The InvoiceSherpa Blog

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7 Small Business Bookkeeping Tips To Save You Hours During Tax Season

Having consistent processes will help keep you from scrambling to organize everything when it’s time to submit your tax returns. Whether you’ve been in business for years or just getting your business started, keep the following tips in mind that will ensure a smooth bookkeeping system and a far less stressful tax season.

10 Most Important KPIs for Small Businesses to Know So They Can Continue Getting Better Results

Key Performance Indicators (KPIs) are an excellent way to measure the health and success of your business. They are measurable values that indicate how well you are meeting your business objectives. Did you set goals for yourself and your team? How do you know whether you hit your targets? KPIs can give you that answer.

These 12 Invoice Collection Mistakes Are Slowing Down Your Cash Flow

Invoice collection can truly make or break a business because customers making late payments slows down every part of your workflow.Smooth invoicing and payment collection allows cash flow to stay in the positive and your business to keep innovating and providing to your customers.

How to Offer Payment Plans to Your Customers

Not every business offers payment plans to their customers, but those that do end up experiencing significant benefits. Payment plans are a crucial and effective business tactic. They offer flexibility for your customers and help your business build loyalty and stronger customer relationships.

The Ultimate Guide to Reconciliation & How to Do It on Quickbooks Online

Reconciliation is an essential accounting process that ensures two different financial records are correctly matched up. This is especially important to ensure that your accounts are all in order.

What Does Estimate Mean and How is it Different From Invoices?

When it comes to the financial aspects of your business, knowing invoicing and estimation terms and understanding the differences between them is crucial to stay organized and on top of things.