Fortune

How effectively does the software track cash inflows from sales and receivables?

The software tracks cash inflows from sales and receivables is very effective, as it integrates well with bank accounts to provide real-time insights into financial transactions. The software ensures that sales and receivables are accurately recorded and monitored by automatically capturing all incoming payments.

How does the software help in managing short-term cash needs or surpluses?

The software helps in managing short-term cash needs or surpluses by providing automated tracking of daily transactions, real-time account balances, and categorized spending insights. Each feature helps users understand funds and obligations through a unified dashboard showing incoming payments, pending invoices, and expenses.

How does the software integrate with bank accounts to update cash balances in real-time?

The software integrates with bank accounts to update cash balances in real-time through secure, direct connections that allow continuous synchronization of transaction data. Each linked account transmits deposits, withdrawals, and transfers into the software without delay, ensuring that the cash ledger reflects current balances at all times.

What are the monthly subscription costs for different plans?

The monthly subscription costs $10.99 and $30 for different plans, with tiered pricing based on feature access and business size. Each plan includes core accounting functions (automated transaction categorisation, real-time bank syncing via Plaid, and cash-flow reporting).

What is the cost of cancelling a subscription for accounting software?

There is no cost of cancelling a subscription for accounting software. The accounting software allows users to terminate their subscription without incurring additional charges or penalties. Each account remains active until the end of the current billing cycle, after which access to premium features is discontinued.