As a business owner, managing your finances can be a daunting task. From invoicing and reconciliations to financial reporting and compliance, there are many moving parts to keep track of. That’s where Xero comes in – a cloud-based accounting software designed to simplify your bookkeeping and financial management.
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As a small business owner, you wear many hats. But bookkeeping doesn’t have to be one of them. Hiring a bookkeeper can help you:
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DEBTOR MANAGEMENT – YOUR BUSINESS MATTERS
Do you have good policies in place to manage outstanding debt?
How often do you follow up overdue invoices?
Read the tips below to help set up simple but highly effective debtor management systems for your business.
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Separate personal bank account for business transactions. It’s not strictly speaking necessary, but it’s a good idea. Why?
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