Five easy ways to make your business run smoother and smarter

Some quick tips

  1. Use bookkeeping software that connects to your bank account and automatically organises your transactions - this will save you heaps of time.

  2. Do a bank reconciliation as often as possible, to see your cashflow in real-time. Managing cash flow is crucial.

  3. Give your bookkeeper and accountant a login, so they can give professional advice sooner rather later. Havng up to date books means you can make decisions with more certainty and faster.

  4. Use online invoicing for quicker and easier payments. This just makes sense.

  5. Connect your business systems to your bookkeeping software so all your data is accurate and up-to-date. It also saves time and reduces errors.

There are a numbe of software choices in the market. Xero is generally our first choice for the small to medium sized business for easre of use and cost effectiveness. Do some research and find out what works for your business though as one size doesn't always fit all!

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Della Nicholson

Della Nicholson Accounting is a boutique accounting firm in Wynnum Manly, Brisbane. Specialising in accounting & taxation services, bookkeeping, web based software and e-commerce. We concentrate on providing superior personalised service to clients and producing high quality services in a timely manner. We would genuinely love your business. Call us today +617 3396 8868. Member of the Institute of Chartered Accountants in Australia, Registered Tax Agent, Registered ASIC Agent, Taxation Institute of Australia Chartered Tax Advisor.