Agicap shows you how much money will be in your account over the coming weeks and months. To do that, it connects to your bank and your accounting software. I’ve used Agicap with clients, and here I write about what it’s good for and when it’s too much.
What Agicap does
Agicap reads income and expenses from your bank accounts and your bookkeeping and turns them into a cash flow forecast. You see when invoices are due, whether salaries will still be covered in three months and what happens if a big customer pays late. Agicap sits on top of your accounting software and works with its data.
Main features
- All bank accounts in one place
- Cash flow forecast and scenarios
- Open invoices and due dates
- Budget and variances
- Connection to accounting software like DATEV, Lexware Office, sevDesk and BuchhaltungsButler
- Combining several companies
What does Agicap cost?
Agicap changes its prices and plans regularly. You’ll find the current prices directly on Agicap’s website.
Who Agicap is worth it for
Agicap helps most if you have several bank accounts, your income varies a lot, or you regularly have to decide whether an investment is affordable right now. For a small business with one account and steady income, a simple plan in your accounting software is often enough.
What to know beforehand
- Agicap is only as good as the data from your bank and bookkeeping. If receipts aren’t booked, the forecast won’t be right either.
- The scenarios take some getting used to.
- For small teams the price is high for what you get.
My verdict
If your ongoing bookkeeping runs properly and you want to know what things will look like in three months, Agicap is a good addition. If the bookkeeping isn’t in good shape yet, that’s where I start.
I record your day-to-day business transactions and prepare your VAT returns and year-end closing up to the final step. You or a tax advisor of your choice then submit them.
