Client Testimonials

"Jim's Bookkeeping has relieved me of the Stress of lodging BASs on time and enabled me to focus on building the business rather than doing the bookwork. Thanks to Jim's now I have time to play my ukulele."

Chris Ivory
Owner
Northern Sewing Machines

"Thank you very much for the time and effort you have spent over the last 8 months or so, not only keeping the business on track with the books. Please extend my thanks to them as I know we certainly aren't your easiest clients."

Ollie, General Manager
Heritage

Leader Business Achiever Award


Tip No. 1: Collect your debts


If you need to offer credit to your customers make sure that you ask for any outstanding amounts to be paid by a certain date and follow up with regular demands for payment backed by a debt collection strategy. Your initial invoice should have the credit terms clearly shown and this needs to be given to the client at the time of the transaction.

Modern computer programs allow you to send invoices with emails so there is no excuse for not keeping your customers informed that they owe you money. Keep a monthly report of aged debtors that shows who owes what over 30 day, 60 day and 90 day periods and use this information to set yourself a target of no more that 20% of debt being over 30 days.



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