Skip to main content

Recently Updated Pages

Profit and loss statement

Financial Reports & Tools Running Reports

The profit and loss statement (P&L) is the report that tells you whether your business is making ...

Updated 3 weeks ago by CloudFFL OS

End-of-month reconciliation checklist

Bank & Reconciliation Reconciling Transactions

At the end of each month, run through this checklist to make sure your books are clean and your b...

Updated 3 weeks ago by CloudFFL OS

Handling unmatched transactions and write-offs

Bank & Reconciliation Reconciling Transactions

Not every bank transaction has a matching invoice or bill waiting for it. Bank fees, interest, ca...

Updated 3 weeks ago by CloudFFL OS

Matching bank lines to invoices and bills

Bank & Reconciliation Reconciling Transactions

This is the core of reconciliation — taking each bank transaction and connecting it to the invoic...

Updated 3 weeks ago by CloudFFL OS

The reconciliation dashboard

Bank & Reconciliation Reconciling Transactions

Once you've imported your bank statement, the reconciliation dashboard is where you do the actual...

Updated 3 weeks ago by CloudFFL OS

Automatic bank sync (coming soon)

Bank & Reconciliation Connecting Your Bank

CloudFFL OS includes the ability to connect directly to your bank account so that transactions ar...

Updated 3 weeks ago by CloudFFL OS

Importing bank statements (CSV/OFX)

Bank & Reconciliation Connecting Your Bank

The first step in reconciliation is getting your bank transactions into CloudFFL OS. The most rel...

Updated 3 weeks ago by CloudFFL OS

What is bank reconciliation?

Bank & Reconciliation Connecting Your Bank

Bank reconciliation is the process of making sure the transactions in CloudFFL OS match what your...

Updated 3 weeks ago by CloudFFL OS

Batch payments with payment orders

Vendor Bills & Payments Paying Vendors

If you're paying multiple vendors at once — say it's the end of the month and you need to pay Lip...

Updated 3 weeks ago by CloudFFL OS

Paying a single vendor bill

Vendor Bills & Payments Paying Vendors

Once a vendor bill is confirmed, it sits in your Accounts Payable until you pay it. Recording the...

Updated 3 weeks ago by CloudFFL OS

Handling recurring bills

Vendor Bills & Payments Managing Vendor Bills

Rent, alarm monitoring, internet, insurance — some expenses hit every month like clockwork. Inste...

Updated 3 weeks ago by CloudFFL OS

Matching bills to purchase orders

Vendor Bills & Payments Managing Vendor Bills

When Lipsey's sends you a bill for 10 firearms and you only received 8, you need to catch that be...

Updated 3 weeks ago by CloudFFL OS

Recording a vendor bill

Vendor Bills & Payments Managing Vendor Bills

Every time a distributor ships you product, they send a bill. Every month your landlord, alarm co...

Updated 3 weeks ago by CloudFFL OS

Tracking overdue invoices

Customer Invoicing & Payments Recording Payments

When invoices go past their due date, you need to know about it — and you need an easy way to fol...

Updated 3 weeks ago by CloudFFL OS

Partial payments and payment plans

Customer Invoicing & Payments Recording Payments

Not every customer pays the full amount at once. Maybe a dealer-to-dealer buyer is paying half no...

Updated 3 weeks ago by CloudFFL OS

Recording a customer payment

Customer Invoicing & Payments Recording Payments

When a customer pays an invoice — whether by card, check, cash, or bank transfer — you need to re...

Updated 3 weeks ago by CloudFFL OS

Credit notes and refunds

Customer Invoicing & Payments Creating Invoices

When a customer returns a product or you need to adjust a charge, you don't delete the original i...

Updated 3 weeks ago by CloudFFL OS

Sending invoices to customers

Customer Invoicing & Payments Creating Invoices

Once an invoice is confirmed, you need to get it to the customer. CloudFFL OS can email invoices ...

Updated 3 weeks ago by CloudFFL OS

Creating a standalone invoice

Customer Invoicing & Payments Creating Invoices

Not every charge goes through a sales order. Sometimes you need to invoice a customer for somethi...

Updated 3 weeks ago by CloudFFL OS

Creating an invoice from a sales order

Customer Invoicing & Payments Creating Invoices

Most invoices in CloudFFL OS are created directly from sales orders. You've already done the work...

Updated 3 weeks ago by CloudFFL OS