The Cash Flow Analysis report is a simple but effective tool to help you predetermine your cash flow for a specified period. This page explains how this report works.
- Go to the Reports menu, choose Index to Reports.
- Click the Banking tab.
- Click to highlight the Cash Flow Analysis report then click Customise.
- Enter your Cheque Account and the Days To Look Ahead.
- Click Analyse Cash Needs.
Once the cash analysis is displayed, the transactions used for the analysis can be viewed by clicking Return to Worksheet.
The Cash Flow Analysis report can also be accessed from the Banking command centre by clicking Analysis located at the bottom of the command centre.
- Recurring transactions which have a Frequency set (apart from Never)
- Fall due within the Days To Look Ahead period
- Are currently overdue
In addition to this, the Frequency of Recurring transactions may increase the number of times a transaction is included in the analysis. For example: A Recurring transaction with a Weekly Frequency will be included four times in the analysis if the Days To Look Ahead is set to 30 days.
The recurring transaction types included in the report are:
- Spend Money and Receive Money
- Pay Employee pay cheques
- Record Journal Entry
- Bills and Invoices that fall due within the Days To Look Ahead period, and those that are currently overdue
- Recurring Bills and Invoices that are yet to be recorded, and who's payments are due within the Days To Look Ahead period, are not included in the analysis
Note: The cash flow for Sales, Purchases and Payroll will only be reported if the Cash Flow Analysis report is filtered for their respective linked cheque accounts. To determine the linked cheque accounts:
- Sales - Go to the Setup menu, choose Linked Accounts, click Sales Accounts and you will see the Cheque Account For Customer Receipts field.
- Purchases - Go to the Setup menu, choose Linked Accounts, click Purchases Accounts and you will see the Cheque Account For Paying Bills field.
- Payroll - Go to the Setup menu, choose Linked Accounts, click Payroll Accounts and you will see the Payroll Cheque Account field.
The same principal also applies for Recurring transactions. They can be edited so their amount is zero. Or, exit the report and delete the Recurring transaction template.
Scroll down to the bottom of the Cash Flow Analysis report. Notice that the last line is blank. Enter the transaction details in the blank line and then press the key on your keyboard. You can then continue to enter additional transactions or click Analyse Cash Needs to view the change.
With the Cash Flow Analysis report displayed, identify the transaction to be edited. Place your cursor in the Money In/Money Out field and change the amount. Press the key on your keyboard and then press Analyse Cash Needs to view the change.
The amounts shown in the Cash Flow Analysis report are tax inclusive.
The GST remittance transaction isn't normally setup as a Recurring transaction, so your GST liability isn't included in the report.