Bank and cash flow
Knowing what is coming in before it is in
Today's balance says little about next month. What you want to know is which invoices are still open, when they fall due and which bills are set against them.
Import your statement as MT940 or as CSV. For a CSV you indicate once which column means what, because no two banks do it the same way. After that TelMaar matches the transactions to your invoices and a matched invoice is marked as paid.
The cash flow screen lists expected income and expenditure based on what is genuinely outstanding. Every Monday morning that summary arrives by email, so you read it in the weeks you do not log in as well.
MT940 and CSV
The file from your own bank, even if the columns are named differently than your neighbour's.
Matching transactions
An incoming payment is linked to the right invoice and that invoice is marked as paid.
A forecast from your invoices
Expected income and expenditure, based on outstanding sales and purchase invoices.
The Monday email
The cash flow summary comes to you instead of you having to go and find it.
Why your bank balance is a poor predictor
Today's balance says nothing about next month. There are invoices open that fall due in three weeks, a VAT return is coming and the lease instalment for the van is due. Whoever steers by their balance gets a shock at the end of the quarter and calls the bank for a bridging loan.
TelMaar puts open sales invoices, approved purchase invoices, upcoming VAT and fixed costs on a timeline. You see per week what comes in and what goes out, and where the balance gets tight. That is the information you use to plan an investment or an extra technician at the right moment.
Bank connection and reconciling without manual work
Connect your business account and TelMaar fetches the transactions every day. Payments with the right reference are matched to the invoice automatically; what remains gets a suggestion you confirm with one click. At the end of the day the debtor list matches reality.
If a customer pays too little or in parts, you see the remainder per invoice and the reminder only concerns that remainder. Whoever does not want a bank connection imports a file from the bank. The result is the same: figures that are right without an afternoon of retyping.
Frequently asked questions about this feature
Which bank files can I import?
MT940 and CSV, the formats Dutch banks offer. You download the file at your bank and read it in here.
Does TelMaar match payments to invoices itself?
Yes, on amount and reference. Whatever does not match by itself stays on a separate list, so nothing gets quietly attached to the wrong invoice.
Can I see what is coming in next month?
Yes. The forecast comes from your outstanding invoices and their due dates, set against the bills you still have to pay.
Administration and bookkeeping
Ready to see how it works for yourself?
Start for free and discover in a few minutes why TelMaar fits your business.
Start for free