Title: 11 Reasons Online Billing Is Better
1When to hire a Bookkeeper and an Accountant
2-
- Are you still sending invoices as attachments to
emails or even paper bills in snail mail?
Theres a better way. A way that automates much
of the process, making it easier for both you and
your customers. Below are just some of the things
good online billing software can do
31. Convert a quote to an invoice.
- Customers accept the quote by clicking
Approve. Its then converted to an invoice,
with no extra work or duplication of effort
between your sales and receivables departments.
42. Automatically fill in prices.
-
- You enter an item on the invoice and the
software adds the price from your pricing
schedule.
53. Automatically deduct sold items from inventory.
- Keep your supplies status up to date without
lifting a finger.
64. Create an invoice as a web page.
- Get paid faster with this process. You send your
customers a link to the page, and they can pay
instantly without having to visit their banks
website, call you or mail a check.
75. Eliminate the need to send revised invoices.
-
- An online invoice also cuts down on error
correction hassles. You can edit it right up to
the moment your customer pays it.
86. Send an invoice from your mobile device.
-
- If your business takes you out and about, you
can still send an invoice the minute a job is
finished.
97. Accept credit cards and online payment options.
- Online billing software integrates easily with
credit card, debit card, direct bank debit and
online payment provider options such as Stripe,
PayPal and GoCardless.
108. Automatically reconcile bill and payment.
- Link the billing software to your bank account
and it will notify you when the bill has been
paid, and when its overdue.
119. Automatically send past due reminders.
- You schedule the reminder for a specified
number of days overdue and enter a pre-written
letter. The software does the rest, tracking
dates and sending the letters.
1210. Reveal cash flow status.
-
- See your receivables picture at a glance how
much should be coming in next week or month.
Compare that figure to your predicted expenses to
get early warning of a possible cash shortfall.
1311. Simplify tax preparation.
- Good online billing software can integrate with
accounting software to automatically enter
payments in your books and tax code them in real
time. Result no last-minute headaches at tax
filing time.
14- Xendoos services include Xero Accounting
Sofware that can meet all of your invoicing
needs. Its technology at its best, reducing
payment times, saving hours of manual data entry,
taking your business mobile and more.