Money and bookkeeping1 answers · 0 following
How should cash-flow scenarios trigger action?
I have optimistic and cautious forecasts but they do not change any decisions.
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Money and bookkeeping1 answers · 0 following
Who should have access to bookkeeping and banking systems?
The founder, bookkeeper and accountant need different levels of access. What is a safe starting point?
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Money and bookkeeping1 answers · 0 following
How often should a small business review software subscriptions?
Low monthly charges are accumulating across different cards and owners.
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Money and bookkeeping1 answers · 0 following
How should refunds and credit notes be recorded?
We sometimes refund part of an invoice and the bookkeeping becomes unclear.
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Money and bookkeeping1 answers · 0 following
What should a business check on a VAT invoice?
A supplier invoice includes VAT, but I do not want to assume it is valid evidence.
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Money and bookkeeping1 answers · 0 following
What payment terms make credit control easier?
I want invoices to be clear before the first late payment happens. What should the agreement state?
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Money and bookkeeping1 answers · 0 following
Should a microbusiness use purchase orders?
We only have a few suppliers, but recurring spend is becoming hard to approve.
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Money and bookkeeping1 answers · 0 following
How often should a tiny business update bookkeeping?
Monthly feels possible, but I worry that problems will build up.
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Money and bookkeeping1 answers · 0 following
What should I prepare before speaking to an accountant?
I want the first meeting to focus on decisions rather than cleaning up files.
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Money and bookkeeping1 answers · 0 following
What is a calm process for late customer payments?
I dislike chasing clients and leave it too long.
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Money and bookkeeping1 answers · 0 following
What makes a useful invoice-numbering system?
Can I simply start at one and count upwards?
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Money and bookkeeping1 answers · 0 following
Should a sole trader use a separate bank account?
I want simple records and do not want to buy unnecessary services. What has worked for others?
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Money and bookkeeping1 answers · 0 following
How do I know whether my price covers the real cost?
I have added a margin to direct costs but still feel busy and underpaid.
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Money and bookkeeping1 answers · 0 following
How detailed should a first cash-flow forecast be?
I do not have enough history for sophisticated assumptions.
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Money and bookkeeping1 answers · 0 following
What is the simplest reliable way to capture receipts?
Paper and email receipts end up in different places.
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