Monitor your Cash Objective

It is essential for every company to set cash flow objectives and achieve them in order to cover all of its costs and expenses.

The Monitor > Cash Objective page provides a historical overview in the form of a graph that shows, for each month, the payment forecasts, the cash receipts, and the cash objectives set by the company.
This allows you to easily identify any discrepancies between the defined objectives and the received or forecasted cash receipts, so that appropriate corrective actions can be implemented to reduce the gaps.

The cash objective page is accessible to account administrators.

Understanding the Cash Objective Graph

This graph provides an up-to-date snapshot of:

• Cash receipts (green) showing the total amount of entries that have been lettered during the selected month.

• Cash forecasts (orange for overdue and blue for not yet due) showing the forecasted cash receipts for the selected month.
  
  

The cash forecasts are calculated based on the due date of the entries and can be entered in two places within the Clearnox interface:
- Monitor > Forecasts page
- Account balance from the client page

• Set objectives (splines) that you can enter for each month by clicking on the gear icon at the top right of the page.
  
  

Then, click on the "Configure values" button to input the objective for each month and save it.

You can configure up to three objective curves to set a pessimistic, realistic, and optimistic target, for example, by clicking on the "Add spline" button.

Viewing Detailed Forecasts and Cash Receipts

From the graph, you can click on the forecasts for a given month (orange or blue section). The "Expected in..." block will appear below the graph, showing the detailed forecasts for the selected month.

The "Payment date" column corresponds to the forecasted payment date of the entry; if not available, it will show the due date.

If you click on the cash receipts for the month (green section) from the graph, the "Paid in..." block will appear with the detailed entries lettered during the selected month.

The "Payment date" column refers to the date of the credit entry that lettered the debit entry.