Administration
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The Cheque is in the Post…..!
- 13th May 2018
- Posted by: audrey
- Category: Accounts, Accounts Receivable, Administration, Aged Debt, Business Records, Finance
No CommentsWe know all too well that we can’t run a business without ‘making the sale’. However, a sale is no good to your business if you don’t get paid for the goods or services you provide. A poor Accounts Receivable Process has a huge negative impact on: Your Cash Flow Your Ability to pay your
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It’s Not “Guess Who” – Managing Accounts Payable
- 1st May 2018
- Posted by: audrey
- Category: Accounts, Accounts Payable, Administration, Business Records, Finance
For small businesses in particular, managing accounts payables or creditor payments can sometimes be stressful. But, having a simple payables routine in place is just one aspect of efficient Cash Management that can greatly assist with your cash flow and budgeting. Some considerations for an effective Accounts Payable Routine include: Knowing your Creditors & their
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It’s Nothing Personal – Business Banking
- 22nd April 2018
- Posted by: audrey
- Category: Accounts, Administration, Business Records, Finance
Keep your business and personal finances separate. This is fundamental oversight by many business owners, both new and established. Not doing so can result in: Confusion when reviewing bank statements A major headache when trying to gather info for your accounts and tax returns Limited Audit Trail or having to include your personal statements as
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Why Do I Need to Keep Good Financial Records?
- 15th April 2018
- Posted by: audrey
- Category: Accounts, Administration, Business Records, Finance
This is a question I’m frequently asked. I haven’t yet met a business owner who likes doing financial admin. Without fail, it’s the one aspect of their business that results in eyes glazing over or shoulders dropping under the weight of anticipated paperwork. It is often my experience that many clients leave their admin until