Cascade

Cascades can be used to keep track of balances.

The simplest form of a cascade is a control account, which typically presents only opening balances, changes, and closing balances.

The general form of a cascade allows for opening and closing balances, with a breakdown of movements and balances available for various usages in between.

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Cascades are used commonly used in situations such as:

• forecasting cash usage within project finance operational models for assets that are at risk of cash shortfall;
• within fund or portfolio models with cash limiting future investments; and
• for models of facilities where the product can be sent to different customers or used in various ways.