IRIS Elements Bookkeeping

With IRIS Elements Bookkeeping you you can run your business on the go, anytime, anywhere. Whether you are self-employed, a limited company, a partnership or a GP you now have everything you need to manage your cash flow as well as grow your business with easy to create invoices as well as IRIS Pay our market leading invoice payment solution to help you get paid faster. This mobile App acts as a companion to your IRIS KashFlow/ IRIS Elements Cashbook account.

All of your information is stored instantly and synced to be available on your Android device, Tablet, Chromebook and via our Web Application.

Export a Trial Trial Balance into IRIS Elements Tax, IRIS Elements Accounts as well as the IRIS Accountancy Suite products Key features include:

Creating and Managing Invoices
• Easy to create invoices, print or send them out and record payments against
• Add a Payonline button to your invoices to make it easy for your customers to pay you and when they do the invoice is automatically marked as paid
• Get paid faster with IRIS Pay our market leading invoice payment solution – sign up in seconds and start to take payments straight away.
• With IRIS Pay you get a dedicated portal with instant real-time notifications. With IRIS Pay you get Mobile Pay where you create payment requests from your mobile without even having to log into IRIS Elements Bookkeeping!
• Track the status of an invoice, when it was created, sent, viewed and paid
• Track and manage unpaid and overdue invoices.
• Find Invoices quickly using our powerful search and filters
• Quick Entry for Sales Invoices with a Receipt Capture tool that automatically extracts your data saving your time
• Create quotes easily, send them out and tools to help manage your quotes and convert them into an invoice at a touch of a button
• Invoice management including adding notes, print, copy apply a CIS deduction, refunds, setting up a batch payment, setting up repeat invoices easily and more
• Create products and services including stock management tools

Contact management
• Create new Customers quickly and easily with the ability to import new Customers from Companies House
• Save time by avoiding to have to key in the address by using our Postal Address Finder
• Set Customer Credit Limits
• Send out Customer Statements on a date of your choosing
• Track key Customer Statistics in real time such as how much they have been invoiced, amount due and amount overdue

Keep on track of your cash flow
• Track your business performance this month, year and by accounting period and view what the key contributors across are to each of these – and then drill down to access the detailed transactions
• See an overview of your bank accounts and track how much money is owed to you and how much money you owe – and then drill down to access the detailed invoices
• Easily track your overdue invoices
• Easy to track your sales growth
• Powerful search to find your transactions, apply simple filters

Financial Reporting
• Balance Sheet
• Profit and Loss (accrual or cash basis)
• Trial Balance
• Audit Trail
• All reports can be printed, downloaded into a CSV format
• Full suite of reports available in real time via our Web Application
• Drill down capability for example on your profit and loss report to help you understand your business
• Any missing report we can add here Divya?

Coming soon…
• Creating and managing Purchase Invoices and Purchase Orders
• Quick Entry covering Purchase Invoices, Expenses with a Receipt Capture tool that automatically extracts your data saving your time
• Suppliers management including sending out Supplier Statements
• Mileage Tracker to manage trips
• Bank Feeds
• Taxes (including for Sole Traders Self-Assessment returns via MTD)

To contact support, visit us at https://kashflow.com, raise a ticket and someone form our Support Team will reach out to you.