Product releases

🎉 Exciting Multi-Currency Accounting Updates!

Get ready to take your multi-currency accounting to the next level with these game-changing updates! 💪
🔹 Our enhanced Chart of Accounts now offers unparalleled support for all your multi-currency needs.
🔹 Experience the power of seamless cross-currency matching, splitting, internal transfers, and more with our revamped accounting transaction screens.
🔹 Take full control of exchange rates at the transaction level, putting you in the driver’s seat.
🔹 Say goodbye to manual adjustments with our new auto FX adjust functionality, saving you time and effort!

🔹 Video
Multi-currency & Stripe web dashboard
Quick mobile view of updates

🎉 Stripe Integration Enhancements: A Match Made in Heaven!

Our Stripe integration just got even better, and you’re going to love it! 😍
🔹 In addition to the payment integration, Stripe is now available as a data feed in the banking section, making your life easier than ever.
🔹 Say goodbye to manual reconciliation and categorization – our integration automates the process, saving you significant time and headaches.
🔹 Get an exact representation of all your Stripe transactions, both within and outside of Fiskl, for unparalleled visibility and control.
🔹 Effortlessly manage the full multi-currency nature of Stripe, ensuring accuracy and consistency across the board.
🔹 Enjoy exact balance reconciliation, including invoicing, payment links, card issuing transactions, and all charges – it’s all taken care of!

🌟 But Wait, There’s More! Smaller Improvements That Make a Big Difference 🌟

We’ve been hard at work making countless smaller improvements and updates across the application to enhance your overall experience. Get ready to be delighted by the little things that make a big impact!

Take advantage of these fantastic updates and experience the joy of streamlined, efficient, and powerful accounting with Fiskl! 🚀🎉

🎉 Exciting News! 🎉

We’re thrilled to announce our latest update, featuring a seamless integration with WIO Bank in the UAE, the fastest-growing challenger bank in the region!

What does this mean for you? Well, now you can effortlessly link your Fiskl account with WIO Bank, allowing all your transactions to flow directly into Fiskl for seamless account reconciliation.

No more manual inputting of transactions—just sit back and let Fiskl and WIO Bank do the heavy lifting for you!

We’ve also given invoicing a major facelift, it’s now even easier.

Added new updated screens for adding a payment schedule, recurring, invoice previews and a few more.

Changes have been made to how to create a new account on Chart of Accounts.

We’re thrilled to introduce a feature-packed update in this release:

Templates for Reusable Products and Services: For those offering regular products or services, setting up templates for re-usable or recurring offerings is now a breeze. Simply toggle the Templates option when creating a product or service to incorporate automated placeholders. This allows you to streamline your offerings, for example, Software subscription for 6 months, expiring on May 21, 2024. Learn more by clicking here.

Fiskl Accountant Portal: Now, you can add your accountant to your Fiskl account, granting them access to the new Fiskl Accountant Portal. This portal enables your accountant to manage your account seamlessly and invite their other clients to join, consolidating all their clients in one convenient location.

HTML Formatting in Invoices and Quotes: Want to add links or format text in bold, italics, or underline? Now you can! Incorporate HTML in invoice and quote line items and notes. This feature extends to creating manual payment methods as well.

Expanded Custom Email Options: Custom emails have received an update, introducing extra placeholders. Now, personalize your emails by using your clients’ first or full names when communicating.

Streamlined Menu: The right menu has undergone a facelift. We’ve merged User and Accounting Settings under one menu for a more intuitive experience.

UI Improvements and Fixes: Numerous user interface enhancements and bug fixes have been implemented to ensure a smoother user experience.

In this release, we’ve made a few minor fixes and improvements to enhance your experience.

This update brings a few minor UI improvements, including a revamped payment reconciliation icon in your invoice list. The icon now displays in three options based on payment status:

• No reconciled payments for the invoice (No payments made).
• Some payments reconciled but not all (half-blue, half-colored link).
• All payments for this invoice were reconciled (entirely blue link).

Exciting updates await you in this release:

Customizable Dashboard: Tailor your dashboard to your preferences. You can now choose the order in which your graphs are displayed, add, remove, and duplicate graphs for a personalized overview of your business performance.

Manual Transactions for Realised Exchange Gains and Losses: We’ve enabled the ability to manually add transactions to Realised Exchange Gains and Losses, providing you with more control over your financial data.

Sales Tax Report Enhancements: Changes to the Sales Tax report allow you to customize what you see, easily scroll through the report, and more.

This major release puts invoicing front and center after taking a backseat to accounting in recent months.

The invoice flow now mirrors Quotes & Estimates, letting you preview the invoice alongside all settings before sending. Standard invoice emails in 65 languages have been upgraded with customization for color, logo, and images.

Post-send, an activity list tracks invoice events like email history. Beyond invoicing, accounting gains manual transactions in Retained Earnings and Realized FX Gain/Loss.

Other key enhancements include:

– Multi-currency tax reporting on iOS
– Faster home dashboard performance

This release makes invoicing smoother and more customizable while also improving accounting functionality and app speed. Check out the video for a full rundown of the major updates.

See a video walkthrough of the new invoicing features here: https://youtu.be/2kCeEjLeS7M

This was a major update where the star of the release is the multi-currency, multi-agency Tax Report!

You can now generate tax reports in summary or detail for each tax agency including multi-currency reports. The report comes with all the relevant filters and exports available.

In addition to the tax report, we changed the way we do “Mark as Paid” for manual payment methods on invoices. Fiskl will no longer create a payment placeholder but remind you to reconcile the payment to verify receipt.

Unlocked manual transactions for the accounting account  “Realised Exchange Gain and Losses” – You can now add manual transactions alongside the auto-calculated transactions.

Quote/Estimates get full localisation, not only on the quote itself but also on emails and the customer preview portal.

Another huge update is the ability to edit invoices that have reconciled payments. This customer request took us a while because of its complexity but we are very pleased to report that it’s now available.

The cash flow graph gets drill-down into the categories that made up that cash flow for the period.

There are many other updates including date range filters, tax selectors, invoice PDF updates, category selectors depending on the account selected, quick uncategorised filters and so much more.

We have added financial ratios to the home dashboard. For a business owner, measuring financial ratios is essential to understanding the financial health of your business. To find out more read here.

We have also added auto-categorisation of financial transactions within accounting. Using the latest technology we will analyse your transactions and make the best suggestions, saving you hours of manual work.

Many other performance improvements and fixes.

We have added the Cashflow graph to the home screen and this signals the beginning of a customisable widget-based dashboard which is in the works.

Fiskl has always been committed to building fully featured Android & iOS native apps, allowing people to use Fiskl without a desktop computer and this continues in every release with matching app releases too.

Accounting

Major performance upgrades to the system so you should notice significant improvements to Android, iOS and the Web dashboard.

Cashflow graph was added to the home screen for accounting users.

Updated the homes screen in preparation for a configurable widget-based layout in the near future.

Connected banks and their accounting accounts get new features including improved balance reporting, syncing the bank and account names and reporting on balances not matching.

All items like Product, Sales, Expenses, Time & Mileage now get custom accounting accounts with the ability to set defaults. 

Improved query ability on Billing Item items like Expense, Mileage & Time.

Invoices

New visual indicator in the list if all your payments are reconciled in accounting.

Reports

Further improvements in the reports performance, date range selectors especially Trial Balance & Unrealised exchange gain & loss reporting.