for current plan, i'm trying to pull his c1 since his c1 is a major QoL for me. securing 5 billet for flowing purity in case i can't grab his BiS (cashflow), but if possible i want to invest him with the best build i can give to him. i try to search suitable catalyst, and able to narrow it between cashflow and tulaytullah. which is better to be used so i can play him more comfortably? cashflow's passive seems nice but i heard the base atk is rather low. while tulaytullah seems better + have higher atk speed buff (10%) but it's said to be his 2nd best aside from his BiS.

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When I'm talking about oxygen, I'm talking about cash, because that is the oxygen of a business, cashflow, making sure that you understand it fully, that you don't delegate it. It doesn't matter if you're not good at finances and all that sort of stuff, that's simply a set of excuses, because there is nothing more important, it is the lifeblood of an organisation of a business. If you haven't got a business that's generating cash, you haven't got a business, it is as simple as that.

If you're in that industry, for example, now may be the time to cut back a little bit, get your resources lined up because when things do start to, as I said, slingshot back, you want to be in the right place at the right time to be able to capitalise on that opportunity. When you are in this situation, the first thing you need to understand fully is your current cash position, your balance across. I always recommend doing at least a monthly cashflow analysis, if not a weekly one. In all the businesses that I have, we do weekly cashflow and we're always very conscious of the decisions that we're making that will affect cash.

The third area to think about is projected cashflow, just simply from your operations. You want to be looking for usually over about a three to four-month period, because that projected cashflow may show you some peaks and some troughs. Again, that just gives you additional visibility about how you can start to do things and just get a little bit more granular in the thinking of what you may need to do.

I have been able to get a reasonable amount working.

I can identify the start and end month, and convert that to months since the beginning of 2023 (as thats where data will start, and we need to go into next year. Thus Jan 2024 is month 13)

And from there I calculate the number of months the project straddles, and it calculates the $/month.


I can make an automation that links a project to the different months in a cashflow app whenever a date range changes.

However, it overwrites any previously linked projects (so it wont work). In addition, it won't delete its old months first. To do that, it would need to look for itself in the cashflow app, remove the links, and add new links.

How you manage your inventory will directly impact the cashflow of your small business and when you fail to effectively manage stock you are putting your business at a disadvantage. Why? Because your cash is tied up in that very stock.

The cashflow your business generates is largely dependent on how you source and manage inventory. Holding more inventory than what is needed for current sales forecast and demand means using available cash to pay for the surplus inventory and converting current cash into non-cash assets.

If financing your inventory works for your business in order to free up cashflow, then consider the cost-benefit analysis of this. However, ensure you implement a system that immediately pays off the debt when inventory is sold.

So the site is called cashflow.chase.com. It is really easy to use. And the best thing about it is it's customizable for your business. So what you will see is there are three main topics. Understanding Cash Flow, which gives you an overview. Increase Cash In-- you always want to make sure you're getting cash into your business and collecting it as fast as you can. Decreasing Cash Out-- or as I always tell my clients, managing your cash out. Making sure that you're spending less, and you're also spending it more slowly. Each topic has, really, five different modules in it. And I'm just going to mention them quickly, because we're going to get a chance to go into a little more detail. There are videos. There are articles. We also have case studies, interactive tools-- and really, what we're going to highlight in today's session, are the downloadable worksheets.

Great. Thanks, Devon. I know there were some other tools that I mentioned earlier on the cashflow.chase.com website. So can you please walk us through, maybe the competitor analysis worksheet, next?

So Heidi, in addition to increasing the amount of cash that's coming in, it's also important for business owners to think about fast-forwarding the timing of the cash that's coming in. And there's actually a great resource on the cashflow.chase.com website that outlines best practices for business owners to consider how to improve their receivables process, and ultimately maximize the cash on hand.

On the AccountingWeb Cashflow Forecast webinar yesterday, the panel mentioned several cashflow forecasting tools, but I didn't hear Float included in the list, which surprised me. I've looked at the software reviews on AccountingWeb, but there are no user reviews for either Float or Fluidly since 2018. Since both are quite new, I imagine they have changed quite a lot in the past 2 years.

My target market is small, service-based businesses looking to get a better grip on their cashflow, and potentially backing up an application for external funding. Which forecasting software do people find most useful in practice? I'm particularly interested if you have tried more than one and can compare pros and cons please.

For cash forecasting alone then most people default to Fluidly or Float. My preference is Fluidlybut many others prefer Float and in reality there's little between them. Don't believe the marketing hype - I find that cashflow forecasting is temporary to deal with a need (generally) whilst 3 way forecasting is more transaction driven. I think this also explains why neither app has had a review since 2018 - they were all the rage then, with big marketing to match, and now accountants, and possibly the apps themselves, have realised that the average SME is happy pootling along with a reasonable idea where there business is at and don't need an app to tell them what they already know.

These days my cashflow monitoring is every day noting down on the inside cover of my desk diary the total of our bank balances, it is amazing what one can read from the pattern- I have even considered inputting into excel to create a pretty wave chart.

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