Introduction to Provestor online
Welcome to this short introduction to help you get started with Provestor. We'll take you through the key features of the software and signpost you in the right direction.
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Try the search box above to see how easy it is to find answers. Your Account manager is only a phone call or email away too.
Dashboard
The dashboard is an overview of your company's financial position, in terms of cash available. The three circles are called your LiveCash which displays this position in real-time as you update your records in Provestor.
The dashboard also includes reminders which inform you of any important actions and deadlines. Once actions are completed either by you or the Provestor team, the reminder disappears.
Expenses
The Expenses screen allows you to record business expenses paid using personal money and business mileage travelled in a personal vehicle. Expenses recorded here will be reimbursed to you or another employee.
Any expenses paid direct from your company’s bank accounts are not recorded here. They are entered in your bookkeeping screen.
Properties & tenancies
This is your starting point in Provestor. Your Account Manager will let you know when your first property has been added then from there you will be able to add tenancy agreements. This important step will save you time as details for properties are used throughout the software for tracking so you don’t need to keep re-entering the same information.
Find out more here.
Rent
You will use the invoicing screen to create and manage invoices for your tenants. By setting up a tenancy agreement, your invoice will be pre-populated with your tenant’s details and with a few clicks your invoice will be ready to send. You can email your invoice direct to your tenant from the invoicing area.
Withdrawals
Whether salary payments to directors or employees, or dividends to shareholders, you'll find what you need in the withdrawals section.
Bookkeeping
Bookkeeping is the heart of your company records. In this section of the software you'll keep an accurate record of your company’s business bank account transactions. By keeping your bookkeeping transactions matched exactly to your bank statements, you can be confident that Provestor will provide you with an accurate view of your company’s finances.
Bookkeeping is straightforward and takes just a few minutes each month. You’ll need to:
- Ensure that any pending payments (such as rent payments or dividend payments) are matched with the transactions on your statement
- Add any missing transactions such as bank interest or outgoings paid for from your company’s bank account
- Check the date and amounts of transactions and your bank balance to ensure they exactly match your bank statement
You’ll need to complete this for all of your company’s current, savings and credit card accounts.
Find out more here or view your bookkeeping screen ⧉.
Taxes
Details of your company taxes can be found in this section. Provestor will keep track of your taxes throughout the year and remind you what you need to pay, and when.
Find out more here.
Documents
We'll save important documents such as tax returns, accounts and letters we receive for you in the documents section of Provestor.
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