Learn/Runway/How your runway changes
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How your runway changes
Control shows your runway and what moves it. Record the client's payment and watch the days go up: paid money is the only thing that moves it.
What you see in the video
- 0:03Control opens with your runway: how long the money lasts at what goes out.
- 0:10Below it, what moves the number. The invoice you sent is money owed, not money in.
- 0:14The client pays. Record it the day it arrives.
- 0:27The amount and today's date are filled in. Change them if the client paid less, or earlier.
- 0:32Record payment.
- 0:34Paid. The invoice leaves To collect.
- 0:45The runway moved up, by exactly what came in. Paid money is the only thing that moves it.
- 0:49Not a promise, not an unpaid invoice: money in the account. Next: when an invoice is late.