Online Bookkeeping and Cash Flow

Q. How can online bookkeeping software help to manage and improve my cashflow?  

17th August 2018

Invoice on the go

With the best online bookkeeping packages, like Surf Accounts, you can create invoices and e-mail them to your customers at the click of a button while you are on site with them. You can also include your bank details for payment and will also be notified when the customer has received your mail and viewed the invoice, no more excuses about it getting lost in the post!

Client information at your fingertips

We often come face to face with our clients while delivering products/services. In a matter of moments you can access their up to date balances and outstanding invoices and request payment from them – it is a lot harder to say no when you are standing in front of them!

Make funding applications easier

Online accounts software makes it easier to keep on top of your day to day bookkeeping. This means you can provide your bank with a real-time, up to date view of how your business is performing which can help greatly if you need to apply for additional funding to grow your business.

Control your tax bills

Invoice scanning software, like Receipt Bank, will integrate with cloud bookkeeping packages, like Surf Accounts, to ensure that you never misplace a business receipt again. A quick photograph of an invoice and the Receipt Bank software will upload all the necessary details to the cloud and in turn, share these details with your bookkeeping software. This will result in lower VAT and income tax bills meaning more cash in the bank at the end of the year.

Disclaimer: Advice shared in this blog is intended to inform rather than advise. Taxpayer's circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this forum, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

Call us today to make an appointment at your local office

1890 98 76 09

Or submit an enquiry

Call us today to make an appointment at your local office

1890 98 76 09

Or submit an enquiry