| A | B |
|---|
| Cash Budget | A report showing the estimated cash flow of a business |
| Crossfooting | Adding a row of figures across a business form |
| Quarter | A three month period |
| Cash Flow | How money is received and spent over time |
| Receipts | Amounts of money received |
| Variable Payments | Payments which change from month to month |
| Fixed Payments | Payments that do not change (rent, insurance, etc.) |
| Positive Cash Flow | When there are more receipts than payments in a period |
| Negative Cash Flow | When there are more receipts than payments in a period |
| Extend an Amount | To record an amount again in a second column |
| Budget Variance Report | A form that compares budgeted amounts with actual amounts |
| Variance | Difference between the budgeted amount and the actual amount |
| Budget | A plan for receiving and spending money |
| Cash Budget | A form which shows the actual cash receipts and cash payments for a period of time |
| Cash Payments | Amounts of money paid out by a business |
