CashFlow Centre and Savings Planner give different cash flows for the month

Legacy KB ID: 4041

Question

Why is there a difference between the CashFlow Centre’s estimate of monthly cashflow and the Savings Planner?

Answer

The difference is due to different methods of using the information in the Bank Register.

Savings Planner looks at the annual cashflow and divides the total by 12.  The Cashflow Centre uses expected cashflow items for the month.  Because of timing and the frequency of inflows and outflows – eg 5 weekly pays in one month - there can be a discrepancy between the projected cashflow by the Cashflow Centre and that calculated (from monthly averages) by the Savings Planner. 

Our Product Development Team is investigating the issue.