Educational worksheet

Project budget and cash-flow

Keep example cash, accounting profit, taxable income and tax liability distinct. Deductible spend is not a dollar-for-dollar tax cut.

This is not a substitute for a document drafted by a qualified local professional.

Cash

Opening cash
Expected inflows with dates
Outflows with dates

Contribution

Revenue minus variable costs
Fixed costs listed separately

Tax note

This sheet does not compute tax. Seek qualified local advice.

Related: artist business-manager accountant grant-writer-development-coordinator