FreeAgent + Cash Flow Forecasting: Complete Workflow
Preparing for cash flow forecasting and using FreeAgent? Cash flow forecasting requires analysing historical bank transactions to predict future income and expenditure patterns. PDF statements can't be analysed programmatically. BankScan AI bridges the gap between your bank's PDF statements and FreeAgent's import feature.
BankScan AI → FreeAgent for Cash Flow Forecasting
Convert bank statement PDFs to CSV / OFX formatted for FreeAgent import. Convert months of bank statements to Excel and use pivot tables, charts, and formulas to build accurate cash flow forecasts from real transaction data.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 6-12 months of historical data to establish reliable patterns for forecasting 3-12 months ahead of statements.
AI formats for FreeAgent
Output as CSV / OFX with Date, Description, Amount (single column) — FreeAgent also accepts OFX files which skip the column mapping step entirely — dates in DD/MM/YYYY.
Import and use for cash flow forecasting
Upload into FreeAgent and use the reconciled data for cash flow forecasting.
Supported Banks
BankScan AI works with all major UK and US banks, including:
FreeAgent + Cash Flow Forecasting Features
- FreeAgent ready — Output formatted as CSV / OFX matching FreeAgent's expected column structure
- Smart integration — FreeAgent automatically estimates your tax bill in real-time as transactions are imported, giving sole traders an up-to-date picture of their tax liability.
- Built for Cash Flow Forecasting — Convert months of bank statements to Excel and use pivot tables, charts, and formulas to build accurate cash flow forecasts from real transaction data.
Import for Cash Flow Forecasting into FreeAgent
After converting your bank statements for cash flow forecasting:
- In FreeAgent, go to Banking > select your account > Import Bank Statement
- Choose CSV or OFX format, upload the file, and FreeAgent will parse the transactions automatically
Common Import Issues
FreeAgent can struggle with CSV files that have extra header rows or summary rows at the bottom. Ensure only transaction data rows are included.
FreeAgent Import for Cash Flow Forecasting
Cash flow forecasts should be updated monthly at minimum; businesses approaching cash crunches may need weekly rolling forecasts to manage survival
Convert for FreeAgent + Cash Flow Forecasting