Some quick tips
Use bookkeeping software that connects to your bank account and automatically organises your transactions - this will save you heaps of time.
Do a bank reconciliation as often as possible, to see your cashflow in real-time. Managing cash flow is crucial.
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.
Use online invoicing for quicker and easier payments. This just makes sense.
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!