Using the Cash Flow planner

One of the challenges many small businesses face is staying on top of their cash flow. Within QuickBooks Online, you can access the new Cash Flow planner. This planner will allow you to create real or hypothetical scenarios without affecting your QuickBooks data.

To access the Cash Flow planner, click on Cash flow located on the left menu bar, as shown in the following screenshot:

Figure 12.18: Navigating to the Cash flow center

The Cash flow center will appear as shown below:

Figure 12.19: Cash flow center window

Here is a brief explanation of how this tool works:

• The cash flow tool has three tabs (1): Overview (shown in the preceding screenshot), QuickBooks Checking, and Planner. On the Overview tab, you will have a cash flow graph that shows all 12 months of your fiscal year. You can also link accounts and get or send money, which we will discuss below. The QuickBooks Checking tab allows you to apply for a checking...