Once a trading plan has been created and saved, you'll next want to review a client's cashflow and taxes to ensure the trading plan will work for the client. (Currently the Cashflow page will not display the entered data until a trading plan has been created first.)
Reviewing the cashflow
1. When you're on a client's page, click the Cashflow button from the Clients menu to start reviewing the cashflow. The figures that appear populated on this page are based on the annual amounts. The recommended way to get witholding and tax information is by using the Paycheck Extrapolator from the Income page.
2. You'll be able to view cashflow for different years by selecting the Year dropdown menu in the top right corner.
3. If additional cash events need to be added for the selected year, under the Other Cash Items section, click the Add Cash Event button to add additional cash line items.
For example, if the client wants to purchase a home or will receive a windfall from an inheritance, you can add that information in this section. Additionally, if you want to reflect what the client is spending elsewhere, such as fixed expenses, you can add that here as well.
4. Once the cashflow has been reviewed and validated, next review the Tax section with the client before a trading plan is ready to be shared.