Cashflow Forecast - Not including regular Journal Entries
One of my clients uses factoring and invoice discounting. All their invoices are marked paid and paid from a Due from Factor account. Advances for the invoices are taken by recurring Journal debiting the Due from Factor account and crediting the Bank Account. There is around 10% of the invoice value left in the factoring account until the client pays the factoring company for the invoice and the final 10% is released. It just gets transferred by BACS in the normal course of drawings against invoices.
It appears that the cashflow forecast does not take into account any of the credits from the Journals at all, even though there are regular payments each week into the bank account.
The Cashflow forecasting doesn't work for my major client at all.
Can you clarify how the Cashflow forecast can be set to take account for the credits by Journal? Or whether this can be suggested to the development team?