Know whether the barn is making money this month, not months from now. Income, expenses and net update as payments arrive and expenses are added. Compare actual numbers to your estimates.
How it works
You don't have to wait for the books to close to know how the month is going. Look back as far as three years to see which months carry the barn and which ones are lean. Add your own monthly estimates and HayNet shows whether you're running ahead of them or behind.
Month over month
Income, expenses and net sit side by side for every month, from the last six months back to three years, with the longer views grouped by quarter. The current month shows so far, so you can see how it's going before it's over.
What counts as income
Income counts payments collected through HayNet, after processing fees, dated by when the money arrived. Refunds count in the month they're refunded, so each month shows what actually came in.
Estimates
Add your best guess at monthly income and expenses. Until your real numbers come in, the chart shows your estimates, and once they do, the card tells you whether income and expenses are running above or below what you expected.
Invoice status
The billing summary shows your invoices by status, draft, open, paid and past due, with your top clients by revenue beside them, so you know who still owes you before you chase anyone.
Common questions
Payments collected through HayNet in a period, after processing fees. Income is dated by when the money arrived, and refunds count in the month they're refunded.
Yes. On your Finance home, add your best guess at average monthly income and expenses. The chart shows your estimates until your real numbers come in, then tells you whether income and expenses are running above or below them. Edit or clear your estimates any time from the card's menu.
Up to three years. Switch between six months, a year, two years and three years; the longer views group the months into quarters. Tap any month or quarter to see its income, expenses and net.
Yes. When you pay for something on a client's behalf, like stall fees at a show, a vet bill or hauling fuel, and charge it back, it's a reimbursement. Tag the line on the invoice as a reimbursement, or log the expense in Expenses and pick the client under Invoice to (coming soon).
Either way it stays out of income across your invoices, reports and exports. Your gross and net show what the barn actually earned.
No card required. Available on Apple iOS, Android and Web.