IRIS + Cash Flow Forecasting: Complete Workflow
Preparing for cash flow forecasting and using IRIS? 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 IRIS's import feature.
BankScan AI → IRIS for Cash Flow Forecasting
Convert bank statement PDFs to CSV formatted for IRIS 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 IRIS
Output as CSV with Date, Narrative, Debit, Credit — IRIS uses Narrative instead of Description and requires separate Debit/Credit columns — dates in DD/MM/YYYY.
Import and use for cash flow forecasting
Upload into IRIS and use the reconciled data for cash flow forecasting.
Supported Banks
BankScan AI works with all major UK and US banks, including:
IRIS + Cash Flow Forecasting Features
- IRIS ready — Output formatted as CSV matching IRIS's expected column structure
- Smart integration — IRIS links bank transactions directly to tax computations, so imported statements feed into both bookkeeping and tax return preparation simultaneously.
- 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 IRIS
After converting your bank statements for cash flow forecasting:
- In IRIS Accountancy Suite, open the client file, go to Bank > Import Transactions
- Select the CSV file, map columns to Date, Narrative, Debit, Credit, and import
Common Import Issues
IRIS is strict about column naming — use 'Narrative' not 'Description'. Also requires the CSV to not contain any currency symbols in amount columns.
IRIS 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 IRIS + Cash Flow Forecasting