A short-term financial plan tracks a firm's cash balance and new and existing short-term financing, enabling managers to forecast shortfalls and plan to fund them in the least costly manner.

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A short-term financial plan is designed to manage a firm's cash flow and short-term financing needs. It enables managers to forecast shortfalls and develop strategies for funding them in the most cost-effective way possible. By monitoring cash balances and available financing, a short-term financial plan can help a company avoid liquidity issues and ensure that it has the resources it needs to operate effectively.

A Short-Term Financial Plan Tracks a Firm's Cash Balance and New