What is the purpose of the money bar in QuickBooks Online?

The money bar in QuickBooks Online serves to quickly visualize overdue invoices. It provides users with a clear and straightforward graphical representation of their accounts receivable situation—specifically highlighting which invoices are overdue. This feature is particularly helpful for business owners and accountants who need to manage cash flow effectively and ensure timely collection of payments. By having an immediate visual cue for overdue invoices, users can focus their attention on follow-ups and collections, thus maintaining better financial health for their business.

While options regarding tracking budget limits, displaying overall company performance, and providing access to reports are important functions within QuickBooks Online, they do not directly relate to the specific functionality that the money bar provides. The money bar is designed as a practical tool to enhance visibility and management of receivables, primarily focusing on overdue items.