Manage Your Cash Flow

QuickBooks Online makes it easy to generate your cash flow statement

  • Organize your financial data and review your cash flow statement in one central location
  • QuickBooks Online makes it easy to manage your cash flow - always know how much cash is on hand
  • Access your cash flow statement and other financial reports anytime and from anywhere
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Cash flow statement

Cash flow refers to the movement of money into and out of the business. Cash flow should not be confused with profit as these are two different things. Profit refers to the difference between revenue and cost over a period of time, whereas cash flow measures your cash on hand. In fact, you may be profitable but still not have the cash you need to pay your employees, vendors, or creditors. Income may exceed expenses in a given year, but the cash from the income may not arrive in time to pay bills as they come due. Therefore, a business needs to manage its cash flow to ensure that it has enough money coming in to pay its bills today.

QuickBooks Online provides the data and reports that small businesses need to manage their cash flow. QuickBooks Online is # 1 in cloud accounting for small businesses1. It organizes and tracks all of your financial information in one place, making it easy to generate the reports you need to manage your cash flow. QuickBooks Online puts the cash flow statement, also commonly referred to as the statement of cash flows, at your fingertips. In just a few clicks you can generate the cash flow statement so that you can measure your financial health on a regular basis.

QuickBooks Online provides reports that help you manage your cash flow

In most businesses, revenue does not come in at the same time as costs have to go out, and this is where understanding cash flow is critical. Managing cash flow refers to the activities that businesses undertake to control the delay between the time they have to pay their suppliers and the time that they collect cash from customers. Businesses manage cash flow by delaying cash payments as long as possible while encouraging anyone who owes money to pay as quickly as possible.

A business can be profitable but still not have cash on hand. For example, if you sell a product and send an invoice to your customer with 30-day payment terms, revenue is recorded for the sale but no cash has yet been received. Therefore, the cash flow statement is crucial in helping you to efficiently run your business.

QuickBooks Online provides a real-time look into your cash position. The Statement of Cash Flows is one of over 65 pre-installed reports in QuickBooks Online and it is generated in just a few clicks. You can review your cash flow for the past month, quarter, or year - or you can choose to manage your cash flow on a daily basis and generate the cash flow statement each day. QuickBooks Online organizes all of your financial data in one place so that you have the reports and information you need to efficiently manage your business. Try QuickBooks Online for free.

1 Based on number of paying users as of August 2012