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Cashflow Tip – 5 ways to get more from your bookkeeping / accountant – or be a better bookkeeper
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Published on Thursday, 02 November 2017 10:36
1. Do I have the most suitable software for the business needs? Should I upgrade to the next level or another brand? We can help you for FREE – call for a chat!
2. Expenses we can reduce? What areas of expenses have increased, and are there better deals to reduce costs?
3. What areas/products of sales are growing? Can we see a trend in products or categories that are underperforming? What about the best performers – should we focus on building them more?
4. Checklist of the bookkeeping tasks so we don’t forget? Do you have a checklist – there can be at least 10 and more tasks each week/month – invoicing, paying suppliers, payroll, super, Workcover, collating customer payments, reconcile bank statements, reconcile credit cards, petty cash – if you want a template to track the main bookkeeping tasks, call or email
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5. Better Reports for more insight? What other reports does the software offer? I find that exploring other reports and seeing what customization is possible can reveal new reports and insights that help make better decisions! One is your Gross Profit Margin % – is there an industry guide to compare to? Email
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