Tips for better financial management

Let's stay on top of your business finances!
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Tips for better financial management

Use the services of a BAS agent for expert help and advice
BAS agents have the knowledge and skills to help you keep accurate business records. They are required to keep up to date by taking relevant courses and educational activities. Read more
Keep your records up to date on a monthly or quarterly basis
This will provide you with current information to make more informed business decisions. You will be able to see what areas of your business are performing well and what areas require improvement. How I can help
Take control of your accounts receivable
It's very important to ensure you receive payment for the work you have done as soon as possible. Track outstanding invoices and chase any late payments to manage your business cash flow. Tips to improve cash flow
Plan for major expenses
Up to date records and accurate reports will allow you to confidently plan for larger expenses and make more informed decisions. Read more

Let's stay on top of your business finances!

Use suitable online accounting software
This is a convenient and safe way to keep control of your business financial transactions. Create and send invoices and track your expenses anytime, anywhere as long as you have internet connection. Read about the benefits
Use bankfeeds to link your business bank account and credit card
This will automatically import transactions giving you up to date balances and reports. Most repeat transactions can be automatically categorised to save you time.
Avoid paying for business expenses in cash
Pay all your business expenses from your business bank account or credit card. This will mean that all business transactions will be included in your bankfeeds automatically and recorded in your records.
Keep your personal finances separate
Keep a separate bank account and credit card for your business expenses. Doing this will save time processing unnecessary personal transactions.