General Cashflow
How to input Franking Credits
You can use the Quantity feature to record any franking credits on dividends received. Adding Franking Credits in dividends Firstly, you will need to change the name ‘Quantity’ to reflect your purpose of recording Franking Credits. Select the ...
How Do I Create An Account-Based Budget?
The latest version allows you to create Account-based Business-based budgets. This means you can produce budgets for specific Cashflow “accounts”, or for the entire “business”. Both the Account and Business Budgets can be accessed via the Side Panel. ...
How Do I Reconcile My Cash Account?
A Cash Reconciliation is simply a check that the Cash on Hand per your Records equals the Actual Balance of Cash on Hand. This can be done as often as you wish. The Cash on Hand per your Records automatically calculates from: - the Opening Cash ...
What Do I Do If I Cannot Reconcile
1. Check that the Opening Balance per your Records is the reconciled balance from the month before. (To find your Opening Balance, click on [Settings], then click on the Opening Bank Balance tab). 2. Check that the amount you have typed into the Bank ...
Completing your Cash Reconciliation
A Cash Reconciliation is simply to check that the Cash on Hand per your Records equals the Actual Balance of Cash on Hand, in the “Cash” Account of your file. This can be done as often as you wish. The Cash on Hand per your Records automatically ...
Learning Cashflow Manager BAS Basics
BAS Reporting Cashflow Manager makes reporting your Business Activity Statement (BAS) figures to the Australian Tax Office (ATO) simple. Before you are ready to report your BAS, ensure that your transactions have been entered into the correct ...
How Do I Create A Business Budget?
Creating Account-based and Business-based budgets allows you to produce budgets for specific Cashflow “accounts”, or for the entire “business”. Both the Account and Business Budgets can be accessed via the Side Panel. How do I create, save and delete ...
How Do I Reconcile My Bank Statement Manually?
A Bank Reconciliation is simply a process that matches your Money In and Money Out Records with your Bank Account. It is an important process because it provides you with a check as to the accuracy of your records and can therefore save your ...
Formatting your downloaded bank statement
1. Download a file from your Bank’s website to use as a template. 2. Click on the [Add New] button to set your default Financial Institution. 3. Browse to the Bank file that you downloaded. Open the file. Your data will be displayed on the left side ...
How Do I Customise Money In And Money Out Columns?
How Do I Customise Money In And Money Out Columns? Select the Customise Columns icon, or select [Tools] in the top left, and select [Customise Columns] The page that appears will give you the option to customise your ‘Money In’ or your ‘Money Out’ ...
How to unlock a month - Bank Reconciliation
There are 2 ways to unlock a month depending on the colour padlock you have. To remove a red padlock: 1. Select either Money In or Money Out on the left under Cashflow. 2. Go to File in the top left 3. Select Accountant Export 4. Then Unlock Months ...
What Do I Do If I Cannot Reconcile?
1. Check that the Opening Balance per your Records is the reconciled balance from the month before. 2. Check that the amount you have typed into the Bank Statement Closing Balance is the end of the month balance according to your Bank Statement. 3. ...
Recording GST-only amounts
How do you record a payment where the total amount is for GST? An example may be Internet Connection fees with the balance being paid before GST started. To record this in Cashflow Manager, record the amount you are paying (i.e. the GST) in the ...
WET- Wine Equalisation Tax explained
Wine Equalisation Tax is a tax on the last wholesale sale (i.e. a sale to a reseller) of wine in Australia. (Wine includes grape wine, grape wine products, other fruit or vegetable wines, cider, Perry, mead, and sake. Wine equalisation tax is imposed ...
Duplicating your Bank Account
Duplicating your bank account is a helpful trick if you want to add a new account with the same column headings. 1. Be in your current account in either money in or out 2. Go to 'Tools' in the top left 3. Select 'Options' 4. Then select 'Duplicate ...
Amounts Deducted From Gross Receipts
Many businesses have amounts deducted from gross receipts. For example, if you receive Diners Club or American Express the service charge fees are deducted and only the net receipt is shown on the bank statement. Other people have fuel or materials ...
Editing the GST amount
To change the GST amount on an entry in your, first 1. Ensure the line has been completed. 2. At the start of that line there will be a little square before the day number 3. Right-click on the square and select [EDIT GST]. 4. You can then change the ...
GST Types And Codes In Cashflow
All business registered for GST use the business activity statement (BAS) to complete their GST returns. Your reporting and payment period is shown on your BAS and will be monthly, quarterly or annually. You use a BAS to report and pay the GST your ...
Map your downloaded bank statement
Bank Statement Mappings allow you to take a portion of the transaction descriptions that are always present in the downloaded bank statement (typically Customer and Supplier names) and select which column you want these transactions placed in when ...
How Do I Lodge My BAS Via SBR?
To use this function, please note that you must first have registered for this option with the Australian Taxation Office and have a connection to the Internet. 1. Click on the 'Reports' tab in Cashflow Manager. 2. Select 'BAS' and then click ...
How do I link my Keystore file on SBR
On the SBR Settings form, click on the Select button (Under myGovID Credentials next to the Keystore field Select the KeystoreNew.xml file and click on open. You can then proceed to enter the password and relevant details, then lodge via SBR.
How Do I Change My Opening Bank Balance?
To add in or change the opening bank balance for your account, first go to Bank Reconciliation. On the home section of the reconciliation, select [Settings] at the bottom of screen. Then select [Next] in the bottom right, it will then ask for your ...
Cashflow Manager Basics
Cashflow Manager records the money in (Receipts) and money out (Payments) transactions of your business. You can also reconcile your bank and cash transactions to ensure that your records are accurate and in preparation for lodging your GST and BAS ...
How Do I Adjust The GST On My BAS?
You may need to make adjustments that increase or decrease the net amount of GST you're liable to pay for a reporting period. You may have an adjustment if one of the following occurs: An event that has the effect of changing the price of a sale or a ...
How do I lodge my BAS online?
The BAS and GST reports can be lodged online through the program using the Australian Taxation Office (ATO) business portal. To lodge your BAS online: 1. Click on the Reports tab under Cashflow 2. Select the BAS Report and click the [Continue] button ...
SBR reporting using myGovID
There are four steps that need to be followed for users to be able to use SBR reporting with a myGov in Cashflow Manager. 1. Set up myGovID - https://www.mygovid.gov.au/how-do-i-get-set-up 2. Link your myGovID to your business - ...
How Do I Import My Bank Statement for Bank Reconciliation?
A Bank Reconciliation is simply a process that matches your Money In and Money Out Records with your Bank Account. It is an important process because it provides you with a check as to the accuracy of your records and can therefore save your ...
How do I provide information to my accountant?
1. In the ‘Cashflow’ section of the program, click on the word ‘File’ (Top left-hand corner). 2. Click Accountant Export. 3. Click Export to Accountant. 4. Select the account(s) you wish to export. ‘All Accounts’ is the default selection, but you can ...