This task can be performed using Lightcash
Instant cash, burn and runway clarity—free for one account
Connect accounts for live projections
Start by listing every bank, card, and accounting account that affects cash. Confirm you have administrator access and any required multifactor authentication. Decide which entities and currencies belong in the same cash flow forecast before connecting anything.
Connect each account through the platform's connection flow, then map opening balances and review imported transactions for duplicates, missing history, and transfers counted as income or expense. Set projection assumptions only after the live balance matches the source accounts.
Best product for this task
Lightcash
accounting
Lightcash connects your financial accounts into one live ledger, showing real-time cash, burn, and runway with projections and accountant-ready reports so you can make confident spending and hiring decisions without.
What to expect from an ideal product
- Broad financial account coverage
- Reliable balance and transaction refreshes
- Clear duplicate and transfer handling
- Adjustable projection assumptions
- Accountant-ready reporting
More about balance reconciliation
A live ledger is useful only when its total cash agrees with source balances. Reconcile immediately after connection, then repeat whenever an account disconnects or refreshes late.
- Compare each account's current balance and last refresh time.
- Exclude internal transfers from burn and cashflow totals.
- Investigate duplicates or gaps before trusting runway.
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