ExacT.O Bookkeeping
Throughout my career, I have gained a deep understanding of various bookkeeping systems, including QuickBooks Online (QBO) and Yardi. My professional journey has primarily revolved around the Retirement Home industry, where I have served as an Office Manager and Senior Accountant. I hold an Advanced Bookkeeper Certificate from Humber College, which has further enhanced my knowledge and skills in t
How to Improve Cash Flow by Managing Receivables & Expenses
"Want to improve cash flow? Start with your receivables and expenses!"
π Receivables Tips:
β Send invoices immediately after completing work
β Offer multiple payment options (credit, PayPal, e-transfers)
β Charge late fees to encourage timely payments
π Expense Tips:
β Cut unnecessary subscriptions
β Negotiate vendor payment terms
β Buy in bulk to save on recurring expenses
π‘ Which cash flow tip has worked best for you?
Your Profit & Loss Statement (P&L) gives you a clear picture of your businessβs financial health. Do you review your P&L regularly? If not, now is the time to start!
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Toronto, ON
M9C3G8