How to create a non-cash forecast that doesn’t touch your bank (a journal)

Using FUTRLI Advanced Options you can override the default behaviour of a Forecast Item and set it to No Cash. This will remove the Cash Flow element of the Item.

Written by Matthew Cawthra

Overview

Using FUTRLI’s Advanced Options you can override the default behaviour of a Forecast Item and set it to No Cash. This will remove the Cash Flow element of the Item. Setting a Forecast Item to No Cash is recommended when forecasting Depreciation or when wishing to perform Journal movements without a Cash element.

Requirements

The No Cash option can only be used when:

  1. The payment terms for the Forecast Item are set to zero
  2. The VAT % for the Item is set to zero

How to

Step One

When creating a new Forecast Item, navigate to the Account Line you wish to create the Forecast Item against and select the green plus button. When editing an existing Forecast Item, navigate to the Line in question and click the cog:

Screen Shot 2017-01-19 at 10.28.14

Step Two

Select Advanced options. You’ll find this option displayed in the bottom right:

Screen Shot 2017-01-19 at 10.29.18

Step Three

After selecting Advanced options you will be presented with an option to override the default Double Entry Postings. Using the first dropdown select No Cash:

Screen Shot 2017-01-19 at 10.30.13