Sick of spending all your spare time creating invoices? Let’s help you get your weekends back. Construction invoice apps simplify the process and take away a lot of the hassle. And – help get you paid sooner! Construction and trade invoicing is a big job Construction invoicing requires you to: record third-party costs track time […]
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Does your business pay bills using cheques? Do you send out printed invoices? You could be revealing sensitive business information to criminals. We spoke to online bill payment company Bill.com to find out you can avoid payment fraud. Online bill payment software is fast, easy – and safe Small businesses often have fewer people and […]
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Retailers work really hard to avoid overspending on inventory and staff. The sums can be complex and painstaking. Affordable retail management software can dramatically simplify those jobs, allowing you to run a smarter business and save valuable time. Inventory and staffing Retailers have to take risks that other businesses don’t – in particular, buying and […]
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It would be nice if you could send an invoice, then sit back and watch the money roll in. But the reality is, half of all invoices are paid late. And some aren’t paid at all. So how do you handle outstanding invoices? How to collect money Some people – like credit control managers, accountants […]
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You’ve heard people talk about cash versus accrual accounting, but what is it all about? And why does accrual get all the glory? We take you through the basics. The difference between cash and accrual accounting The difference between cash basis and accrual basis accounting comes down to timing. When do you record revenue or […]
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There are many ways to get into business, but only one way to stay in – you have to get paid. That’s why a good accounts receivable process is critical. What is an accounts receivable (or trade debtors) process? The job of accounts receivable is to get money in the door. There are a lot […]
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Cash-strapped businesses have trouble finding working capital, and they generally don’t want to take on more debt. Invoice financing allows them to get a cash advance on unpaid invoices. It could be a good alternative for your clients. Read more to learn more about invoice financing and how it can help cash flow. First things […]
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First, lets discuss the basics of inventory accounting. To correctly account for inventory, you need to know how much stock you have and what it’s worth to your business. Ideally, ‘worth’ will be broken down into: what you paid for it what you’ve spent on it since you bought it, and what you sell it […]
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Moving from your traditional desktop accounting software to a cloud package has many advantages for your business, but you may be worried that the cloud is not safe.
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