To make it easier for you to plan and keep track of all your inflows and outflows, we separated the bank transactions from predictions. This means that now you'll use 2 sections that will help you to better understand the financial status of your company.
Check the transaction history that you imported from your bank accounts or that you added manually, with all the details, in one tab. Remember that you can use the filters according to your own needs, you can change categories or generate recurrent transactions if necessary.
Transfers between own accounts
Are now easier to track, as they are separated from the rest of the transactions. When you mark transactions as transfers between accounts, they are no longer taken in account for calculating your financial indicators.
Add and monitor all financial forecasts in one place. Check the status of each prediction, mark them as realized to remove them from the list, associate them with transactions imported from your bank accounts, edit the details or delete them altogether if you know that some predictions are not going to take place after all.
You have access to all overdue forecasts - you will see all the details of inflows and outflows that did not take place yet, as well as how long it has been since they are overdue.
Partial inflows and outflows
If you are in the situation where you plan certain transactions, and the cash-ins and cash-outs take place in several tranches, now you can mark them as such. After you do this, only the remaining difference will be taken into account for the cash flow forecast.
When you plan certain transactions, especially payments, some of them surely take place at a well-defined time frame. Whether we are talking about employee salaries, office rent, utility bills, or monthly subscriptions, you can add them in one place, and then you can find them in the complete list of predictions.
There are situations when you know that you have to collect a certain amount from a client, but you do not know the exact date when it will happen or maybe you have to pay certain debts but you do not currently have money available in your account. Now you can add them to ThinkOut so you don't let them out of your sight.