Cash Flow

TCSPL
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Cash Flow

My bank has just asked me to provide a Cash Flow Projection for the next 12 months.
But the MYOB Cash Flow Report DOES NOT include recurring Invoices & Bills.

 

Cash Flow Analysis report

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

 

Please provide an otion to include these.

4 REPLIES
MYOB Moderator Steven_M
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Steven_M
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Re: Cash Flow

Hi @TCSPL

 

Welcome to the MYOB Community Forum, I hope you find it a wealth of knowledge

Currently, as you have pointed out AccountEdge will only pull through existing recorded transactions in the Cash Flow Analysis. As a recurring transaction is not deemed to be a transaction until it is fully recorded it will not appear in that Cash Flow Analysis.  To my knowledge, we don't have any immediate plans to add recurring transactions to that Cash Flow Analysis.

If you do need to include a record of that transaction for the Cash Flow Analysis this can be added by keying in the required amount/s using the last line in the Cash Flow Analysis window.

 

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Kind Regards,
Steven
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Ultimate Partner Seattle
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Re: Cash Flow

@TCSPL @Steven_M

 

I would prepare a projected Cash Flow Analysis in Excel.

 

The Bank would be interested in your plans for the next year.

Do you wish to increase Sales by 2% or 20%? on what basis?

Do you intend to hire, fire or keep staff levels the same?

 

As a former Banker, I was always interested in the Owner's Plans/Goals.

 

Duncan

Duncan Smith
Business Advice + Tax
Helping business owners build a better business since 1998
E expressgst@optusnet.com.au T 02 9904 3672 7 days
TCSPL
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TCSPL
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Re: Cash Flow

So as I have over 60 recurring Invoices & 5 recurring payments (other than salaries etc) I will have to enter 780 manual entries to get my 12 month cash flow.  That is ridiculous!  And then enter them all agin next time!!
The salaries, super payments and journal entries for the future have not yet occurred yet they are included so why not other recurring transactions!

TCSPL
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TCSPL
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Re: Cash Flow

Yes thanks Steven M, that's what I have resorted to doing.  It's just a pity that all the basic info is in MYOB but they don't extract it.   

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