9 Things Every Owner Needs To Know About Accounts Receivable  - Small Business Invoicing Tips
Channel: Sabrina's Organizing & Admin Services
Date: 2023-05-03

Are you a small business owner feeling overwhelmed by managing accounts receivable? Are you struggling to keep up with customer payments? If so, this video is for you! Learn the nine essential things every business owner needs to know about accounts receivable to give you peace of mind and keep your books in order. 

1. Late payment charges are OK to add to past-due invoices.

2. Schedule time once a week to invoice your clients.

3. Use an app to track your time, making invoicing a lot easier.

4. Establish a Terms policy.

5. Create a policy of when you will follow up on unpaid bills.

6. Be consistent with following up.

7. Have a place for your unpaid invoices and a place for your paid invoices.

8. Change your mindset about doing your Accounts Receivable.

9. Know when you need help getting your money.

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