As a small business owner, I always struggled with the limited time I’ve had. While, I was writing the framework for SlickPie, one of my first goals was to ensure that the end product is super user friendly and which assists in getting the work done in a shortest possible time. Whether it’s about saving time, easy access or flexibility it brings to the work, SlickPie always endeavors to offer best from the rest.
If you haven’t tried this yet, here are 5 hidden nuggets that you need to be aware of; while using this avant-garde cloud-based accounting software that certainly has more power to radically improve the way you do business…
- Always Attach Source Documents
Storing receipts and documents in an old shoebox or a filing cabinet are a passé now. Now, you don’t need to keep the hard copy of the bill from your internet service provider anymore. Just attach the PDF copy that you received by email to the bill transaction you created and keep it in the cloud forever for easier access. Also, take a picture of the parking fee that you just paid with a credit card and save that image with the expense transaction in SlickPie. It helps you in saving time and there is no better way to go paperless and audit-proof your business in a seamless way.
2) Create Notes
You did a photography gig for a client and you had to do some additional work so, invoice amount may be more than what you guys originally agreed upon, all this can be documented for your client to see in “Notes – Visible to Customer” as well ininternal “Notes” that are visible only to you. Use this gem extensively to your advantage so that you can remind yourself even after 6 months, what happened and why invoice amount was different.
3) Proactive Monitoring to Deal with Unpaid Invoices
How many times, you have to call the client for non-payment of an invoice? Has it ever happened that the client claimed to have never received the invoice? I personally feel that such problems can create severe cash flow problems for your business. So, next time you call and they claim of never receiving the invoice, send them this screen shot that you can find under “Notes” to counter the claims they’ve made. It clearly shows when an invoice was seen and by whom.
How many times you have come across a situation when you wonder if an invoice has been sent or not? A little nugget in SlickPie, “Resend” makes it easy for you to determine it quickly. Check “Notes” to see in detail when a specific invoice was sent. You can also filter out all the invoices that have already been sent from your side.
5) Activate Online Payments
Data in SlickPie at an aggregate level shows us that invoices that had ‘Online Payments enabled’ are getting paid within 48 to 72 hours which is immensely different when compared with invoices that are being paid with checks. If you deal with loyal clients, who send you payment by check on regular basis, it may be a risk worth taking but, for most small businesses, ‘Activating Online Payments’ will help you to get money in your bank account quickly.
I hope you will find above-mentioned nuggets helpful in terms of managing your business in a best possible way. Whether you are starting your new venture or already have an established business, SlickPie offers an advanced pack of features that will certainly help in taking your business to new heights.