Are accounting reports live and up to date?
Yes - Afirmo's reports update in real time as you reconcile transactions.
How it works:
- Bank transactions sync daily from Akahu
- You categorise transactions in Money > Bank Transactions
- As each transaction is saved, the P&L, Balance Sheet, tax dashboard, and GST dashboard recalculate
- Receipt uploads and invoice payments also flow through immediately
This means you can look at your P&L on any given day and see an accurate position based on everything reconciled to that point. The gap is only as wide as how far behind your reconciliation is.
For year-end reports, the tax team does a final review and any necessary adjustments before signing off and filing the tax return.