Proactive Business Services in Balgowlah, New South Wales, Australia | Accountant

Proactive Business Services

Locality: Balgowlah, New South Wales, Australia

Phone: +61 2 9948 5521

Address: 277-283 Condamine St Suite 7, Level 1 2093 Balgowlah, NSW, Australia

Website: http://www.pbsaccounting.com.au

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• Business service
• Accountant
• Business consultant

24.01.2022 CASH FLOW Cash flow is the lifeblood of any business, it’s the money circulating in and out of your business during the month. Poor management of cash flow is the main reason that many small businesses fail. -If you find that more cash is going out of your account than coming in. ... -You are frequently overdrawn and having to find money to cover the payments or bank overdrafts. You need to take action to get your cash flow under control. Managing your Accounts Receivable is one of the more important aspects of your business: 1. Get your invoices out promptly, stating the amount due, when it's due and include terms of payment. Make the process as simple as possible for your customer. 2. It has long been known that the longer a debt is owed, the less likely it becomes that you're going to be able to collect it. Knowing about your customers and their debts is vital to collecting from them. 3. Monitor your Aged Receivables Report regularly. This way you will be able to establish clearly what clients need a gentle reminder to pay their account by sending them a statement Or 4. When customers have not paid their account for an extended period of time, a phone call may be required. The customer may be experiencing a cash flow problem themselves but may be amenable to a payment arrangement with your business, so that their account is brought up to date over an agreed period of time. If you would like assistance in getting your Cash Flow right give us a call on 02 99485521

24.01.2022 Michael Gerges Account manager at XERO congratulates Ray McCarthy of Proactive Business Services on achieving Gold XERO Partner status.

07.01.2022 What ever your financial or business requirement, we have you covered. Talk to our friendly team today and let us show you how we can work with you to manage your taxes, improve your cash flow or help set up your job keeper applications. What ever your accounting requirement, give us a call.

04.01.2022 Only 12 days left to claim the government stimulus package for your business. If you are one of the 40% who have not applied. Talk to us today.