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Let’s make a choice not to give up on our bookkeeping this year. This is such an important practice that cannot be neglected. Starting a few simple habits now will keep your books strong, accurate, and constantly updated. Remember to remain consistent with all of these, and contact Skynar Bookkeeping for any questions regarding setting up, cleaning up, or keeping up with your bookkeeping. 

An unfortunate truth in business is sometimes people don’t pay on time. What steps can you take to avoid this? Be consistent and timely with sending your invoices, and establish payment terms prior to doing work together to make sure everyone is on the same page. However, if a client fails to pay an invoice on time, there are certain steps you should take to act on this. 

The first step when dealing when a client who won’t pay is to simply send a polite remindervia email, attaching the invoice again. This is usually enough for them to remember to pay you - life gets crazy and sometimes we forget things, it happens. 

Part of running a small business is making, sending, and receiving invoices. It’s like a paper trail of exchanged goods and/or services during a set period of time, almost like a receipt. The invoice lists the services completed or goods sold (or in the works), and how much is owed by the person who purchased from you, a.k.a. the buyer.

Your invoice should contain some basic components like the word INVOICE at the top; personal information,including your name/company name, address, email address, and phone number so the buyer can reach you; an invoice number to keep accurate records of invoices and when goods or services were exchanged; the date of the sold good or service; a description of the good(s) or service(s); andother helpful informationlike quantity ordered and the grand total of their order (including any taxes or discounts specified). 

Intuit has released information about the new features coming with QuickBooks 2018. The scheduled release date is September 26. Although we’re excited for all updates coming in the latest version, here are the top five we are most anxious for:

1. Multi-Monitor Capability

The 2018 version now offers support for up to three monitors. This will allow you to move a task/report/register from your one monitor to another monitor. For example, you can have two reports open at once - one on each monitor. Or you might have an invoice on one monitor while you have a bill open on another monitor. This will be a definite enhancement to your productivity.