The next thing to do is put realistic expected payment dates on upcoming invoices you’re owed, and bills you need to pay. Head over to Invoices Due and see what you’re owed (if you’re paid via invoices). If you don't get paid via invoices, you can skip this step!

As long as your accounts are reconciled/matched, then the invoices and bills in here will be unpaid, and you’ll need to update when you think they will be paid.

In Float, due dates are different from expected dates. The due date will match the due date set in your accounting software on the invoice or bill. But often, you’ll get paid later than the due date of an invoice, and Float needs to know that. The due date can’t be changed in Float, but you can change the expected payment date. So what you need to do for both your invoices due and bills to pay is change the expected payment dates to when you think invoices and bills will actually be paid. To do this, you can use the quick option to push the invoice or a bill forward by 7 days or 30 days, or to another date.

Or, you could select multiple, and go to batch actions > Set expected date.

Here you can either add a number of days to the due date, or you can pick a date on the calendar. You might want to search for a specific client and update all of their outstanding invoices to a specific date, if they’ve agreed to pay it all on one day.

Another thing you can do is exclude an invoice or bill that you just don’t want to factor in right now. 

You might be wondering how this affects the data in your accounting software - Don’t worry, it doesn’t! Float will never change anything in your accounting software, and just pulls data in one way. Also, if you’re a Xero user who sets expected dates in Xero, we’ll pull those through.

Go through this process for both Invoices Due and Bills that you owe.

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