How money flows in and out of your business is a key indicator of its health. This metric, known as your cashflow, tells you at a glance how your business is doing financially.
View future income and expense projections
You have 4 key metrics available to review:
Money in
Money out
Savings
Balance (the difference between the previous 3 numbers)
You can choose between viewing to-date sums or projections. Money-in and money-out projections estimate upcoming booked payments and projected expenses. These are for reference purposes only. Real-time income and expenses might significantly differ based on changes that can't be predicted.
From the navigation menu, select Finance > Balance
Under "Cashflow planner," select what time range you want to view your insights for:
Choose a to-date time range to view to-date sums, for example, month-to-date
Choose a projection time range to view projections, for example, next month
📚 Tip
Select View cashflow details to get a breakdown of exactly what income and expenses make up your balance. Your time range will determine whether you see historical or projected numbers.
What the numbers mean
The 3 numbers, Income, Expenses, and Balance, give you information about how your business makes and uses money. The following table explains what each number includes and excludes. The types of income and expenses marked with "To-date only" aren't taken into account when determining your projections.
Insight | Includes | Doesn't include |
Money in |
|
|
Money out |
|
|
Savings | Money that sits in a savings bucket or tax savings bucket | N/A |
Balance | The difference between "Money in" and "Money out" | N/A |
Still have questions? Feel free to send us a message by clicking the Question Mark icon on any HoneyBook page. Our team is always happy to help!
HoneyBook is a software company, not a bank. Banking services are provided by Lincoln Savings Bank, Member FDIC. HoneyBook Visa Debit cards are issued by Lincoln Savings Bank, Member FDIC. HoneyBook is not FDIC insured. FDIC insurance only covers the failure of an insured bank.