Alternatively, my MYOB skills are severely challenged ;).
The company is coming out of its traditional New Year’s cashflow crunch. Our sales in January and February normally represent about 6% of annual sales. As a result I’ve been monitoring our cashflow more closely than normal. Making payroll and paying suppliers is a good thing.
Anyway I’ve been forced to track our main account in a spreadsheet to forecast our cash needs over a 2-12 week horizon. Specifically I wanted to juggle dates to pay certain bills. A spreadsheet is not the easiest tool for that as I need to enter every transaction twice — once in MYOB and again in the spreadsheet forecast.
If anybody knows a way of doing this in MYOB please let me know! You’d think a small business accounting package would have a tool to do what-if analysis.
Anyway Easter will be tough and then its a nice ride up to Christmas. This year I’m putting a bigger buffer in place for next year’s slow down.