Deal with the law
Many tradies find it difficult and time-consuming when coping with regulations, such as payrolls or taxes and so on. In this case, a good accountant would tell them they were. The accountant can help his clients choose a suitable job management software and/or an online accounting software that is safer than a spreadsheet to keep data. At Black Arrow, we always help our clients find the best solutions for their businesses. We love to see our clients thrive!
Scope the job right
Tradies often undercharge for jobs. A big dollars attached job may seem to be profitable, however, it often turns out to be break-even or even costs money. Tradies can turn to the help of professionals who can use their experience and online accounting software like Xero or job-costing apps (Tradify or WorkflowMax) in order to know exact money are making. This help tradies pick winners out of various options right from the start instead of going into a dead end.
Get paid sooner
It’s an enormous challenge for construction and trades industry type to get paid properly. However, experts can use their effective tools to assist their clients. Tools, such as Xero, provide users with the ability to send all their invoices by just a kick of a button and to know at any time what’s due, what’s paid and what’s not. Connecting up EFTPOS or online services like Paypal or Pin Payments, users can make sure residential customers can pay on the spot. Different kinds of apps and software that are specially designed for construction also work with Xero, which help invoice and collecting payment become easier.
Chase bad debts without the effort
With the assistance of Zero, constructions and tradespeople won’t have trouble with chasing unpaid invoices or bad debt. It automatically sends late payment reminders and together with other apps and tools that fit accounting software will allow you to catch up with bad debts easily. Making sure clients pay their bills can have a huge impact on the business.
Spend less time to do the books and more time doing what you want to do
Many small trades and construction business have their accounting tasks done by just one or two people. And these people are often their wives, partners or tradesperson themselves, which often takes longer time and causes more errors.
With the help of a professional in accounting, you will get your time back to focus on your strength, your customers, or your family. What you do with the time is up to you.
We, at Black Arrow Bookkeeping, offer flexible and affordable bookkeeping packages to help businesses earn more money and save time on accounting tasks. Let us know if you have any issues with your books, we would be very happy to help.
