How to deal with the cash flow and the credit card.

[DaveC49]

I am not sure how the cash flow report deals with credit cards/liabilities.
Even then a cash flow statement can only deal with already recorded
transactions as you have indicated with your phantom transactions. Where a
cash flow report is really useful is in looking at seasonal variations from
past years and using that to predict the current year.

The difficulty with the credit cards is you don't know in advance how much
you are going to spend in a given month. Relaitively easy if you have a
fixed income and regular expenses but not so in general

Maybe using the business features to record the Bill from the credit card
company when it arrives to move the liability into Accounts Payable then
running a cash flow report might do the trick without having to advance
record the payment of the bill? 

David



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David Cousens
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