Xero 101 : An Introduction guide
Do you feel like invoicing is a nightmare?
You enjoy receiving the money but you find it boring and tedious to do the invoicing. You would much rather be doing something more fun than churning out invoices.
Although getting a lot of work is a good thing for your business it also means more invoicing and sometimes you can lose track of who owes you what. That’s when you need a good system for tracking this.
It’s no good the money sitting in their bank and not yours. You’ve done all that work with nothing to show for it.
Many people find it difficult asking people for money that they are owed, as it can be sensitive. Especially if you’re close to the client. You don’t want to spoil the relationship that you have worked hard to build up.
So what can you do?
You can use Xero as your debt collector. You sit back and let Xero do the talking.
Xero will let you manage and stay on top of who owes you what.
It can do many things:
Automatically sending out invoices when the job is done.
Creating and managing recurring invoices, for those clients on monthly retainers.
Regularly reminding clients of when their payment due date is, in a simple, efficient and impartial way.
Chasing those clients who have missed a payment, and sending them overdue notices at regular intervals.
Displaying and printing reports to show you who owes money and when you can expect it, to help you manage finances and cash flow.
And generally just making your life a whole lot easier.
By using Xero you will save hours, where you won’t be calculating, inputting and sending out invoices yourself. Just think, you will have time to do things you enjoy!
If you would like to find out more about how Xero can help you collect your outstanding invoices please get in touch with us. We can arrange a demo and show you how easy it can be.