Bank reconciliation sounds like a scary accounting procedure but it’s really quite straightforward. Sage Technical Writer Andy Rickeard explains what it involves in Sage 50 and Sage Instant Accounts.
What is bank reconciliation?
Reconciling your bank…
Late payments are a problem for many businesses with mounting costs and hours spent chasing payments
There are steps you can take to help you get paid faster. Our guide to getting paid faster explains which payment method is fastest, how to handle the…
Cash flow is king - that’s what many business leaders say. It’s no surprise, given the fact that more business fail due to a lack of cash than for any other reason. We look at some simple steps to help improve your cash flow.
1. Keep an eye on your…
How flexible are your payment methods? How many of your customers pay on time? Late payments are a known issue for many businesses, with our research showing that the average small business being owed £12,000 in outstanding invoices.
It can be hard…