We’re delighted to relaunch increasing/decreasing income and costs with an exciting change: they’ll now calculate in perpetuity, ensuring every time you come back to Float there will be less work to do.

Here’s how it behaves:

• Increasing amounts continue to be calculated until the budget end date (if there is one) or in perpetuity if ‘never’ is selected
• Decreasing budgets will eventually hit zero and when that happens, it will continue to show ‘0’ until edited
• You can set a monetary amount, or a percentage.

New increasing and decreasing incomes & costs are not backwards compatible with the older style. We’re recommending customers recreate budgets if they want to take advantage of these time-saving changes.

If you have any questions or product feedback, please send us a message.

Continuous budgets solve the problem of budgets not updating if they’re set beyond the end of cash flow.

Now, when you return to Float and a new month has rolled around, budgets that were set into the future will automatically be updated. For example, if the end of the cash flow is in 6 months, and you create a monthly cost that runs for 12 months, when month 7 rolls into view, the value will automatically be there.

It reduces the amount of work you need to do to keep your cash flow updated. The schedule can be updated within the budget itself.

Any new budgets will automatically behave continuously unless a specific end date is added.

Update existing incomes & costs to behave this way by clicking on the budget and updating using the controls. Check out our help guide for more information.

Float's excited to announce our new Forecast confidence module, which shows in realtime the health of your cash flow in a simple and easy to understand way. No more wondering "how confident can I be in my cash flow?"

Float's goal is to empower you to make confident financial decisions, so every time you log in, it should be obvious what decisions you can take.

We'd love your feedback to help refine the module, so please send all feedback our way.

We've released a few changes around the main cash flow graph.

1. Months in the graph aligned with the month columns

Easily scan the table with the month on the graph displayed above the relevant column in the table.

2. Threshold value displayed on the graph

Easily see when you drop below your threshold. The graph will shade red when dropping below the threshold value. The example below shows a threshold of 5,000.

3. Bank balance and threshold relocated

See more of your cash flow with these tiles being set alongside the graph. The unreconciled amount is also merged into the bank balance tile. For example, the unreconciled amount is shown in the below example as ± £4,135.04.

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We've renamed "Won" projects to "Active".

We recognised that not all Won projects were being worked on actively, or all active projects were won, so this change better reflects how they are in the real world!

Easily remove multiple incomes and costs from a project in a few clicks.

Whether in the Monthly or Income & Costs view you can select what you would like to remove using the checkboxes, which will reveal the option to remove them.

If you are looking to remove a large number of entries, you can use the shift click shortcut to select many at once. Simply select the first entry you want to remove, hold down shift and click the last entry. This will select all entries between the two.

Any placeholders will be fully deleted, while any invoices, bills or transactions will be returned to the relevant chart of account category in the main cash flow.

View a monthly breakdown of project incomes and costs

You now have the ability to toggle between an income & costs view and a new monthly view of incomes and costs within a project.

This option when selected, groups income and costs in a monthly breakdown to allow you to better understand and manage the monthly fluctuations of a project's cash flow.

Easily add invoices, bills and bank transactions directly to a project without the need of adding a placeholder first.

This allows you to add invoices, bills or bank transactions which you didn’t plan for but have happened.

Or, you might have created one placeholder initially which is now associated with multiple invoices, bills or bank transactions. This update allows adding those invoices, bills or bank transactions without the need of adding other placeholders first.

Couple of quality of life improvements.

Collapsible Project sections

Each individual project section can be collapsed and expanded as needed. So if for example, you don't need to see the Completed projects, you can hide these from view easily.

Alphabetical ordering of budgets

When expanding an account in the cash flow table, budgets will be shown in alphabetical order. Previously these were shown in the order they were added.

Any questions or feedback just drop us a message.

Cheers,
Graeme
Product Manager