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The 4 Finance Documents Every Freelancer Needs

These are the 4 most important, crucial finance documents every freelancer should know about

These are the 4 most important, crucial finance documents every freelancer should know about

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Cash Flow Statement<br />

This is a measurement of how much cash is flowing into and out<br />

of your business.Your cash flow includes:<br />

• cash inflows, such as cash sales, loans, and other<br />

investments<br />

• cash outflows, such as expenses you’ve paid, equipment<br />

you’ve bought, and other payments<br />

Mathematically: Ending cash balance = beginning cash balance +<br />

cash inflows – cash outflows

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