The purpose of this section is to give you a clearer view on your financial situation based on the past and estimated transactions in a visual, easy to understand manner.
For example, it may be helpful to know how soon you will run out of money, given the available cash and the current spending rhythm. Or what are your biggest and lowest expenditures month by month.
Acces your ThinkOut Dashboard and check your relevant business indicators. Cash Available reflects the total amount available in all the accounts, converted to the base currency. The Estimated end of month shows how much money you’ll likely have in your bank accounts by taking into consideration the cash flow forecasts you added.
When checking the Business Activity you’ll observe the comparison between the Inflows and Outflows of the past 6 months.
You can refresh your bank connection directly from the Dashboard and check the trends of your Balance History in the past months or see the Inflows and Outflows category structure and distribution in a clear, simple way.
Check what transactions are not yet categorised and click on Review in order to organise everything based on your customisable category structure.
The whole section is filled with information that can help you, as a manager, to better understand the current situation of your business through the analysis of your cash flow.