What is one primary function of the Cash flow planner tool?

The Cash Flow Planner tool is designed specifically to forecast future cash flow based on transaction history. This function allows users to take previous financial data, such as income and expenses, and project how these will impact their cash position in the future. By analyzing historical transactions, the tool helps businesses anticipate future cash inflows and outflows, enabling better financial decision-making and planning for any potential cash shortages or surpluses.

The other choices do not accurately represent the primary function of the Cash Flow Planner. For instance, estimating tax returns involves a different analytical process that considers various tax regulations and obligations rather than cash flow management. Managing payroll expenses is a distinct function primarily focused on employee compensation rather than overall cash flow. Lastly, creating detailed balance sheets involves reporting on assets, liabilities, and equity at a specific point in time, which is fundamentally different from the dynamic forecasting of cash inflows and outflows that the Cash Flow Planner provides.