New Features & Improvements

Eddie Davis -

We're making improvements to FINSYNC all the time, thanks to your feedback!

August 9, 2018

  • Bank accounts already set up in FINSYNC, but not synced with an online bank, can now be synced to automatically import transactions.

July 13, 2018

  • When sending payment requests from the Payments dashboard, you can include more online payment options that include PayPal, WorldPay, and Stripe.

June 14, 2018

  • Invoices and payment requests can include file attachments, such as photographs and contracts, which recipients can view and download.
  • A new interactive graph on the Cash Flow dashboard makes it even easier to visualize incoming and outgoing cash on a daily basis.

May 20, 2018

  • In addition to applications for accounts receivable factoring, applications for other types of loans can be submitted directly from within FINSYNC.

March 20, 2018

  • FINSYNC Payroll users can now create both hourly and flat custom pay rates, including specific tax treatment.

March 1, 2018

  • A brand new "Payments" dashboard view makes it easier than ever before to send and receive payments, and to keep track of what's paid and what's not.

February 21, 2018

  • Support has been added for linking with many more banks that require multi-factor authentication (MFA), which often involves the use of an additional code or secret question to authenticate access.

February 12, 2018

  • A completely redesigned Cash Flow view provides a single place to see past and future cash flow. A simple "Cash In/Cash Out" view makes it easy to see day-by-day forecast totals and the detailed transactions behind them.

January 18, 2018

  • A new "1099 Payments" report details all payments to vendors and contractors for any period of time, including the ability to export summary or detail data needed for producing 1099 tax forms.
  • Vendor payment preferences (ACH, check, email) can be set while paying bills, making it quicker and easier to pay a batch of bills for new or existing vendors.

December 26, 2017

  • New options and improvements to the design of the bank account registers make it easier to record transactions with fewer clicks. You can choose the attributes that display on each row, and see attributes of all entries without opening each one.

October 19, 2017

  • A new drop-down menu on each row in your bank register makes it easier to match, split and make other changes to transactions with fewer clicks.
  • Matching bank transactions with assets and liabilities is made simpler.

October 13, 2017

  • FINSYNC now supports Idaho and Kansas payroll taxes.

October 2, 2017

  • Expense transactions created in your bank register when processing payroll can now include the name of the paid associate, making them easier to identify and reconcile. This applies when direct deposit is not used.

September 19, 2017

  • FINSYNC now supports Nebraska payroll taxes.

August 29, 2017

  • While paying bills, the payment method (ACH, check, email) can be set or changed for each payee, making it quicker and helping to avoid interruption. 

July 19, 2017

  • A new "reimbursements" column on the Current Pay Run page makes it easy for payroll administrators to include expense reimbursements, allocated to the correct GL accounts, on employees' paychecks.

June 28, 2017

  • An upgraded bank reconciliation tool adds the ability to undo the last reconciliation, save an in-progress reconciliation for later, better filter and select transactions and view detailed reports on each reconciliation.

June 6, 2017

  • FINSYNC now supports Worldpay as a credit card processing service for online payment of invoices. Set up Worldpay within the Income Settings page and you'll have the option to offer credit cards as a payment option on each customer invoice you send.

May 30, 2017

  • Payroll direct deposits can now be distributed to multiple bank accounts for each associate, by percentage or dollar amount.
  • FINSYNC now supports North Dakota payroll taxes.

May 18, 2017

  • A new "Income & Expense" graph on the Dashboard view offers a simple monthly view of money in and money out.
  • Several improvements to the process of approving employee-submitted expenses include a list of unapproved expenses that is easier to use and more detailed displayed on each expense claim.

May 11, 2017

  • Several improvements to the Projects area make it easier to set up, manage and report on projects.
  • Existing bills now have a "Copy" option that makes it quick to create repeat vendor bills.
  • The number of the paid-to bank account is included on the FINSYNC Pay report, helping in the oversight of payments being made properly.

May 4, 2017

  • FINSYNC now integrates with PayPal, giving your customers another choice for how they pay their invoices online. Select Settings > Income to set up PayPal as a payment option.

