I would like to start using the cash flow planer but I have a quick question about how to most effectively use it when it comes to paying bills. Here's the example:
Any help would be greatly appreciated!
It’s great to see you in the Community, DCI1.
I appreciate the detailed information about your concern. It gives me a better picture of what happened to the issue.
Based on the details, you can enter them into the planner as a new Event. The tool will forecast the money in and out of your business. Please know you can change events in the Cash Flow feature without affecting or changing your books. Let me help and guide you on how to add one.
Let me share this guide for more insights about the process: Use the Cash Flow planner to predict future income and expenses.
Additionally, this article provides an overview of how the tool works. Aside from that, it contains answers to common questions about the feature: Cash Flow Planner.
Please let me know if I can be of further assistance. I’ll be right here ready to help you. Wishing you and your business continued success.
Thanks for joining this thread, xtremecrane.
Yes, you are correct. You'll have to enter the transactions, as well as the event in the Cash Flow Planner to make the balance accurate.
Also, I would recommend seeking expert advice from an accountant to ensure your books will be precise. They can guide how to deal with recording them correctly in QuickBooks Online (QBO).
You can check these articles for additional details about Cash Flow Planner:
Feel free to comment below if you have any additional questions. The Community is always here to assist.