Xero

OCTOBER 11, 2022

You may have recently received an email from HMRC explaining that VAT-registered businesses will no longer be able to use this gateway to file monthly or quarterly VAT returns. If this slightly portentous opening feels overblown, that likely means you have your ducks in a row or are unaffected by the government’s push to digitise tax.

Tax 224

Tax XERO Accounting Accounting 224

Analytix Finance & Accounting

APRIL 21, 2024

Cash flow management plays a crucial role in successful financial management for small businesses. Investopedia says even if a company is making a profit by making more revenue than it incurs in expenses, it will have to manage its cash flow correctly to be successful. Goals S.M.A.R.T.

Budgeting 52

Budgeting Accounting Accounting 52

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes. From refining invoice approval workflows to embracing the digital shift, each step is a stride toward efficiency and precision.

AP 78

AP Accounts Payable Accounts Payable Invoicing 78

Xero

JULY 28, 2022

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, check out the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. million UK small businesses so we’re working closely with our partners to ensure everyone is prepared ahead of 2024.

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XERO Bookkeeping Reconciling Budgeting 262

Xero

JULY 21, 2022

It’s been a real privilege to share how we’ve been responding to the changing world of work over the last few years, with products that help you streamline your work, give you flexibility and control in your practice, and build relationships that are both meaningful and profitable. . Preparing your clients for MTD for ITSA.

XERO 172

XERO Bookkeeping Invoicing Tax 172

Gaviti

APRIL 18, 2023

This blog post will explore various strategies that finance and collections teams can adopt to better handle issues that might arise from these recent unyielding interest rate increases. Prioritize Cash Flow Management: During a recession, cash flow management becomes even more critical.

Collections 97

Collections Accounts Receivable Accounts Receivable Account Receivables 97

Counto

FEBRUARY 3, 2024

Simple Steps to Prevent Payment Delays and Ensure a Healthy Cash Flow As a business owner, you know how crucial it is to receive payments on time. Late payments can disrupt your cash flow, forcing you to borrow money to cover essential expenses.

AR 52

AR Invoicing Collections Financial Operations 52

MineralTree

FEBRUARY 23, 2023

Cash flow forecasting is a critical part of financial planning for businesses of all sizes. Accurate cash flow forecasts help businesses plan for the future, identify trends, and make strategic financial decisions. What is Cash Flow Forecasting? This includes data from both AP and AR.

AP 88

AP AR Data Entry Invoicing 88

Xero

MAY 30, 2022

Xero Small Business Insights (XSBI) data for April 2022 shows signs of emerging risks to small businesses in the UK, Australia and New Zealand. The rising cost of living pressures, inflation, ongoing supply chain issues and tight labour markets are some of the key factors contributing to small business performance.

XERO 179

XERO Bank Reconciliation Bookkeeping Billing 179

Invoicera

APRIL 28, 2024

Introduction Many businesses find it struggling to manage their expenses and payments. Studies show that almost 62% of a business’s profits can go towards paying off overdue bills that weren’t handled properly. And on average, 48% of businesses make 68% fewer profits because of issues with unattended accounts payable.

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoicing 52

Counto

FEBRUARY 4, 2024

Preparing a Cash Flow Forecast Cash flow is the lifeblood of any business, and managing it effectively is essential for sustained success. A cash flow forecast, also known as a cash flow projection, provides valuable insights into your company’s financial health.

Collections 52

Collections Tax Accounts Payable Accounts Payable 52

Less Accounting

APRIL 2, 2024

Bookkeeping is the backbone of any successful business, regardless of its size. Yet, many small businesses struggle with managing their finances effectively, often making critical mistakes that can impact their bottom line. Mixing personal expenses with business transactions can lead to confusion, inaccuracies, and tax complications.

Bookkeeping 59

Bookkeeping Reconciling Bank Reconciliation Outsourced Bookkeeping 59

Invoicera

APRIL 17, 2024

Introduction We hope that you know the importance of finance in business! “A Small Business Administration says 82% of businesses fail due to poor cash flow management or a lack of financial understanding.” Finance is a key to a business’s growth. 5 Tips for Financial Management in a Business 1.

