What is a statement of projected expenses and receipts associated with a particular farm or business plan called?

A statement of projected expenses and receipts associated with a particular farm or business plan is referred to as a cash flow budget. This document outlines the anticipated cash inflows and outflows over a specific period, helping to assess whether the business will have sufficient funds to meet its obligations as they arise. The cash flow budget is essential for planning and ensuring that a business can operate smoothly without facing liquidity issues.

This statement is particularly important for agricultural businesses, where timing of cash flow can be influenced by seasonal factors, production cycles, and market conditions. By projecting what cash will be needed and when, farmers and agribusiness managers can make informed decisions regarding borrowing, investing, and managing resources.

Other terms like cash flow statement and profit and loss statement provide valuable financial information but serve slightly different purposes. A cash flow statement captures actual cash movements over time rather than projections, while a profit and loss statement summarizes revenues, costs, and expenses over a period to assess profitability, not projecting future cash flows. Financial analysis reports aggregate data and insights but do not specifically focus on cash flow projections like a cash flow budget does.