Someone once said, In a small business, cash flow is more important than your mother. Strong words, but without cash in the bank, you may be forced to make near-term decisions that can harm the long-term prospects of your company. Without cash you may be forced to delay hiring key employees, pay late charges, lose prompt-payment discounts, keep inadequate stock, etc. Analysing your cash flow is the first step in assuring a healthy stream of cash.
To make proper use of Cash Flow Analysis, Accounting Plus needs to know about certain recurring transactions (recurring bills and recurring income). Accounting Plus can then combine that information with your outstanding payables and receivables and project your account balance.
Before you can print the Cash Flow Analysis report, you need to run the Cash Flow Analysis. It can be found in the MYOB Analyst in the Chequebook Command Centre. The first window is a worksheet. Enter the number of forecast days and review the worksheet. Add change or delete entries on the worksheet. When everything is complete click Analyse Cash Needs. To print the Cash Flow analysis report, click the Print button at the bottom of the window.
Check to see if your recurring transactions are entered:
Remember you only need to save something as a recurring transaction once, not every time you enter it.
For more information, see: