Capitalise have partnered up with SRA-regulated Escalate to offer a Capitalise recovery – a debt and dispute resolution service on the Capitalise platform. Here’s all you need to know courtesy of Capitalise. Unpaid invoices have always been a problem. 96% of SMEs have experienced a bad debt, and 70% of SMEs will have at least one commercial dispute every three years. What few businesses know is that they can recover some of those debts on a no-win-no-fee basis – with your help. Four types of bad debt that we can help your clients recover: individual debtors over 90 days old commercial discussions that have failed lost clients that haven’t paid old bad debts (written off within 3 years) All we need from you is a simple referral to kick off the process. Capitalise Recovery, in partnership with SRA regulated Escalate, streamlines the traditional process, reducing the barriers to your clients accessing cash. Each accepted case is fully funded through the high courts, if needed. Find out more about Recovery.
International company credit checks Now you can undertake credit checks on international companies. European Anti-Money Laundering ID checks We’ve expanded the AML ID check capability to individuals in Europe.
With Pixie's new custom tags feature, you can easily manage the status and stage of all your tasks.
Based on numerous requests from their customers, G-Accon has released a highly anticipated new feature – the ability to download bills and invoices in a customer’s currency. This can be done by using the Aged Receivables and Payables Detail and Summary report. This is useful in situations where customers have a set base currency, but sales are also made in a different currency. This new feature is integral when it comes to reviewing these customers’ cash flows because now you will be able to see how much your customers actually owe in whichever currency you choose. The client currency information is available through the Aged Receivables Detail and Summary reports. This feature also allows our customers to toggle between the company’s base currency and the transactional currency. All receivables and payables can now be seen in both the based and transactional currencies. How can I generate an Aged Receivables or Payables Detail reports? To get your accounting report data, you first need to be logged into Xero. Next, you need to go to the menu and select Add-ons -> G-Accon for Xero -> Get Accounting Reports -> Aged Receivables or Payables Detail. Select the report and the parameters Select the Aged Receivables Detail report from the drop down menu. There are a few required and a few optional attributes for the Aged Receivables or Payables Detail reports: 1. Report or Dynamic Report Date (Date format should be DD/MM/YYYY). You can select either a static or dynamic date range to generate the report. 2. Compare To (Previous Day, Previous Month, Previous Year) 3. Period of (1-12) 5. To Compare with (from 1 to 24) previous periods 4. Contact Group(s) 5. Report Layout (Traditional/Historical) 6. Display balances in the Customer’s currency (false/true) This field allows you to select which currency your report will be generated in (base/company currency vs customer’s currency) 7. Column Title. You have the ability to select the desired columns. 8. Tracking Category Change Pull Settings The Change Pull Setting allows you to perform the following operations: 1. Create a new Google Sheet 2. Display Report Title 3. Create Deep Link to Xero 4. Display Account Codes only 5. Keep Original Formatting 6. Remove Total/Summary Rows 6. Retrieve Headers 7. Create a Data Table around your Pulled Data 8. Freeze your Data Table Header 9. Exclude Auto Refresh 10. Display Report Summaries 11. Remove Empty Dividing Rows You can also provide the start cell. For example, A1. Alternatively, you can provide the name of your template in the Template Name field. For example, Template #1. How can I schedule automatic downloads? To schedule an automatic data refresh, you can create a workflow through the option Create Workflow to schedule the automatic refresh and notification processes. Automatic workflow allows users to create different workflows, include specific templates, set up different schedules for various workflows, and notify the customers, clients, and team members using different automatic notifications within the same spreadsheet. See the Automation process for further explanation. You also have the ability to simultaneously download data from the multiple G-Accon templates within the Google Spreadsheet to the multiple Xero organizations. Aged Receivables and Payables Reports allow you to generate reports in the base (company) currency as well as your customer’s currency by identifying the field ‘Display balances in the Customer’s currency‘ as true or false. In the example below, if you select ‘Display balances in the Customer’s currency’ to be “false“, then the Aged Receivables or Aged Payables reports will be generated based on your company’s (base) currency. Aged Receivables Summary in the Company’s (based) currency On the other hand, if you choose ‘Display balances in the Customer’s currency’ as “true“, then the Aged Receivables or Aged Payables reports will be generated based on your clients’ currency instead. Aged Receivables Summary in the Customer’s currency As a reminder, with G-Accon, you also have the ability to automate reporting, including Aged Receivables and Payables, emails, and alerts, upload data in bulk, save custom templates in the Cloud, and much more. To find out more about G-Accon, check out their directory listing.
How it works and our view on the integration.
ApprovalMax have released a direct integration to Receipt Bank, with approval workflow benefits for both QuickBooks and Xero customers.
Using data from Xero, QuickBooks, or Sage cloud accounts, Capitalise are able to build a picture of your client’s affordability
Chaser have introduced updates to their reports, the way they display data, and two factor authentication.
download multiple documents at once with AccountancyManager's new update!
Arthur is a cloud-based property management system with a functionally-rich suite of apps. By bringing all aspects of property management, including financial management, onto one platform, Arthur allows property managers to boost efficiency and save hours - anywhere, anytime.
6 new free guides on key topics including Pricing, Service, Education, Process, Technology and Marketing.
In partnership with our app partners we've put together a FREE content series to help you and your team to understand more about payments and the services you can offer around these.
