results with the budget and make adjustments, Cash flow forecasting - a prediction of the inflows and outflows of cash within a business, Cash inflows - money coming into the business, Cash outflows - money going out of the business, Net cash flow - Total inflow - total outflows, Closing balance - Net cash flow + opening balance, Opening balance - The opening balance for the month is always the closing balance of the previous month,

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