Having an acceptable supply of available cash can often make a huge difference in determining how well your company will perform next month. You can use the Cash Flow Worksheet window to estimate your short-term cash needs. This window allows you to use information you've entered throughout AccountEdge to create a forecast of your checking asset account or your credit card liability account. (Information included on the Cash Flow Worksheet)
You can change any of the information that appears in the Worksheet view to better estimate your cash flow needs. For example, if one of the default transactions indicates you'll be spending $1,000 for June's commission payments, but you know you'll spend only $500, you can change that amount. If no commission payment were needed for June, you could delete the amount entirely.
You can also add transactions to the Worksheet view. To do this, scroll to the bottom of the list and add transaction information in the blank line. When you're finished, press TAB to create a new blank line, where you can enter additional transaction information.
Changes, deletions and additions you make in the Worksheet view are used for purposes of the Cash Flow Worksheet window only. The changes you make here won't be reflected anywhere else in the AccountEdge system.
Because each company's business practices are unique, we can't tell you precisely what you should look for when you review your cash flow. Your accountant can give you more ideas based on the way your company does business.
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