April 17, 2017

  • Associate credit card transactions with payees and customers for more detailed expense reporting.
  • A new tile added to the Dashboard displays planned payroll costs for the next pay run.
  • Improved search functions make it easier to find invoices and customers.
  • Several improvements made to the Chart of Accounts pages make then easier to use and to offer new ways to view and manage accounts.

March 7, 2017

  • Now you can accept credit card payments through FINSYNC using Stripe. Set up Stripe within the Income Settings page and you'll have the option to offer credit cards as a payment option on each customer invoice you send.

February 2, 2017

  • When importing bank transactions from a CSV or XLS file, you can now map the account names in your file with the equivalent accounts in your FINSYNC chart of accounts. This makes importing easier and helps avoid manually reclassification after importing.
  • Creating your first invoice is made simple with a new step-by-step guide.

January 26, 2017

  • The Dashboard view is newly designed to include a wider range of information in a simpler format. Additional Dashboard "tiles" will be added over time with the ability to choose which ones you want to display.

November 28, 2016

  • A new "Pay Run Detail" report provides an itemized listing, by pay check date or by associate, of all payroll values. This report may be useful in tax filing, compliance reporting, benefits management, or other payroll tasks. The report can be exported to CSV for use in spreadsheet programs.
  • Defects were fixed.

November 10, 2016

  • Pay periods can now be applied to 1099 contractors, as they can for W2 employees. This sets a defined period of time for time entries and submissions.
  • Defects were fixed.

November 4, 2016

  • Set authorized locations - like your office or job site - from which employees can clock in and out using the FINSYNC time clock. A new report lists all time clock entries and identifies those made from unapproved locations.
  • Defects were fixed.

October 5, 2016

  • Several improvements were made to the way 1099 timesheets can be managed from the Current Pay Run page, including the ability to add new rows with custom pay rates.
  • A new drop-down menu from the main Banking tab makes it easy to jump straight to any bank account.
  • Rather than have the administrator set up time clock access and login PIN's for everyone, each user can set up and manage his or her own login and PIN.
  • Defects were fixed.

September 27, 2016

  • Design improvements and new features in the Pay Runs page make it easier to review and process payroll time for 1099 contractors.
  • Defects were fixed.

September 22, 2016

  • A Shipping Address field was added to purchase orders, allowing you to enter an alternate address to which purchases should be shipped.

September 16 2016

  • A new payroll report, found by selecting Payroll > Current Pay Run > Reports, gives you a listing of everyone's time entries for a given pay period. You can filter by status, associates, and department, and export the report to a CSV file.
  • Defects were fixed

September 8, 2016

  • A new account reconciliation tool simplifies the otherwise challenging task of getting all of your accounts to agree.
  • Attributes, such as associate, department and location, can be assigned to account opening balances, ensuring historical consistency in your segmented financial reporting.
  • Defects were fixed

August 30, 2016

  • In addition to the payroll administrator being able to approve payroll timesheets, up to four other people can now be designated as timesheet approvers.

August 23, 2016

  • AR and AP Aging reports can be calculated as of a specific past or future date.
  • The recording of customer invoice payments was simplified, including new access points from the invoice and invoice list.
  • When reporting by attribute, payroll costs are now included in calculations, making it easy to determine profit and loss by associate, department and location.
  • Payroll support added for Maine and Maryland.
  • Defects were fixed

August 8, 2016

  • Invoice numbers can be customized to include both alpha and numeric characters.
  • Unsubmitted timesheets can be viewed from the Unapproved page, in addition to unapproved timesheets.
  • Custom pay rates are now itemized on payroll pay stubs.

