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Cash - its the drug of the nation - then pay me....

by Colin McNally in Articles

Its been a strange time, I was off for a few days and decided to use just a couple of hours to get into persepective a few things that were annoying me. One of those was money I was owed and why the bank balance wasnt as high as I expected.

Easy.. I have xero and I ran a couple of reports and there we have it, a cash flow sttaement showed me the issue and the debtor ledger showed me the cause. Now we are pretty good in debt management, however with some larger companies we canlet it go that little bit as we know it can take time to get through their systems.

However two weeks later the plan was implemented and cash flow is improving... so it goes to show that investing in some decent software and using it can help the company. 

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