Keeping on top of business finances can be time consuming and it is for this reason that it is often best to work with a Bookkeepers Hereford professional to ensure that your accounts are up to date and to improve your cash flow and forecasting. Bookkeepers can help with invoicing your customers, chasing payments, reconciling your accounts and much, much more.
There are a number of tools that are used by bookkeepers that can help your business and here are a couple of them for you to look through.
Accounting software – there are a number of cloud accounting systems that can help businesses to keep on top of their finances. Quickbooks and Xero are amongst some of the options. These software choices allow you to manage all of your business finances in one place. It allows for invoicing to be done quickly and effectively and it also helps with chasing debts and recording expenses.
Payment options – it is a good idea to give your customers a number of different payment options. The ones that you choose will ultimately depend on the type of business that you are running and whether you are providing products or services. Stripe allows you to take card payments online and you can use platforms like GoCardless to take direct debit payments. Both of these payment gateways will charge a fee based on the amount being spent by the customer.