Written by Whitney, 23 May 2017
If you’re using accounting & invoicing software like Debitoor to manage the incoming and outgoing cash flow for your business as well as to stay on top of your invoices, you might reach a point when you’d like to backup your data on your own hard drive, or perhaps download it to share with your accountant.
In Debitoor, sticking with our belief that accounting and invoicing can and should be simple and straightforward, we’ve kept this in mind across all aspects of the software, including the process for exporting your data.
... continue reading: Accounting: how to export your data correctly
Written by Whitney, 19 May 2017
The development team here at Debitoor is just a little bit proud of the latest feature to be released: the ‘Payments’ tab has experienced a complete overhaul and while it still holds the same spot in your tabs, you’ll notice it sports a new icon and the title ‘Banking’.
The payment import function and tab is an important part of the Debitoor software - allowing users to easily upload a bank statement with a list of payments to be matched to invoices, expenses and other income. By automating that process, we aim to save you time and hassle.
... continue reading: New does mean better: 'Payments' is now 'Banking'
Written by Whitney, 18 May 2017
When you’re out and about, whether meeting a customer or consultant, or even picking something up for the office, it can be difficult to remember to register each expense, whether it’s a business lunch or a new toner for your printer. Basically, let’s face it, sometimes life gets in the way of staying on top of accounting.
Luckily, there’s an app for that. Debitoor’s latest iOS app now allows you to record expenses while on the go. It’s fast and easy - avoid losing those receipts by simply snapping a picture with your phone and saving it to your account. That’s it!
... continue reading: Record expenses from your iPhone
Written by Whitney, 17 May 2017
Discounts are a common and useful way to attract new business, reward repeat business and loyal customer, as well as promote certain products or services for your business. In fact, we’ve written a blog post just about how discounts can work for you: ‘Offer a discount and get paid faster'.
While sometimes the discount you offer is on a bulk order, or if an invoice only involves one type of service or goods, then it’s convenient to be able to apply an overall discount in your invoice template.
There also might be occasions when you only want to apply your discount to one out of many different products covered on an invoice. Maybe you only have one type of product that is on special offer for the summer season, or you are trying to move stock on something in particular.
In that case, you would need to apply a line discount - meaning, of course, that it applied only to that particular line.
... continue reading: Now available: line discounts
Written by Whitney, 15 May 2017
Even entrepreneurs that aren’t particularly tech-savvy are turning to invoicing software. Why? Because it’s quick, simple and helps you get paid faster. All while staying on top of your business accounts.
But before making the choice from all the invoice software options available out there, you should take a couple of things into consideration in order to ensure that you select the best software for your company.
Choosing a software shouldn't be based on the flip of a coin or roll of the dice. There are six elements in particular that every good invoicing & accounting software should offer in order to meet the needs of a growing business:
... continue reading: 6 invoice software essentials
Written by Whitney, 12 May 2017
We all know about it. It can be the bane of small businesses - should you register? What will it mean for your business? How will it impact your income and expenses? And perhaps most crucially: will it mean more forms to submit when it comes time to file your tax return?
We’re talking, of course, about VAT. The decision of whether to register for VAT depends primarily on your annual turnover. If it falls above the current threshold, you no longer have a choice. Below, and it’s completely up to you.
There are a few arguments for and against voluntarily registering for VAT if your turnover is in fact below the threshold. So it’s important to do the necessary research and make the decision based on your business and what works best for you.
... continue reading: Accounting: how to create a vat report
Written by Whitney, 8 May 2017
What are the main things that are necessary to include on an invoice in order to be sure that it meets all the legal requirements?
In this blogpost, we take a look at three of the elements essential for each and every invoice you raise, all three crucial for creating a valid legal invoice, meaning that it will be recognised by HMRC, but also recognised by your customers as needing to be paid.
(You can, of course, skip this blogpost if you’re already a Debitoor user, as our invoice templates are updated constantly according to local requirements and regulations, ensuring that every invoice you complete is a legal document).
... continue reading: 3 invoice template essentials
Written by Whitney, 5 May 2017
Create a new invoice in no time flat with express invoice. As entrepreneurs, we know how valuable your time is - you’re constantly pulled from one task to the next, often this means you try to save time when you can. And when it comes to invoicing & accounting, you can.
In this article, we’ll show you just how fast you can raise an invoice. Maybe the title gave it away: in as little as a minute.
... continue reading: Express invoice: write an invoice in 1 minute
Written by Whitney, 3 May 2017
If you’ve ever wondered whether you can include your products or services with differing VAT rates, all on the same invoice without undue confusion or complex calculations, the simple answer is: yes, you can.
This might seem like a trivial detail. But different VAT rates for different items in the same invoice can cause a bit of a headache for those whose businesses deal in these types of products or services.
But there is a solution.
... continue reading: Invoice template with multiple VAT rates
Written by Whitney, 1 May 2017
Are you a freelancer who needs to create an invoice to send your customer? No worries. With invoicing software for freelancers, you’re covered.
... continue reading: Invoicing software for freelancers