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Overview

The Cash Account tab in Cashflow 2.0 provides a comprehensive view of the inflows and outflows of cash for the Client, Partner, and Joint Entities.

This detailed breakdown helps in monitoring and managing cash movements across these entities.

Access

To access the Cashflow 2.0 Cash Accounts tab, open a client record, hover over the Cashflow tab, and select Cashflow 2.0 from the drop-down menu.

Open an existing Scenario or create a new one by selecting the blue+ button, entering a Scenario Name, and ticking the available setup options.

The Cashflow 2.0 landing page will open directly on the Cash Accounts tab, which is the first tab in the sequence of available options.

The Overall Postion provides a consolidated approach to managing and tracking cashflow for both the Client and Partner. This unified system simplifies financial planning by centralising all cash-related transactions, making it easier to monitor, analyse, and optimise cash management.

The Overall Position provides a unified system for tracking and managing cashflow for both the Client and Partner.

It consolidates income, expenses, and transactions into a single sheet, simplifying reporting, enhancing transparency, and fostering collaborative financial decision-making. This approach ensures efficient management of surpluses and deficits while supporting joint financial goals.

To view individual values for the Client, Partner, SMSF, or any Business or Trust entities select the option from the drop-down menu.

This allows you to isolate and analyse specific financial data for each entity, ensuring a clear and detailed understanding of their individual contributions and cashflow dynamics.

Data Sources for the Cash Account Tab

The information displayed in the Cash Account Tab flows from several key sections in AdviserLogic:

Fact Find Income and Expenses	All income and expense entries populate directly into the Cash Account
Fact Find Insurance	Insurance premiums entered here with the Show in Cashflow toggle enabled are reflected in the Cash Account. Considerations Premiums are categorised based on ownership: Premiums show in the Cash Account tab if the owner is Client or Partner. If the owner is a Superfund, they show in the Super sheet.
Assets Bank Deposit Section	The Opening Balance of the Cash Account is derived from the cumulative sum of bank deposits* in the Assets tab where the owner is Client, Partner, or Joint. * Only bank deposits without the Term Deposit checkbox enabled are included in the Opening Balance.
Interlinking with Other Cashflow Sheets	The Cash Account sheet dynamically integrates data from other sheets in the Cashflow module, such as: Tax payable entries show as expenses for the respective entity. Super Withdrawal entries appear as income.

👉Fact Find Data Accuracy

Maintaining accurate and complete Fact Find data is essential for generating precise financial reports, projections, and recommendations. Particular attention should be given to critical data points, such as the Date of Birth for both the Client and their Partner.

Accurate Date of Birth information is essential for ensuring precise age-dependent calculations, regulatory compliance and reliable scenario modelling

Ensure all Fact Find fields are regularly reviewed and updated to reflect the most current and correct information. This practice reduces the risk of miscalculations, and enhances the quality of financial advice.

Cash Accounts Rows

Financial Year	year
Inflows (Client)	Displays the client's inflows broken down by type as entered in Fact Find and Assets
Taxable earned Income	Displays income as entered in Fact Find for the client. You can also add income directly to the model. For example, to project a pay increase or other income adjustments, simply right-click on the existing income row where you want to make changes and enter the updated income details. This flexibility allows for accurate scenario modelling and future planning. Additional Income can be added using the blue Plus+ button located at the bottom-right corner of the Cash Accounts tab. Alternatively, you can use the Add button in the top-right corner of the window, regardless of which tab you are currently on.
Investment Income	Shows income derived from investments, as recorded under Assets for the client. To edit an existing investment income right click on the row of the income to be edited and choose from: Edit Asset Delete Asset Redemption - Redeems all or part of the Investment Additional Investment - Make an additional Investment Reinvestment - Reinvest Investment Income Additional Investment Income can be added using the blue Plus+ button located at the bottom-right corner of the Cash Accounts tab. Alternatively, you can use the Add button in the top-right corner of the window, regardless of which tab you are currently on.
Pension and Annuity Income	Pension and Annuity Income: Reflects income defined in Superannuation > Pension or Income > Annuity for the client. Additional Pension Income can be added by navigating to the client's Individual tab, Pension tab, and using the blue Plus+ button located at the bottom-right corner of the Cash Accounts tab. Alternatively, you can use the Add button in the top-right corner of the window, regardless of which tab you are currently on.
Inflows (Partner)	Displays the Partners inflows broken down by type as entered in Fact Find and Assets
Taxable earned Income (Partner)	Displays income as entered in Fact Find for the partner. You can also add income directly to the model. For example, to project a pay increase or other income adjustments, simply right-click on the existing income row where you want to make changes and enter the updated income details. This flexibility allows for accurate scenario modelling and future planning. Additional Income can be added using the blue Plus+ button located at the bottom-right corner of the Cash Accounts tab. Alternatively, you can use the Add button in the top-right corner of the window, regardless of which tab you are currently on.
Investment Income (Partner)	Shows income derived from investments, as recorded under Assets for the partner. To edit an existing investment income right click on the row of the income to be edited and choose from: Edit Asset Delete Asset Redemption - Redeems all or part of the Investment Additional Investment - Make an additional Investment Reinvestment - Reinvest Investment Income Additional Investment Income can be added using the blue Plus+ button located at the bottom-right corner of the Cash Accounts tab. Alternatively, you can use the Add button in the top-right corner of the window, regardless of which tab you are currently on.
Pension and Annuity Income (Partner)	Pension and Annuity Income: Reflects income defined in Superannuation > Pension or Income > Annuity for the client. Additional Pension Income can be added by navigating to the client's Individual tab, Pension tab, and using the blue Plus+ button located at the bottom-right corner of the Cash Accounts tab. Alternatively, you can use the Add button in the top-right corner of the window, regardless of which tab you are currently on.
FTB Income	Displays income derived from the Family Tax Benefit scheme.
FTB Part A Income	FTB Part A Income: Annual income from Family Tax Benefit Part A.
FTB Part B Income	FTB Part B Income: Annual income from Family Tax Benefit Part B.
Other Income	Lists all income entered as Other under Fact Find > Income or within the cashflow for both the client and partner
Withdrawal Balance	Total amount of withdrawals or deficits as per strategy or deficit management rules.
Return on Cash	Earnings generated from holding cash or cash-equivalent assets. Right-clicking this row opens the Cash Account form where you can amend the rate of Return from the defaults.
Total Inflows	Total combined inflows for client and Partner
Outflows (Client)	Includes the client's regular outflows
Loan Repayments	Displays loan repayments for the client.
Tax	Reflects taxes paid as a yearly lump sum, including those on superannuation products.
Outflows (Partner)	Includes the partner's regular outflows
Loan Repayments	Displays loan repayments for the partner.
Tax	Reflects taxes paid, including those on superannuation products.
Total Outflows	Displays the combined total of all outflows for both the client and partner.
Cashflow	The difference between Inflows and Outflows.
Closing Balance	Calculated as Opening Balance + Cashflow

