best practice

Are you observing Cash Management Best Practices?

How do your cash management processes stack up against best practices? This topic came to prominence in 2020 and the most resilient companies will continue these best practices as "business as usual". For ideas and examples of making the most of your cash resources, read on. 

cash flow

Paying Income Tax to Tax Traders vs the IRD

Since its inception, we have worked with Tax Traders to ensure that our clients achieve better outcomes than just paying tax to the IRD directly. Now that Tax Traders have no minimum use limits, we would like to highlight this to all Alliotts clients.

cash flow

Xero add-ons for your business

As well as bringing up your profit margins, add-ons also help save you time and streamline your cash flow. Work with us to empower your business with the technology to automate mind-numbing admin tasks, and focus on what you do best. So what add-ons should be on your hit list? 

budget

Managing cash flow Pt 1

Anyone running a business knows the story: one day, there is a pile of cash in the bank, then it appears to disappear overnight. Here are some tips to help you manage your cash flow if you ever find yourself in this situation.

balance

Work-life balance losing out, as small businesses spend their evenings chasing invoices

More than a third of businesses are concerned about cash flow. One in three small/medium business (SME) owners spend their evenings doing business administration and nearly 30 per cent of SME owners want to spend less time at work, according to Xero.

cash flow

Xero introduces Apple Pay

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: center; font: 14.0px Helvetica; color: #666666; -webkit-text-stroke: #666666} span.s1 {font-kerning: none} This week Xero released their latest integration with Apple, the ability to pay Xero invoices with Apple Pay. Mobile payments are the way of the future. It’s predicted that by the end of this year, mobile payment transactions in the US will grow 210%.

cash flow

Risk management - debtors

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Arial; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} Debtors are a major risk for small and medium enterprises. If your business is lagging behind in terms of late payments, read what you can do to lessen debtor days outstanding and collect the cash that your business needs.

cash flow

Free up cash by reducing receivables

At Alliotts, we can help you understand the impact of your cash flow of either offering credit terms or reducing your days in receivables. It could be significant and it’s different for every business. If you’re interested in finding out what it looks like for your business, then read on.  

debtors

Keeping track of receivables in XERO

Debtors? Receivables? They all create extra work for a business. However, once you’ve added an invoice to XERO it is easy to keep track of who you need to pay, who needs to pay you and when. Alliotts' new receptionist and admin guru, Yani, runs you through how straightforward the process is.

debtors

Prompt your late payers WITHOUT the click of a button

Do you dread that day of the week? Going through which clients haven’t paid, sending each and every one an overdue notice. The good news is that Xero can automatically email reminders to your customers without you having to lift a finger.