Replies posted by Kyle Christensen

3 Replies

K
Kyle ChristensenNew Decimal
asked in General

Cash balance

I would but that would unfortunately mess up our Quickbooks and would be incorrect from an accounting perspective. I think the issue is Digits calculates Total Cash as equal to cash in bank accounts, but does not include “Other Current Assets”. It would be great at some point if we were able to define what asset categories we considered to be “Total Cash” from an overall liquidity perspective

5
Michael
1 month ago
K
Kyle ChristensenNew Decimal
asked in General

Cash balance

Current assets is a common metric on any company’s balance sheet and in Quickbooks. It looks like Digits has charts for Total Assets and Total Liabilities, but there should be a way to edit and combine different asset categories to create charts. Most companies these days keep much of their cash in liquid money market funds (which would fall under Current Assets, not Cash) in order to take advantage of high interest rates. So a company’s true cash balance would be Cash + Current Assets. Without the ability to include Current Assets, all of the cash and runway pre-made charts are not useful for us.

5
Michael
1 month ago
S
ShaunNew Decimal

Ramp IntegrationNew

Ramp and Brex integration would be very useful!

3
Michael
1 month ago

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