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No one likes fine print – not even those who have to write it. Invoice Payment Terms and Conditions are particularly problematic, especially for small businesses trying to set them up for the first time. Unfortunately, they’re vital in ensuring that your clients understand your payment terms and schedule and that you get paid on…
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We have already established the importance of accounting software. They help save time, money, and trouble. Gone are the days of manual accounting, you don’t need a pen, paper, and calculator to do accounting anymore as the best accounting software can take care of long and complicated tasks and provide error-free results in just a…
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They say that only death and taxes are certain in life. But if you own a business, there’s one more thing to worry about – invoices. They’re the most important financial document every business owner should know. But with 20 types of invoices to choose from, that can be quite a daunting task. Thankfully, we’re…
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Invoicing is one of the major parts of running any business, whether you offer freelance services, have an e-commerce store, or run a small contracting business in Australia. Without invoices you won’t get paid – they are pretty important! Why should your business use invoicing software? Let’s face it creating invoices, sending them to clients,…
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Invoices are one of the simplest documents that’ll ever cross your desk. Unfortunately, the same can’t be said for their creation process when even picking out your software is a headache. You can design your invoices in Word, Excel, Google Docs, specialized invoice makers, draw your own… With so many options, it’s easy to feel…
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Managing invoices is vital for business credibility. If you’re a freelancer, run a SME, or handle finances, you’ll face outstanding invoices. This term can be unsettling, especially if awaiting payment. So, what is an outstanding invoice, and why does it arise? How can we tackle it? Outstanding invoices, while prevalent, aren’t unbeatable. Let’s dive-in to…
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So you’re looking to create your own invoice – clearly, or you wouldn’t be reading this. Well, luckily for you, that’s easy enough with modern technology. You can design invoices in Excel, Word, Google Docs, specialized invoice generators, use pre-made templates or draw your own. The possibilities are near infinite!Unfortunately, that does mean that freelancers…
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Managing finances is the backbone of any business, large or small. Among the various financial processes you may encounter, invoice reconciliation stands out as an essential practice. But what exactly does it entail, and why is it so important? The Ins and Outs of Invoice Reconciliation Invoice reconciliation compares a company’s internal financial records against…
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As a freelancer, you may have various clients with different projects that require you to manage their deadlines to keep everything nice and easy. It is usually a common occurrence that you find yourself among so many projects and don’t know where to start or how to deal with them. And you are reading this…
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You can’t operate a business without sending invoices to your clients. Creating and sending invoices is vital to get paid. The importance of invoicing is very well known, yet it is common for businesses to make invoicing or billing errors that result in billing issues. In this article, we’ll talk about some of the most…
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Why consider an invoice management system and how to choose the best one for your business? Read on to find out.As a small business owner, you will have to deal with dozens of invoices on a daily basis. Things might get even more complicated as your business grows and you start to have working relationships…