4 new features to supercharge your bookkeeping and cash flow analytics
The team has been busy building new and improving existing features all summer to make managing your rental property finances easier. We are excited to share a few updates on bookkeeping and our new reporting feature.
More powerful Cash flow analytics
We’ve made our cash flow analytics more powerful and dynamic. You will now see new filters, a breakdown by category, the ability to drill down into specific categories, and see transactions below to match.
Enhanced transaction filter to make bookkeeping a breeze
We have improved our filters on the Transactions page to give you more control and flexibility. You can now search by transaction date, transaction category, property, bank account, and any text field.
Ability to manually mark rent invoices as paid
Sometimes you collect rent outside of Baselane and need to update a rent invoice to reflect the manual collection. You can now manually mark a rent invoice as paid. On the Rent Collection page, open the three-dot menu and click on Invoices. Click on any unpaid invoice and select Mark as Paid.
Simplified individual (sole proprietor) banking account opening
Most of you use multiple bank accounts to manage your rental property finances. As a result, we wanted to make opening a banking account as simple and quick as possible. We have redesigned our banking account opening process for individuals (sole proprietors) to do just that. We will soon extend the same simplicity to banking accounts for LLCs, Corporations, and Partnerships.