How does the Cash Flow Forecast work in Kontuly?
Kontuly's Cash Flow Forecast, under Banking in All reports, starts from the cash in all your bank accounts on a date and shows the Money in, Money out and Cash balance for each of the next 13 weeks. It's built from what customers owe, what you owe suppliers, and what your recurring templates will make.
What's counted?
- Money in: unpaid invoices at their due dates, plus the invoices your active recurring templates will make.
- Money out: approved, unpaid bills at their due dates, plus the bills your active recurring templates will make.
- Anything already overdue is expected in the first week.
- Foreign-currency invoices and bills count at their value in Australian dollars.
Tick Detail to list each invoice, bill and recurring document behind the figures. A note warns you if the balance goes below zero.
What's left out?
- Draft invoices and bills, and unused credit.
- GST and PAYG payments to the ATO.
- Wages.
- Paused recurring templates.
- Anything not recorded as an invoice, bill or recurring template.
So if you pay rent or wages by bank transfer with no bill, add a recurring bill for them to see them in the forecast, or allow for them yourself, together with your BAS payments.
How accurate is it?
As accurate as your due dates. Customers who pay late will make reality lag the forecast; check your Aged Receivables for who's overdue.
Related questions
- How does Kontuly's Statement of Cash Flows work?Kontuly's Statement of Cash Flows shows where cash came from and went over a period, by operating, investing and financing activities.
- How do I see who owes me money in Kontuly?Kontuly's Aged Receivables report shows who owes you and how overdue it is at any date; Aged Payables does the same for what you owe suppliers.
- How do I run a Profit and Loss report in Kontuly?Run Kontuly's Profit and Loss for any period, compare it with the previous period or last year, and click any figure to see the transactions behind it.
More about accounts and reports
- How does the chart of accounts work in Kontuly?Kontuly's chart of accounts sorts every dollar into accounts by type and report group. What a new business starts with and how it shapes your reports.
- How do I add, edit or archive an account in Kontuly?Add a new account in Kontuly's Chart of Accounts, change its code, name or GST code, or archive one you don't use. What can't change once it's used.
- How do I post a manual journal in Kontuly?Post a manual journal in Kontuly for adjustments with no invoice or bank line, such as accruals, depreciation or corrections. Debits must equal credits.
- How do I void or reverse a journal in Kontuly?Void a manual journal in Kontuly to post a reversing entry on the same date. Which journals must be corrected elsewhere, and what blocks a void.
- How do I lock a period after lodging a BAS in Kontuly?Set the lock date in Kontuly's Settings so nothing dated on or before it can be posted, changed or voided, protecting a lodged BAS or a finished year.