Getting paid for the work that your business does is a crucial part of keeping the show on the road. Our free resources share tips and guidance for accepting payments in your business, what options are available, and how to manage late payments more effectively.
Recording transactions accurately is the foundation of good bookkeeping, minimising the risk of skewing your figures and messing up your tax returns. This is why it’s important to know exactly what counts as a transaction and where it should be recorded. We’ll explore what counts as a transaction, along with a few examples. What is…
Hopefully, clients and customers will pay on time and without issue. OK, we know that’s not always the case, and customers occasionally, for any number of reasons, won’t pay their bill. Fortunately there are options to take in this situation, as well as measures to try and avoid overdue bills. Prevention is better than cure…
Managing payments to suppliers can become confusing, especially if there are lots to keep track of. Like with most aspects of business finance though, careful monitoring goes a long way towards keeping things running smoothly. We explain how supplier payments can affect a business, and how to keep on top of them. Why it’s important…
It can be a juggling act, as an online retailer, to manage many different payment systems. Left unchecked, it adds up to a lot of manual data input and moving information from one piece of software to another….
Social distancing and self-isolation rules have hit businesses hard since the coronavirus COVID-19 outbreak. No face-to-face meetings or shopping might mean that your cash register or card machine have been worryingly silent….
