As QuickBooks Partners, we strive to ensure we keep up to date with the latest product developments. The CB Reid team regularly meet (remotely at the moment!) with one of QuickBooks Online’s Business Development Partners, who bring us up to date with new products and improvements to existing ones.

90 Day Cashflow Forecast and Receipt Capture

In our latest meeting, the team at QuickBooks were keen to demonstrate some of their latest features which may be of use throughout this unusual time. In particular, they were keen to demonstrate two new tools that have recently launched, the 90 Day Cashflow Forecast and Receipt Capture.

90 Day Cashflow Forecast

The Cash Flow Planner is an interactive tool that forecasts your cash flow, the money going in and out of your business, over the coming 90 days. It looks at your financial history to predict future money in and money out events. You can also add and adjust future events to see how certain changes affect your cash flow.

You can change events in the planner without affecting or changing your books. This helps you make informed decisions about when to save, spend, borrow, and transfer money.

Click the links and watch the video below for more details.

Cash Flow Planner Introduction
Cash Flow Planner - Predict Future Income

Receipt Capture

QuickBooks Online automatically extracts data from a photo and uses machine learning to match it to your expenses.

To upload receipts to QBO either:

  • Go to the banking section of QBO and click the Receipts tab. Drag and drop the receipt to be uploaded.
  • Download mobile app, select the Receipt Snap feature and take a photo of the receipt.
  • Once the receipt has been entered, OCR technology captures the information. Capture, Review, Match.

Click the link and watch the video below for more details.

Capture and categorise receipts and bills
If you’re not currently using QuickBooks and you would like to know more, please get in touch to find out how this could work for your business.