Financial planning has become a regular exercise for the majority of businesses and their accountants. This enhanced financial scrutiny is a new way of working for some and should remain in place as best practice for the long term.
To help with this, there are some amazing apps that work seamlessly with Xero to forecast business cash flow. It can be tough to know which solution is right for you. Read on to find out which tools are best suited to your business – and see how these tools work below.
Start with data accuracy
To generate a clear view of your business’ cash flow, first you need to make sure you’re capturing the right data in Xero.
There are lots of tools available that capture all the information you need – from bank transactions to expenses and more.
- Automatic bank feeds: Bank feeds are one of the greatest