Futrli have launched Predict, a forecasting solution dubbed the Sat Nav for your business. Predict is a short term (<1 year), 3-way forecasting solution. It’s made for small businesses that need 3-way forecasts not offered by Float or Fluidly, but need less functionality than Futrli Advisor. “Predict is the only forecasting software in today’s ecosystem that automatically generates live financial predictions by combining due invoices/bills with a small businesses historical profit and loss and balance sheet, to give a complete and accurate picture of short, medium and long term cash flow and business performance. Predict is also the only cashflow app to accurately forecast the next VAT due based on actual and predicted transactions.” Helen Cockle COO Futrli Standard Features A friendly user-interface, much simplified compared to Futrli Advisor. Integrations with Xero or QuickBooks Online to automatically pull data twice daily to generate automatic predictions for cash flow, profit and loss and balance sheet. You can choose which predictions to accept or change, exclude specific invoices or bills, and amend expected payment dates. Predict repeating or one off transactions (plus unit based predictions are on the roadmap). Set date of transaction and VAT, plus when it will be based (100% or split). What sets it apart? Predict is the only forecasting solution available that uses data within QuickBooks Online or Xero to generate 3-way forecasts – cash, P&L, and balance sheet. Using historic data Futrli Predict makes predictions, with each explained so you can understand the method behind the calculation. You can choose whether to accept the prediction or create your own. Predict will display your predicted VAT amount based on actual and predicted data for both cash and accruals methods, plus it will account for any deferred VAT. Some initial drawbacks The predictive forecasting hinges around the main bank account (determined within the settings), which may not always be appropriate. Scenario planning seems a little weak. There does not appear to be a clear way to set scenarios distinguishable from one another, nor to compare different scenarios. The way scenarios work is by toggling on/off predictions. This is much weaker than Float’s scenario planning, and also weaker than Fluidly’s. However it is important to note that they are “busy working on enhanced scenario functionality, allowing you to save and compare groups of predictions, and track their progress over time.“ The only forecast view available as at launch is monthly, whereas Fluidly and Float both offer daily and weekly views, however it is possible to create transactions that recur daily, weekly, monthly, quarterly, and annually. No draft invoice integration Things you won’t get White labelling. There is no reporting available other than the in-product P&L, Balance Sheet and Cash Flow forecast. It’s not possible to export the P&L, balance sheet, or cash flow forecast into any format, although a Google Sheets integration is planned. What’s the role of Futrli Advisor? Advisor is an all in one forecasting and reporting tool. Advisor is more suitable for larger clients that need KPIs, Management Reports, Dashboards, consolidations. There is no link between Predict and Advisor. Pricing All pricing is in dollars and starts at $72.25 per month, billed annually or $99/monthly. To celebrate the official launch of Predict Futrli are offering a 50% early bird discount on the prices below for BOTH Flow and Predict for 12 months. There is no minimum number of licenses. Roadmap Insight Here’s a few features on their product roadmap: Unit based predictions Enhanced scenario functionality, allowing you to save and compare groups of predictions, and track their progress over time. Unreconciled transactions view – allowing you to see how many unreconciled transactions there are in your accounting system that should be dealt with. Google Sheets import/integration We’ve added feature data to our cash flow comparisons, see how Predict compares to other forecasting solutions.
Predict now automates the calculations needed to ensure accurate VAT/GST predictions if you are on the Cash scheme
GoProposal's new email deliverability scoring system
Pricing services just got a whole lot easier for Xero accountants with Data Driven Pricing™ by GoProposal. Their unique integration with Xavier Analytics pulls in data from Xavier Analytics so that you can quickly see which options to choose in GoProposal. You can assign the client activity data to different line items and even to different options within a line item. This removes all ambiguity and gives you and your team, total confidence and complete accuracy when quoting a client. Find out more
Oversuite™ is a suite of smart engagement letters that evolve with regulatory changes & auto-update in GoProposal for you, enabling you to meet the highest levels of risk and compliance standards.
The integration opens up new frontiers for GoProposal users to integrate their sales CRM, such as Pipedrive, Capsule, HubSpot, Active Campaign (or others), with GoProposal, as well as triggering actions in other systems for new proposals and accepted proposals.
Triggers Trigger Name Trigger Name Trigger Name Client Created/Updated ✅ New/Updated Organisation Contact ✅ New/Updated Client ✅ Contact Created/Updated ✅ New/Updated Person Contact ✅ ❌ ❌ ❌ Job Created ✅ Job Started ✅ ❌ ❌ Job Assigned ✅ ❌ ❌ ❌ ❌ Job Cancelled ✅ ❌ ❌ Job Updated ✅ ❌ ❌ Job Becomes Ready ✅ ❌ ❌ Job Becomes Overdue ✅ Job Finished ✅ ❌ Job Completed ✅ Actions Action Name Action Name Action Name Create/Update Client ✅ Create/Update Organization Contact ✅ Create/Update a Client ✅ ❌ Create/Update Person Contact ✅ Create/Update a Client ✅ Find Client ✅ Find an Organization Contact ✅ Find a Client ✅ Find Contact ✅ Find a Person Contact ✅ Find a Client ✅ ❌ ❌ Create a New Note ✅ Invite New User ✅ ❌ ❌ Start Job ✅ ❌ ❌ Add/Update Contact to Client ✅ ❌ ❌ Assign Template to Client ✅ ❌ Accept Proposal ✅
Here's how to Build an Advanced Xero/QuickBooks Data Query in Google Sheets
Most of you will have some sort of system for storing documents digitally – the days of filing cabinets are mostly behind us, with lack of back-ups, physical space restrictions, GDPR issues and of course environmental impact all factors. However, the way you choose to digitally store your documents is very important.
Karbon have released time and budgets, their biggest ever feature release. We reviewed it to see what it's all about.
With Practice Ignition you can now include multiple options in proposals as part of the New Proposal Editor BETA.