Understanding the dashboard
The WFM + Xero Cashflow Dashboard shows year-to-date cash inflows, outflows, current balance, and total cash flow, helping you assess if financial sources are sufficient to cover expenses. Trend analysis graphs highlight patterns, such as seasonal revenue spikes or recurring deficits, while detailed breakdowns identify key contributors to income and spending. For instance, you can pinpoint whether high marketing and administrative costs are offset by increased sales, aiding decisions on budget adjustments or investment opportunities.
Why is it important?
The Cashflow dashboard provides you with the following relevant information:
The dashboard provides a real-time view of year-to-date cash inflows and outflows, helping businesses monitor their financial health and ensure they can cover current expenses.
It features trend graphs that highlight cash flow patterns over time, allowing businesses to spot trends such as seasonal variations or recurring cash shortfalls, which aids in strategic planning.
The detailed cash flow breakdown by category provides clear insights into specific income sources and expenses, enabling more precise decisions on where to allocate resources or implement cost-saving measures.
Explore the WFM + Xero Cashflow Dashboard by clicking through the interactive demo below!
Interactive demo
Dashboard FAQs
What is Cash In?
Cash In is the money the business receives, such as from sales, investments, or loans. On the Cashflow Dashboard, this is shown in green.
What is Cash Out?
Cash Out is the money the business spends on things like bills, debts, and other expenses. On the Cashflow Dashboard, this is shown in red.
What is the Current Cash Balance?
The Current Cash Balance is how much money the business has available right now to cover expenses and unexpected costs. It’s calculated by starting with the beginning cash balance, adding cash inflows, and subtracting cash outflows.
How do I interpret the cash flow trend analysis shown on the dashboard?
The cash flow trend analysis shows inflows and outflows as bars and the current cash balance as a line over time. You want the line to go up, indicating that inflows are more than outflows. This means the business is financially healthy and managing expenses well, though some fluctuations are normal due to business cycles and seasonal changes.