Every month we publish a new edition of release notes to introduce Finaloop's newest features and product updates. Here are this month's updates:
🏦 Bank Reconciliation Visibility
Launched Ongoing Reconciliation Flow to give visibility into bank recs throughout the year, not just at year-end.
Gaps are flagged in real time.
Bots run 24/7 to detect issues in manual or integrated accounts.
If a potential gap is found, you’ll be asked to upload a CSV + PDF. Our system then matches and fixes discrepancies.
📥 Bulk Upload Transactions
New option to upload multiple transactions at once via CSV.
Located under +Report transactions on the Transactions screen.
Reduces manual data entry and ensures no business expenses are missed.
🏗️ Fixed Assets
Create new fixed assets directly from the Transactions page!
Auto-generate depreciation schedules.
Apply depreciation expenses automatically.
Default depreciation periods are suggested based on your asset type but can be customized.
Certain categories (e.g., Computers, Furniture) allow immediate expensing or capitalization over time.
📦 InventoryIQ Updates
1. Recipes & Assemblies
Recipes can now include dollar-based costs (labor, printing, production) in addition to raw materials.
Provides a more accurate cost per unit.
Additional costs are visible in your Vendors page in InventoryIQ and can be linked to payments and bills.
2. 3PL / WMS Integration
New integrations with third-party logistics and warehouse management systems.
Live now:
Amazon FBA adjustments (dead inventory, lost/found, donations, vendor returns, misc).
Data flows directly from the Amazon Products Reconciliation report.
Coming soon:
Automated physical counts across connected warehouses
Inbound shipping + restock data syncing
Additional automation across your supply chain
💬 Share Your Feedback
We're always working to make Finaloop more intuitive and powerful for your business. Have suggestions or feedback? Let us know—we’d love to hear from you!