cash flow planner now only allowing 12 month view VS 24. not good for me (and I imagine others, too)!
Please restore of the 24-month view within the QuickBooks Online Cash Flow Planner. As a business owner, the recent reduction to a 12-month maximum range significantly hinders my ability to perform long-term strategic planning.
While I understand the rollout of the new "Forecasting" tool, it is currently an insufficient replacement for the Cash Flow Planner for the following reasons:
Reliance on Historical Averages vs. Future Reality: The standard Forecast tool relies heavily on historical averages. For my business, past performance is NOT a predictor of future results. We input future invoices/estimates for projects with appropriate timing, etc. These vary significantly year to year and using historical average is not accurate.
The Power of Future Invoices/Estimates: The Cash Flow Planner’s greatest strength is its ability to pull in actual invoices and estimates already created in QuickBooks. This provides a "ground truth" forecast that historical averages simply cannot match.
Operational Visibility: Many of our contracts and project timelines extend beyond 12 months. By capping the view at one year (which then only graphs 2 months beyond current month), QuickBooks has effectively blinded us to the cash flow impact of invoices and milestones already scheduled for next "window."
The Cash Flow Planner is one of the most functional tools in QBO because it bridges the gap between accounting and proactive management. Please bring back the "24-month" range so we can continue to use our real-time data to plan for our business's long-term health.