Cash flow an issue? Here are our tips to remove the roadblocks to speed up the time it takes to get paid!
It’s more and more common these days for your customer’s to pay a deposit, or pay their bill off in instalments. Same goes for your suppliers and payment terms – a deposit to start production and the balance on delivery for example. This is all good and well, but how do you record this in Xero without creating a million invoices for each stage?!
"I would rather face root canal surgery with no anaesthetic than do bank reconciliations" - Devan Sabaratnam
Does that sound like you? Well it's that time again.. the end of a quarter.. but it doesn't have to be as bad as all that! Why not look at it as a clean slate, a time to reflect and check in with your business? BAS time can actually be used to your advantage!