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Best Practice for managing 13 week cash flow
Best Practice for managing 13 week cash flow
Jane Gilhooly avatar
Written by Jane Gilhooly
Updated over a month ago

When switching between the Monthly and Weekly view there are some best practices to be aware of.

Reconciliation - To get the most accurate weekly cash flow, your accounting software should be reconciled regularly. We recommend that you do this as frequently as possible - ideally weekly or every few days.

Budget Dates - Budgets should be set for an accurate date where possible. However for items like sales, that flow in consistently throughout the month, you might want to consider setting a weekly budget, rather than a one off monthly budget.

Weekly budgets will drop off after the week becomes historic.

Payroll - If you run a weekly or bi-weekly payrun, setting a budget frequency to match this will help keep the weekly view accurate.

Table view - As some account rows may need to be checked more frequently, it might be worth moving these accounts to the top of the section. Re-ordering the list of accounts can be done from within the 'personalise accounts section

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