Current cashflow and cash forecast

Open Current cashflow from the portfolio's menu. Its first part, Monthly cashflow, adds up the year's income and spending, rent, loan repayments and operating costs, then divides by 12. Every amount is taken as recorded, with no growth over the year and no allowance for vacancy.

The sentence under it reads An average month brings in $10,026 more than it pays out, and a tax payment of about $4,417 is expected after 30 June 2027.

Cash received has up to four kinds, each with its share of the total.

• Employment, after withholding: pay less the tax and HELP an employer would withhold. Select the Cash received heading to see each pay.
• Rent: the year's rent over 12 months. The Mitchells' $145,600 is $12,133 a month.
• Other income, such as dividends.
• SMSF contributions: employer super paid into a fund's cash account.

Cash paid has up to seven kinds.

• Living expenses, and operating costs such as rates, insurance and repairs.
• Loan interest and loan principal. Each loan starts from its balance as the year opens. Interest is charged on the balance less any linked offset cash, at the rate then in force.
• SMSF expenses, and the contributions tax a fund pays.
• Other cash paid, such as a personal super contribution. Daniel's $5,000 a year is $417 a month.

Select a figure to see its working. What is left of the rent after costs works through one property's month.

Ownership and cashflow splits the month by who holds the money. A company, trust or fund can have cash to spare while a person runs short. That cash is not the person's to spend.

• Cash held by legal owner: each owner's cash today. A joint account counts by share, so Daniel and Emma each hold $166,381 of the Mitchell offset. A trust or company reads Not personal spending money, and a fund reads Super access rules apply.
• The note under it says how much of the cash sits in offsets, here $332,763. An offset lowers interest but does not repay the loan.
• Monthly cashflow by legal owner: what each owner has left in an average month. Daniel has +$5,268, Emma +$139 and Mitchell Holdings Pty Ltd -$262. The expanded view adds Monthly cashflow after tax, which takes off a twelfth of each owner's payment due after 30 June, or adds a twelfth of their refund.

Cash result by property gives each property's rent less its operating costs and loan payments, before tax and before the split between owners.

Structure funding, when recorded, lists money one owner gives another without repayment, such as a person funding their trust. It is not income or a tax deduction.

Monthly super contributions lists each contribution with its Gross, Contributions tax and Net to super. Daniel's employer pays 12% of his $16,800 monthly pay, which is $2,016. Less $302 tax, $1,714 reaches his super. Individual super is not spendable cash, so it sits apart.

Annual tax settlement estimates what each owner pays or gets back after 30 June. It is kept out of the monthly figures. It is an estimate, not an ATO assessment.

• By legal owner takes each owner's estimate from what was withheld and already paid. Emma had $44,094 withheld against $31,403 income tax and $11,637 HELP, so she gets $1,054 back. Daniel's estimate is $15 more than his withholding, so he pays $15.
• Combined position adds every owner together.

SMSF tax liability is the fund's share of the estimated income tax. It is shown again, not added twice. The settlement is $106,709 less $99,489 and $11,637, which is $4,417 to pay.

Rentals lower tax and HELP by compares the estimate with and without the rentals. It is $475 for the Mitchells. Property tax and CGT estimates explains which records the tax estimates read.

Each fund has its own panel. Deductions, past losses and exempt pension income come off its assessable income, and the rest is taxed at 15%. The contributions tax the fund already paid comes off that.

Due in the next 90 days shows what is coming. Money in and out charts the running totals from today. Payments due lists each payment by date. The Mitchells' first are the Elizabeth house's yearly costs on 5 Oct 2026, such as Council rates, Elizabeth house -$1,750. Rent shows as money in, such as Armadale house +$600 each week. A cost set as a share of rent has no fixed amount, so it is left out.

When a sale or loan payout is recorded, Recorded movements and credits appears. Completed cash movements lists the cash it moved, which is already in the recorded cash. Tax withheld from sales lists foreign resident capital gains withholding (FRCGW) a buyer paid to the ATO. It counts toward that year's tax, not as cash received.

Open Cash forecast from the portfolio's menu. It starts from each owner's cash today. Every month adds income and rent and takes off spending, costs and loan payments. Each year's tax settles after 30 June.

The sentence under it reads Every legal owner's cash lasts to the end of the forecast. When an owner's cash falls below $0, the outcome adds a line that names the owner and the date. The sentence then names each owner who runs short, earliest first, and how much more cash they would need.

Say expenses grew 10% a year instead of 3%. The Mitchells would still hold $1,602,333 at the end. But the page reads Mitchell Holdings Pty Ltd's cash runs out on 13 Nov 2035, and would need $6,181 more. The company's shortfall stands, because the others' cash does not cover it. The sentence ends The answer rests on the recorded income, living expenses, properties, loans and cash, each linked to its list.

Portfolio cash path draws two lines at each month end. Closing cash is after each tax settlement. Before tax settlements leaves them out. On 30 June 2027 they read $631,040 and $635,916. The $4,876 between them is that year's settlement.

Net cashflow by year gives each year's surplus or shortfall after its settlement. The first and last years are part years.

Two closed panels sit under the answer. Open one, change a figure, and the forecast works its answer out again. Nothing is saved. Leaving the page puts back the defaults, unless you leave through a link to fix a record the forecast asked for.

Each rate can be from -99.99% to 100%.

Cash accounts has a Cash account for each owner, the account their money goes in and out of. Left at As in Cash routing, it follows Cash routing on the Other assets page. Daniel's and Emma's is the Mitchell offset. An owner with no cash account balance dated on or before today gets a notice that they have no eligible cash account, with Add other asset.

Stress test and Refinance have panels of the same names.

Cash by legal owner draws one cash path for each owner. Select a chart's title to see that owner's forecast schedule, a row for each year.

• Each row has Opening cash, Cash received, Cash paid, Annual tax settlement, Net cashflow and Closing cash. Daniel's 2026-27 opens at $166,381 and closes at $202,535.
• Lowest cash by legal owner gives the least cash each owner holds, and the first day they hold it. A low early in the forecast is often one large bill.
• Cash at forecast end by legal owner gives each owner's cash on the last day.

The trust's lowest day is 5 Oct 2026, when the Elizabeth house's six yearly costs fall due together.

The expanded view of either chart lists Owner outcomes, then a Legal owner picker for each owner's schedule. Closing HELP balances follows. The Mitchells' reads No legal owner has a HELP balance at the end.

Cash routed to offsets shows where spare cash lowers a loan's interest. An owner's spare cash moves only into that owner's own offset. The Mitchells' reads Mitchell home loan's offset account is held jointly, so surplus cash is not moved into it from another account. What an offset account does explains why.

Included movements lists the sales, payouts, tax withheld from sales and structure funding the forecast counts, when any are recorded.

Download PDF saves either page. The forecast's copy ends with the assumptions it used. A Business account can also send it to the client.

A missing figure is never read as zero. The page names what to record.

• When the records cannot support a month, the page reads Current cashflow unavailable and lists the records to add, each with its action.
• A single figure that cannot be worked out reads Unavailable. Select it to read why.
• When tax cannot be estimated, the forecast says why and shows Portfolio cash path before tax and HELP. Every year is then shown before tax and HELP.

Setup lists every record a result is waiting on. Portfolio position shows the same month beside the rest of the portfolio.