August 4, 2016

  • Payroll administrators can add and edit timesheets of 1099 contractors.
  • Defects were fixed

August 2, 2016

  • Year-to-date history of gross pay, deductions and withholdings can be recorded for each associate newly set up on FINSYNC payroll.
  • Associate benefits can be specified as pre-tax or after tax.
  • Defects were fixed

July 14, 2016

  • A newly redesigned Pay Runs view makes it quicker and easier to review and make changes to employee payroll records before processing.
  • Defects were fixed

July 7, 2016

  • Associate, Department, and Location attributes can be assigned to journal entries.
  • Defects were fixed

July 1, 2016

  • The recipient of emailed purchase orders can view them online, print a copy, mark them as approved, or post a note requesting an adjustment. The sender is kept informed of the status of the PO with email notifications.
  • Drop-down sub-menus have been added to the main navigation tabs to make it quicker to find what you're looking for and to jump to the page you need.
  • Defects were fixed

June 23, 2016

  • A new "Time Entries" report within the Projects tab gives you a simple and complete listing of project time entries made by everyone in your organization. Multiple filters allow you to create a precise report that can be exported for use in spreadsheets and elsewhere.
  • Your Balance Sheet and Income Statement reports can now be filtered by Associate, Department, and Location attributes, giving you more focused financial statements.
  • Creating a reversing journal entries is a lot quicker with the addition of a "Reverse" button that pre-fills a new journal entry with the correct values.
  • Federal and state tax exemption details can be specified per associate within FINSYNC payroll.
  • Defects were fixed and many minor improvements were made. 

June 20, 2016

  • The Timesheet page in the Associate's Portal sports a fresh new design that makes it easy to record both project and regular time in one place. Learn how to invite users.
  • More improvements to bank account settings give you more options and control.
  • Defects were fixed.

June 14, 2016

  • Improvements to timesheet time entry, submission, and approval process make it easier and more flexible for W2 employees and administrators.
  • Added Vermont payroll tax support
  • Defects were fixed.

June 6, 2016

  • The Associate views within Payroll have been redesigned to make it easier to add and modify associate records, and to quickly find what you need.
  • When emailing purchase orders to a vendor without a contact, one can be added (name, email) without leaving the purchase order.
  • Defects were fixed.

May 31, 2016

  • The setting up of new bank accounts and links with online banks has been made quicker and easier, and various bank accounts settings have been simplified and made more accessible.
  • A new "Options" menu has been added to Invoices for quick access to common functions such as emailing and saving a PDF copy.
  • Defects were fixed.


May 26, 2016

  • Within Banking, we've added the ability to create split transaction templates, making it easy to allocate repeat transactions between multiple accounts.
  • Defects were fixed.


May 15, 2016

  • Many improvements were made to the time tracking capabilities within Projects. Now you can create projects and tasks, and assign associates, while recording time and without additional steps.


May 10, 2016

  • Timesheet approval process for 1099 contractors gives administrators greater visibility and control of time to be paid.
  • New drop-down menus have been added to the Purchase Orders and Receivables lists for quicker access.
  • Defects were fixed.

April 18, 2016

  • 1099 contractors can now enter time using a simple and familiar timesheet view.
  • A redesigned Quick Links menu includes shortcuts to the most popular tasks.
  • It takes fewer steps to assign tasks to associates now that invitations don't first have to be sent.
  • Defects were fixed.


April 8, 2016

  • Adding project time, expenses, and billable purchases to invoices is made much easier with a simplified interface and options. [Learn about projects]
  • Task, Time, and Expense buttons have been added to the Project detail view for easier entries.
  • New drop-down menus have been added to the Projects list for quicker access.
  • Tasks from projects can be removed and their descriptions can be edited from the invoice edit view.
  • Defects were fixed.


March 29, 2016

  • Sales tax management moved into the Unapproved tab within Expenses for a more seamless workflow.
  • A "Total Cost" value was added to Project summary view.
  • Added Michigan payroll tax support.
  • Defects were fixed.


March 23, 2016

  • You can now create purchase orders for multiple vendors and many items in one step.
  • Transactions, such as expenses and deposits, can be tied to customers and vendors.
  • Several improvements to make it easier to track and manage billable tasks and expenses.
  • Added Arizona and Oklahoma payroll tax support.
  • Defects were fixed.
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