Award-winning accounting software provider FreeAgent has launched some exciting updates to its Cashflow feature. Here's a quick rundown of the changes we’ve made to help you build even more reliable forecasts for clients.
We’ve improved our prediction algorithm to include more ‘fixed cost’ payments, like rent and professional fees, to improve the accuracy of your clients’ Cashflow forecasts.
Manual and predicted events
Manual events can now be added to clients’ Cashflow calculations, which is useful when you want to tailor their Cashflow picture.
You and your clients can also change the dates of predicted events, such as the date they expect to pay a particular bill or receive payment for an invoice. This may come in handy if your clients expect a particular invoice to be paid late.
You and your clients can now send payment reminder emails to their late-paying customers directly from the Cashflow feature.