Cash Accounts Tab Assumptions

The Cash Accounts tab provides a range of configurable assumptions, allowing users to tailor the cash flow projections to meet specific client needs.

These assumptions can be customised to align with unique financial scenarios, ensuring more accurate and personalised cash flow modelling.

You can adjust parameters such as Income, Expenses, and Account settings to reflect real-world financial conditions effectively.

Opening Balance Adjustments

To Enter or adjust Return on Cash and Overdraft Rates, right-click the Opening Balance row and select Cash Account Form.

You can also select the blue plus+ at the bottom-right corner of the Tab to open the Cash Account Form.

Cash Account Form

👉Default rates are drawn from Tools > Cashflow Defaults, but scenario-specific changes can be made here.

Calculations

Cashflow	Inflows - Outflows
Closing Balance	Opening Balance + Cashflow

Strategic Cashflow Management

The Cash Management and Cash Deficit functions provide structured rules for efficiently handling surpluses and deficits within the cash flow module. These rules ensure that available funds are allocated appropriately to achieve financial objectives while managing shortfalls effectively.

You can access these Cash and Deficit Management rules by selecting the blue Plus+ button at the bottom-right of the window on the Cash Accounts tab.

You can also access these options through the Add drop-down menu located at the top-right of the window regardless of which tab you happen to be working on.

Surplus Management Rules

When there is a surplus of funds, the following rules guide its allocation:

Concessional Contribution Client	Direct surplus funds into the client’s concessional superannuation contributions to maximise tax benefits.
Concessional Contribution Partner	Allocate surplus funds towards the partner's concessional superannuation contributions to ensure balanced retirement savings.
Non-Concessional Contribution Client	Use surplus funds to make non-concessional superannuation contributions for the client, which may provide additional growth opportunities.
Non-Concessional Contribution Partner	Apply surplus funds to the partner's non-concessional superannuation contributions, supporting their long-term financial security.
Pay Off Loan	Use excess funds to reduce outstanding loan balances, minimising interest payments and improving cashflow.
Do Not Carry Forward Surplus	Prevent surplus funds from being carried forward by allocating them to defined goals or investments immediately.
Additional Investment	Invest surplus funds in diversified investment portfolios to enhance long-term wealth creation.

Using these surplus management rules, lets you optimise financial outcomes, maintain liquidity, and align cashflow with your client's broader financial strategy.

Deficit Management Rules

When a deficit of funds arises, the following rules are applied to efficiently address the shortfall and maintain financial stability:

Sell Asset	Liquidate non-essential or underperforming assets to generate cash needed to cover the deficit. This may include selling investments, properties, or other tangible assets.
Draw Pension	Access pension income streams to address cash shortfalls, especially for retirees with allocated pensions or similar arrangements. This option provides a sustainable way to cover regular expenses without taking on debt.
Draw Down Liabilities	Utilise existing credit facilities, such as lines of credit, overdrafts, or loans, to manage short-term deficits. This strategy helps bridge gaps while minimising disruption to ongoing financial plans.

These deficit management rules ensure that cash shortfalls are handled strategically, prioritising liquidity and minimising long-term financial impacts.

Managing Deficits Using the Opening Balance Feature

Effectively managing cash deficits is a critical aspect of cashflow planning. The Opening Balance functionality provides a streamlined way to address cash shortfalls using available funds within the cash account.

This process ensures financial stability without requiring external borrowing or disruptive adjustments.

Activate the Deficit Management Option

From the Scenario, hover over the three-line menu at the top right of the window, and select Edit Scenario from the drop-down options.

Open the Advanced Options.

Enable the setting for Withdraw Cash from Cash Account in Case of Cash Deficit. This ensures the system can automatically access available funds to address shortfalls.

Specify a Minimum Cash Account Balance to safeguard liquidity. The system will maintain this minimum level, utilising only surplus funds above the threshold to cover deficits. This helps protect against over-withdrawal and ensures a buffer remains for unexpected expenses.

Tracking Withdrawals in Cashflow Reports

Any amounts withdrawn to cover deficits are categorised as Inflows > Withdrawal Balance within the Cash Accounts Tab. This clear categorisation allows for transparent tracking and reporting of how deficits are addressed, ensuring alignment with your financial strategies and plans.