Give your books some love this Valentine's Day
It’s February 14th, and the most romantic day of the year is finally upon us! If you’ve been neglecting your business books lately, why not kiss and make up this Valentine’s Day? Here are some tips to help you rekindle your romance with your finances.
Adore your invoices
If your invoices are crying out for some attention this Valentine’s Day, give them some TLC! Start by double-checking that you’ve sent invoices for all the work you’ve carried out and then take some time to chase up any invoices that are outstanding. You might hate talking money with your clients, but your accounts will love you for it! For some hints and tips on dealing with these types of conversations, check out our blog post.
Embrace your expenses
Do you have a big bundle of receipts gathering dust in your wallet? Show your expenses some love by going through all these receipts and entering them into your accounts, either manually or by using a receipt scanning service like ReceiptBank. In FreeAgent, just snap a photo of your receipt on your mobile phone and attach them directly to your expense entries - easy!
Make banking blissful
When was the last time you checked to make sure that all your bank transactions have been included in your accounts? If your bank transactions and accounts are in need of some quality time together, download your historic statements from online banking and check them to make sure you’ve included all the relevant transactions in your accounts. If you’re using FreeAgent, you can even import your statements directly into your accounts, which will save you time.
Give your books an hour a week
Now you’ve rekindled your romance with your business books, don’t let the spark die! At FreeAgent, we believe that it should take no more than an hour of bookkeeping a week to stay on top of your finances. So, for timely, accurate information that will help you to make the right decisions for your business, give yourself a weekly date with your books!
- Last-minute tax saving tips
- Budget 2017 update: some good news for freelancers
- Could you run your small business from your smartphone?
- Budget 2017: another rough ride for freelancers
- Budget 2017 - what can we expect?