Connect Your Accounting Software

Manual entry works but syncing eliminates data entry errors and saves time. If you use Xero or QuickBooks, connect it.

Review Category Mappings After Connecting

AI suggestions are usually right but your chart of accounts might have quirks. Spend five minutes reviewing mappings after your first sync to make sure revenue, COGS, and expenses land in the right buckets.

Forecasts Are Only Useful If You Update Them

Revisit monthly, adjust assumptions based on what actually happened. A forecast from six months ago that never got updated is just fiction.

Start Forecasts from Actuals

Import historical data as your baseline, then adjust forward. Starting from reality is more accurate than guessing from scratch.

Watch Runway, Not Just Cash

Cash tells you what you have. Runway tells you how long it lasts. A healthy cash balance with a high burn rate is still a problem.

Close Months Before Generating Investor Updates

Make sure actuals are synced and accurate before generating updates. Sending investors numbers that change a week later erodes trust.