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What's new

Changelog

Every new feature, improvement and fix — shipped by the Finovo team.

1.6.0

8 May 2026

Fixed Assets module & Depreciation Schedules

Track, manage and depreciate your business assets automatically — straight-line, declining balance and units-of-production methods all supported.

  • NewFixed Assets module — register assets with purchase date, value, useful life and depreciation method
  • NewAutomatic depreciation journal entries posted monthly or annually
  • NewAsset register report — full list with net book value at any date
  • NewDisposal workflow — record sale or write-off with automatic gain/loss calculation
  • ImprovedBalance Sheet now correctly reflects accumulated depreciation
  • ImprovedChart of Accounts pre-populated with fixed asset account codes for UK, FR and DE
  • FixedImport wizard no longer truncates asset description fields over 100 characters
1.5.0

22 April 2026

SEPA Batch Payments & German ELSTER improvements

Pay multiple EU suppliers in one batch with SEPA XML, and enjoy faster, more reliable ELSTER tax filing for German businesses.

  • NewSEPA Batch Payments — generate pain.001 XML files for multi-supplier batch transfers
  • NewIBAN validation on all supplier contact records
  • NewELSTER Voranmeldung (UStVA) can now be submitted directly from Finovo via ERIC API
  • NewGerman payroll: DATEV export format supported for bookkeeping handoff
  • ImprovedELSTER authentication now supports soft certificates alongside Elster stick
  • ImprovedSupplier payment page redesigned — bulk select, sort by due date, filter by status
  • FixedSEPA file generation failed for companies with special characters in their legal name
  • FixedGerman VAT rate changes on 2026-01-01 now correctly applied to all new invoices
1.4.0

5 April 2026

Open Banking expansion — 400 new banks

We've expanded our open banking coverage to over 2,400 UK and European banks, including all major German Sparkassen and French Crédit Mutuel branches.

  • New400+ new bank connections added — total coverage now 2,400+ institutions
  • NewGerman Sparkassen and Volksbanken supported via FinTS/HBCI protocol
  • NewFrench Crédit Mutuel and CIC branches now available
  • NewBank connection health dashboard — see last sync time and reconnect with one click
  • ImprovedTransaction import speed improved by 60% for accounts with 12+ months of history
  • ImprovedDuplicate transaction detection now uses fuzzy matching on amount ± 0.01 and date ± 1 day
  • FixedSome Barclays Business accounts showed transactions in wrong currency after currency conversion
  • FixedHSBC connection occasionally showed pending transactions as cleared
1.3.0

20 March 2026

French Payroll — DSN & URSSAF integration

Run full French payroll in Finovo. DSN generated automatically and submitted to URSSAF. Payslips in French, compliant with French labour law.

  • NewFrench payroll module — support for cadre and non-cadre contracts
  • NewDSN (Déclaration Sociale Nominative) generated and submitted electronically each month
  • NewPayslip template compliant with French labour law — fiche de paie
  • NewURSSAF contribution rates updated automatically each year
  • NewCongés payés (holiday pay) accrual tracking built in
  • ImprovedPayroll calendar now shows next DSN deadline with countdown
  • ImprovedEmployee onboarding form now collects French social security number (NIR)
  • Fixed13th month bonus was not correctly factored into URSSAF contributions in some cases
1.2.0

1 March 2026

Multi-currency Invoicing & Live Exchange Rates

Invoice clients in any currency with live exchange rates pulled automatically. Finovo handles the FX accounting for you.

  • NewMulti-currency invoicing — send invoices in USD, CHF, JPY and 50+ other currencies
  • NewLive exchange rates updated hourly via ECB and Bank of England feeds
  • NewFX gain/loss automatically posted to the income statement on payment
  • NewCurrency revaluation report — unrealised FX position at any balance sheet date
  • NewWorkspace default currency and secondary reporting currency settings
  • ImprovedInvoice PDF shows both foreign currency amount and home currency equivalent
  • ImprovedBank reconciliation correctly handles transactions in non-home currencies
  • FixedRounding errors on EUR invoices exceeding €100,000 in rare edge cases
1.1.0

12 February 2026

Analytics Dashboard & Custom Reports

New visual analytics dashboard with KPI cards, trend charts and 15+ standard financial reports. Build your own reports with the report builder.

  • NewAnalytics dashboard — revenue, expenses, cash flow and AR/AP KPI cards
  • New15 standard financial reports including P&L, Balance Sheet, Cash Flow, Aged Debtors/Creditors, VAT Ledger
  • NewCustom report builder — filter by date range, account, cost centre, project, tag
  • NewReport scheduling — automatically email reports to stakeholders weekly or monthly
  • NewExport to PDF and Excel from any report
  • ImprovedDashboard loading time reduced from 4s to under 400ms
  • ImprovedP&L comparison view — current period vs prior period or budget
  • FixedCash Flow Statement was double-counting certain non-cash transactions
1.0.0

10 January 2026

Finovo launches 🎉

Finovo is officially live. Everything you need to run your finances in one place — invoicing, expenses, banking, payroll and tax filing for the UK, France and Germany.

  • NewInvoices, Quotes, Credit Notes, Delivery Notes and Purchase Orders
  • NewExpense management with receipt scanning (OCR)
  • NewOpen banking — connect UK and EU bank accounts
  • NewBank reconciliation with AI-powered transaction matching
  • NewDouble-entry accounting with full Chart of Accounts
  • NewHMRC Making Tax Digital (MTD) VAT filing
  • NewUK Payroll (PAYE, National Insurance, pension auto-enrolment)
  • NewDocument storage with full-text search
  • NewMulti-user workspace with role-based permissions
  • NewClient portal for customers to view and pay invoices online