Budgeting 52

Budgeting Expense Reports Record Keeping Invoicing 52

Billing Platform

SEPTEMBER 25, 2023

Consisting of a series of steps, the accounts receivable process refers to the money owed to a business for the purchase and delivery of goods or services. Think of it as an IOU to your business. For instance, the electricity your company uses is invoiced at the end of the service period.

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables AR 98

Invoicera

NOVEMBER 13, 2023

A strong business strategy is like the game of chess, where KPIs make every move easy. But what if you have a business strategy that makes it possible? But how can you ensure your choices are the right ones? So, these are the ‘key indicators’ of how your journey is progressing. Let’s embark on this KPI journey.

Microsoft Excel 59

Microsoft Excel Accounting Software Financial Reporting AR 59

Invoicera

APRIL 12, 2024

You are back in the office, ready to start your job day! Overdue invoices are frustrating as it affects cash flow of a business. According to a study by Fundbox, 64% of small businesses struggle with cash flow due to late payments. What do you see? We have that for you! We have that for you!

Invoicing 52

Invoicing Billing Collections Data Entry 52

Invoicera

JANUARY 9, 2024

It’s a common struggle among businesses—almost 60% grapple with this challenge! For this, we have a guide to take you out of the chaos, helping you build a system that not only smoothens your cash flow but also minimizes the headache of chasing late payments. But fear not! What Is the Accounts Receivable Process?

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables AR 52

Outsourced Bookeeping

MARCH 17, 2023

An unsteady cash flow is a sign of inefficient Accounts Receivable. But when one experiences the heat of cash flow problems, most business owners wouldn’t have time or leisure to fix the Accounts Receivable. This is also why 80% of small and medium businesses fail due to cash flow problems.

Accounts Receivable 59

Accounts Receivable Accounts Receivable Account Receivables AR Collections 59

Invoicera

OCTOBER 23, 2023

If yes, you need to learn the art of effective invoicing, eventually changing the whole game of managing business finances. We’ll also explore the digital revolution’s impact on invoicing and how automated systems like Invoicera can improve the whole process. Are you ready to start your invoicing game?

Invoicing 59

Invoicing Invoice Processing Billing Collections 59

Invoicera

APRIL 2, 2024

Introduction Efficient records management in any small business is paramount as it ensures healthy cash flow. The accounts receivables and payables management records have a unique significance in the business world. It’s the money that a business has to pay to another business for receiving goods/services from them.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounts Payable 52

Invoicera

APRIL 16, 2024

Subscription-based businesses might face issues while maintaining continuous revenue due to multiple subscriptions. If you are also struggling to manage your financial flow perfectly, this blog post is for you as it will take you through every aspect of recurring billing. What Is Recurring Billing?

Billing 52

Billing Invoicing Financial Records Financial Reporting 52

Outsourced Bookeeping

MARCH 16, 2023

An unsteady cash flow is a sign of inefficient Accounts Receivable. But when one experiences the heat of cash flow problems, most business owners wouldn’t have time or leisure to fix the Accounts Receivable. This is also why 80% of small and medium businesses fail due to cash flow problems.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables AR Collections 52

Invoicera

APRIL 27, 2024

Introduction A professionally-looking billing statement is always an important part of your business, which is why you need to focus on creating well-organized and easily comprehensible billing statements. However, it is fast, easy, and accurate if you follow these few simple steps to create statements from invoice templates.

Billing 52

Billing Purchase Order Invoicing Accounting Software 52

Invoicera

OCTOBER 23, 2023

If yes, you need to learn the art of effective invoicing, eventually changing the whole game of managing business finances. We’ll also explore the digital revolution’s impact on invoicing and how automated systems like Invoicera can improve the whole process. Are you ready to start your invoicing game?

Invoicing 52

Invoicing Billing Invoice Processing Collections 52

Counto

FEBRUARY 3, 2024

Understanding Accounts Receivable Aging Reports As a business owner, managing your finances efficiently is essential for maintaining a healthy cash flow and ensuring that your operations run smoothly. One crucial tool in achieving this is the Accounts Receivable Aging Report.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounting 52

Invoicera

SEPTEMBER 18, 2023

Imagine a steady stream of income flowing in month after month, providing your business with financial stability and the freedom to focus on what truly matters – delivering value to your customers. Isn’t it like your business has reached heights? Let’s start!

