Five Easy Ways To Make Your Business Run Smoother And Smarter

July 9, 2014

Bookkeeping is much like going to the dentist—no one really wants to take the time out to do it but procrastinating, swipe it under the carpet, take things easy (well, you get the idea) can lead to serious repercussions. In small businesses, owners often tend to keep account functions in-house. It can be a daunting task especially if a business owner either wants to do by him or herself. Some owners even have their spouses, siblings, or children to act as their bookkeepers. Xero, world’s easiest accounting software, has provide great resources for business owners alike on five easy ways to make your business run smoother and smarter in one of their post, Take The Boring Out Of Bookkeeping.

Five easy ways to make your business run smoother and smarter

  • Use bookkeeping software that connects to your bank account and automatically organises your transactions.
  • Do a bank reconciliation as often as possible, to see your cash flow in real-time.
  • Give your bookkeeper and accountant a login, so they can give professional advice sooner rather later.
  • Use online invoicing for quicker and easier payments.
  • Connect your business systems to your bookkeeping software so all your data is accurate and up-to-date.

If you need more tips on how to be smart business owners and how to make the most out of your brand-spanking-new cloud accounting system, Xero got you covered here.

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