Float imports the bank accounts and credit card accounts directly from your accounting platform. We import the reconciled bank balance ('Balance in Xero'/ 'In QuickBooks balance') and the sum of these is what you see as the ‘Balance’ figure shown below.
The reason this balance is used and not the bank balance, is due to transactions needing to be reconciled so they can be accurately assigned in the cash flow.
Any unreconciled transactions will not be imported across to Float. As a result the more reconciled the accounting software, the more accurate Float will be.
You will see the 'Balance' figure displayed prominently on the left side of the graph and how many bank accounts are included in the cash flow.
If you only want certain bank accounts to be included in the cash flow find out how
here.