2014 Firm Financial Tracker - Cash Flow and Profit/Lose - Monthly Expenses

Sep 13, 2026

2014 firm financial tracking sheet for monitoring cash flow, revenue collections, and expense disbursements across a monthly budget cycle. The model estimates breakeven income using average monthly expenses, applies an hourly fees collection rate with realization percentage, and summarizes cash inflows and outflows including payroll, taxes, insurance, professional services, and operating costs. It consolidates YTD actuals, YTD budget, and YTD variance to show profit/loss, ending cash balance, and accounts receivable for management review.

LanguageEnglish

CategoryInvoices

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Cash Flow and Profit/Lose

Avg Monthly Expenses and Breakeven Income

Fees Collected and Revenue Realization

Disbursements, Expenses, and Cash Outflows

YTD Actual, YTD Budget, and YTD Variance

For Illustration Only 2014 Firm Financial Tracker: Cash Flow and Profit/Lose Avg Monthly Expenses YTD 13,000.00 Monthly Nut = Income required to breakeven monthly Fees Collected based on $200/hr rate. 1500 hrs/year and 90% Collection reailization rate Beginning Check Register Cash Inflows (Income): Fees collected-Atty 1 Fees Collected-Atty 2 Total Revenue (1500 hrs *$200/hr) * 90% collection realization rate Disbursements billed & collected-CAC Expenses Total Fees and Exepenses Total Cash Inflows (Revenue.Other Fees) Cash Outflows (Expenses): Bank Service Charges: Client Advanced Costs Computer Hardware Computer Software & Cloud Subscriptions Continuing education (CLE) and License fees Credit Card Fees Dues.Subscriptions Employee Benefits. Insurance Taxes Paid (City/State/Fed) Interest Charges Internet Service Marketing.Website.Internet Ads Meal & Entertainment Miscellaneous Office Supplies Budget 2014 270,000.00 270,000.00 1,200.00 271,200.00 271,200.00 384.00 3,500.00 3,500.00 1,980.00 560.00 550.00 750.00 8,500.00 0.00 900.00 9,000.00 3,200.00 500.00 1,800.00 Jan 2,500.00 13,000.00 0.00 13,000.00 100.00 13,100.00 15,600.00 32.00 0.00 2,100.00 145.00 0.00 80.00 275.00 420.00 0.00 75.00 450.00 55.00 0.00 75.00 Feb 1,598.00 18,000.00 18,000.00 50.00 18,050.00 19,648.00 32.00 200.00 410.00 145.00 55.00 65.00 0.00 0.00 0.00 75.00 450.00 65.00 0.00 100.00 March 7,071.00 21,000.00 21,000.00 100.00 21,100.00 28,171.00 58.00 0.00 145.00 0.00 42.00 0.00 0.00 0.00 75.00 775.00 125.00 75.00 55.00 April 15,941.00 16,500.00 16,500.00 0.00 16,500.00 32,441.00 32.00 250.00 0.00 160.00 125.00 45.00 250.00 2,250.00 0.00 75.00 2,400.00 755.00 0.00 225.00 May 15,414.00 14,000.00 14,000.00 200.00 14,200.00 29,614.00 32.00 0.00 0.00 160.00 0.00 60.00 0.00 0.00 0.00 75.00 850.00 65.00 0.00 0.00 YTD Actual June 19,477.00 13,000.00 13,000.00 0.00 13,000.00 \# 32,477.00 Total 95,500.00 95,500.00 450.00 95,950.00 32.00 175.00 0.00 160.00 0.00 32.00 200.00 0.00 0.00 75.00 1,600.00 350.00 0.00 65.00 218.00 625.00 2,510.00 915.00 180.00 324.00 725.00 0.00 2,670.00 0.00 450.00 6,525.00 1,415.00 75.00 520.00 YTD Budget 135,000.00 135,000.00 192.00 1,750.00 1,750.00 990.00 280.00 275.00 375.00 0.00 4,250.00 0.00 450.00 4,500.00 1,600.00 250.00 900.00 YTD Variance 35.4% 88.1% 280.0% 69.7% 108.2% 155.6% 84.9% 51.7% 159.2% 100.0% 113.1% 333.3% 173.1% 69.0% Accompanying Article Regarding Financial Checkup [Pgruenke@legalbizsuccess.com](Pgruenke@legalbizsuccess.com) Payroll -YOUR SALARY Payroll Taxes 401K-6% Insurance Life and Disability Insurance Malpractice Property.Casualty Insurance Professional Services Accounting.Bookkeeping Consulting/Business/ Outsource Services Answering services Rent Telephone Services e-fax Service Cell phone. Mobile Devices Office Phone Subtotal -Expenses Other Cash Outflows: Loan Principal Draw Subtotal Total Cash Outflows (Expenses) Budget 2014 75,000.00 9,000.00 4,500.00 2,500.00 3,800.00 850.00 5,200.00 2,800.00 3,000.00 7,200.00 200.00 1,020.00 0.00 150,194.00 Jan 6,250.00 750.00 375.00 500.00 0.00 70.00 1,200.00 200.00 250.00 600.00 15.00 85.00 0.00 14,002.00 0.00 14,002.00 Feb 6,250.00 750.00 375.00 35.00 0.00 70.00 300.00 250.00 250.00 600.00 15.00 85.00 0.00 10,577.00 2,000.00 2,000.00 12,577.00 March 6,250.00 750.00 375.00 35.00 0.00 70.00 300.00 150.00 250.00 600.00 15.00 85.00 0.00 10,230.00 2,000.00 2,000.00 12,230.00 April 6,250.00 750.00 375.00 500.00 0.00 70.00 1,200.00 350.00 265.00 600.00 15.00 85.00 0.00 17,027.00 0.00 17,027.00 May 6,250.00 750.00 375.00 35.

FAQs

How is breakeven monthly income determined in the tracker?

Breakeven is estimated using Avg Monthly Expenses and the Monthly Nut concept, tying required income to cover monthly operating needs.

How are fees collected revenue and realization rate used?

Fees collected are calculated from an assumed hourly rate and total billable hours per year, then multiplied by a collection realization percentage to estimate effective revenue.

What do the YTD Actual, YTD Budget, and YTD Variance sections show?

They compare year-to-date results against the plan, highlighting differences through variance percentages to support financial checkups and adjustments.

Sep 13, 2026

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