KIM HINKLEY

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How to create a system to manage your bills and stay on top of your GST every month

Bills. What a drag seriously or not?

Managing bills when running your own small business can take forEVER.  And when EVERYONE wants your attention

you can fall behind on your taxes.

The solution ...a simple app on your phone.  I'll take you through how they work and what they do for you.

Bye-bye prehistoric spreadsheets

Gone are the days when you need to track all your tax deductions through an Excel spreadsheet. yay!

 

Use an app to effortlessly record and categorize your tax deductions.  Apps like Xero and Receipt Bank allow you to photograph a supplier invoice or tax receipt for tax purposes.  This can then be matched to the transaction on your business bank account (this is what's known as a bank reconciliation.....yawn right?) inside your Xero accounting software.

Why use a phone app to store your tax deductions

1. It's fast.  Taking a photo of your bill is faster than typing in all the details by hand.

The app will take...

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