Why your bank balance lies — and what to look at instead
Your bank app shows a number, but it never tells the whole story. Learn the difference between cash and accrual reality.
Your bank balance is a snapshot of one moment. It doesn't know about the $8,000 cheque you wrote yesterday, the GST you owe next month, or the supplier invoice that lands Friday.
Real cash position = bank balance − cheques outstanding − tax owed − payroll due + reliable receivables in the next 14 days. That's the number that should drive decisions.
Build a simple 14-day cash forecast
Spreadsheet, one row per day. Opening balance, expected in, expected out, closing balance. Update it every Monday in 10 minutes. You'll never be surprised by a tight week again.
Questions about your own books?
Book a free, no-pressure consultation and get a clear next step for your bookkeeping.
Every enquiry gets a reply within one business day. Nothing is billed until you accept a flat fee in writing.
Averon Accounting is a bookkeeper in Abbotsford, BC serving small businesses across the Fraser Valley. See what bookkeeping costs in BC or check your CRA deadlines.
Bookkeeping help near you
Services
Service areas
Wondering about fees? See what a bookkeeper costs in BC or our monthly pricing.