Billing 52

Billing Invoicing Invoice Processing Collections 52

Invoicera

SEPTEMBER 18, 2023

Imagine a steady stream of income flowing in month after month, providing your business with financial stability and the freedom to focus on what truly matters – delivering value to your customers. Isn’t it like your business has reached heights? Let’s start!

Billing 52

Billing Invoicing Invoice Processing Collections 52

Invoicera

SEPTEMBER 18, 2023

Imagine a steady stream of income flowing in month after month, providing your business with financial stability and the freedom to focus on what truly matters – delivering value to your customers. Isn’t it like your business has reached heights? Let’s start!

Billing 52

Billing Invoicing Invoice Processing Collections 52

AvidXchange

SEPTEMBER 6, 2023

It’s especially true for small businesses. But it’s harder than ever for small businesses to secure the financing they need to operate. Debt financing involves borrowing money from a bank or other lender to fund business operations. “It takes money to make money.” We’ve all heard the phrase.

Invoicing 105

Invoicing Collections Accounts Receivable Accounts Receivable 105

Invoicera

NOVEMBER 10, 2023

The most important aspect of any business is financial stability. If you understand your company’s financial health, then only you can make better future decisions ensuring its sustainability. Cash flow projections help you to predict future finances to a greater extent. What Are Cash Flow Projections?

Accounting Software 52

Accounting Software Accounts Receivable Accounts Receivable Account Receivables 52

Billing Platform

JANUARY 1, 2024

Depending on your needs, workflow can be simple or it can be extremely complex. Companies can use workflow automation software to replace paper-based and manual processes and tightly integrate it with other business systems. Here are the key steps in the billing process, followed by how workflow automation can optimize the process.

Billing 52

Billing AR Invoicing Reconciling 52

Counto

FEBRUARY 5, 2024

2024 GST Rate Change – Common Questions Asked Singapore implemented its second GST rate change on 1st January 2024, and the transition from an 8% GST rate to a 9% rate posed several questions and considerations for businesses. The specific type of documentation may vary depending on the basis of your apportionment.

Invoicing 98

Invoicing Tax Payroll Collections 98

Counto

MARCH 6, 2024

Ways to Get a High Business Credit Score in Singapore Similar to personal credit scores, business credit scores provide a snapshot of your company’s creditworthiness and financial health. The majority of small businesses require a minimum score of 75 to access credit with favourable interest rates.

Payroll 52

Payroll Tax Billing Invoicing 52

Invoicera

JANUARY 2, 2024

Introduction Understanding your company’s financial health is like reading a map to success. Imagine this: Every sale you make is a step forward, but how quickly you get paid on those sales is crucial in seeing your business journey progress. Think of it as a speedometer for your business’s cash flow.

Collections 52

Collections Accounts Receivable Accounts Receivable Account Receivables 52

Analytix Finance & Accounting

SEPTEMBER 5, 2023

A Chief Financial Officer (CFO) is responsible for setting a business’s financial budgets and objectives and taking concrete and appropriate steps to meet them. While many think hiring a CFO is only necessary for large organizations, it can benefit a business of any size and at any stage in its journey.

CPA 52

CPA Budgeting Financial Operations Financial Operations 52

Invoicera

FEBRUARY 12, 2024

With rapid economic shifts, this year may be ideal for reevaluating your pricing strategy. Determining when and how to increase your rates can be daunting as a business owner. You’ll learn how to analyze your market position, calculate new pricing, phase in changes gradually, and communicate value to retain customers.

Invoicing 52

Invoicing Billing Budgeting Customer Service 52

Invoicera

MAY 3, 2024

This guide will examine how legal companies can use advanced billing software to improve invoicing processes. Whether experienced or new, lawyers can improve their practice’s efficiency and profitability by effectively managing invoices. Let’s get started! Consequently, loss of revenues and client satisfaction could result.

Billing 52

Billing Invoicing Invoice Processing Auditing 52