Participation answers to the below post, the below answer was for the Why is it important to project the first-year financial performance on a monthly basis and the subsequent yearly budgets, on a quarterly basis?

what's the goal for most companies? Strong fiscal planning right? Projecting the first year on a monthly basis helps the company understand potential cash-flow requirements. Therefore, by having at least a basic understanding of their financial baseline, company operations can be managed. The best way this can occur is by monthly reviews in the first year and then quarterly after the first year. This is not a hard firm fast rule, but an excellent tool and process to ensure your fiscal strategy does not stray from your operational strategy.