myFinancePlus Basic Edition

Daily Finance Report

The myFinancePlus Basic Edition is a software 100% based on LRH Financial Policies.

Thus you always have a complete overview on all your finances. The first thing you see whenever you start the software is your personal Daily Finance Report with the latest data on every aspect of your finances.

Here you get basic information like whether or not your FP#1 is already covered for the week, what bills exist, a summary of all receivables and statistics for the Gross Income, the Cash/Bills and receivables.

It is even linked to a calender so you can keep track of important appointments and timelines.

The Income Line

You get a clear overview on every aspect of the standard Income Line.
From here you can execute all the needed tasks to control and record your income.

Here you can enter all the income you make. This allows you at see at all times at a glance how much income you made thus far and how much more receivables exist. Based on this data you can take the needed actions to make more income as needed to cover your financial demands.

The user interface is designed in a very user friendly fashion. It shows the user the flow lines based on the software and has a link to all the relevant related tasks at the bottom of the screen for easy use.

The Outgo Line

The Outgo Line is completly covered so you can record and keep track of all your bills and payments.

From here you can approve and pay bills and generate reports on every aspect of all the existing bills.

Again the user interface is designed in an easy to use way and has all relevant related tasks related to it.

The Purchasing Line

Along with all the functions of the myFinancePlus Basic Edition also comes the full Hubbard Management Technology based Purchasing Line with Purchasing Orders (POs), Estimated Purchasing Orders (EPOs) and Disbursement Vouchers. From here you can control every aspect of the entire line.

Whenever someone in your company wants to purchase something, he needs to fill out a purchase order (when the exact costs are known) or an estimated purchase order (when the exact costs are not known). When you do your weekly financial planning, you see all the purchase orders and estimated purchase orders and can approve or disapprove them, based on your financial plan.

This ensures no money is spent which is not approved by the financial planning.

Reports

As the myFinancePlus Basic Edition contains all your financial data you can of course create various financial reports on demand with a simple click.

This includes reports for creditors, clients, bills & invoices, disbursements, purchase orders and estimated purchase orders.

For each of the above points you can generate various different reports and even choose how detailed you want the information within the report to be.

This guarantees that you can always have a complete overview on every aspect of your finances and cashflows.

Statistics

And along with the possiblity of the various reports of course also comes a wide array of statistics on all the different aspects of your finances.

You get a statistical overview on things like gross income, cash/bills, purchases made, receivables etc.

Clients and Creditors

With the software you can also manage all your clients and creditors.

You can enter all relevant data for each client or creditor. The myFinancePlus Basic Edition is not a full CRM software, the actual use of the clients and creditors in the software is to record any bills or cashflows in regards to your clients or creditors.

Due to this, you can always easily see who owes you the most money, what clients make up the sum of receivables of your company and what creditors make up the sum of your bills.

This helps you to stay oriented on getting your own bills paid and to make the receivables of your company into actual income.