Debitoor blog

Get news, tips and tricks and nice-to-knows from the Debitoor universe explained in a simple way

The taxes you'll pay as a freelancer or entrepreneur

Written by Kate Kate , 6 December 2018 in Taxes

When you start a business, you take on a whole host of new responsibilities, including managing your company taxes. It's safe to say that this isn't the most exciting part of running a business, but it is important to take the time to understand the tax process.

The UK has many different taxes that could affect small businesses - some of which you’ll have definitely heard of and some that are more obscure. To make the tax process easier to understand, we explain some of the main taxes you’ll need to take into account as a freelancer or entrepreneur, and how they can be managed with invoicing software.

Debitoor invoicing and accounting software makes it easy for freelancers, entrepreneurs, and sole traders to keep on top of company taxes

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5 things to know about proforma invoices

Written by Kate Kate , 26 November 2018

A proforma invoice is a useful addition to any company’s invoicing process - unfortunately, they’re often overlooked or misunderstood, which means that many small businesses and freelancers aren’t getting the most out of their invoicing software.

To provide a bit more information about what proforma invoices are and how they can be used, here’s five things you should know about proforma invoices.

Create proforma invoices with Debitoor invoicing software in just a few clicks

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Equestrian centre? Invoicing & accounting for your business

Written by WhitneyWhitney, 26 November 2018

Running an equestrian centre involves constant care and attention. If you’re not coordinating delivery of bedding, then you’re following up with one of your customers or scheduling a new trainer.

If you run an equestrian centre, the invoicing & accounting can be easy with Debitoor

The day-to-day tasks are demanding, often physically as well as mentally, and if you’re not already a bit tired at the end of the day, you certainly will be if you have to sit down and spend hours and hours on invoicing and managing the accounting.

If you’re looking for a solution for this time-consuming process so that you can relax at the end of the day, without having to sit down and spend even more time behind a computer screen.

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Overdue invoices: still a problem for Australian businesses?

Written by Kate Kate , 23 November 2018

Outstanding bills and overdue invoices frustrate freelancers and small business owners around the world, but one country has become infamous for late invoice payments: Australia.

Fortunately, initiatives and regulations to speed up payments have led to a drastic improvement - late payments have reached a record low, and research has found that outstanding bills are now settled 11.7 days late, down from 15.3 days in 2017.

While the overall situation is improving, overdue invoices can still cause issues for small businesses and freelancers. For those of you who struggle to get paid on time, we’ve put together a few tips and tricks to help you get your money sooner.

Debitoor invoicing and accounting software makes it easy to follow up overdue invoices

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Bookkeeping and accounting: what's the difference?

Written by Kate Kate , 20 November 2018 in Accounting

When most people talk about bookkeeping and accounting, they often treat them as one and the same. While they’re closely related, there are some important differences.

Understanding what's involved in bookkeeping and accounting is particularly important for small businesses - it helps you break down which tasks can be handled within the company and which require help from a professional, plus it makes it easier to identify what you should be doing on a regular basis.

Bookkeeping and accounting with Debitoor invoicing software

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Do you need insurance as a UK small business?

Written by WhitneyWhitney, 19 November 2018

Potentially the only topic that could elicit more yawns and convenient excuses to leave the room than accounting: insurance. Somewhat infamous for aggressive marketing, yet tedious red-tape ridden claims process, insurance is not a popular topic in any situation.

And yet it’s an aspect of running a business that should be considered early on. An added obstacle is that it can be challenging to determine exactly what type(s) of insurance your business will need and also what it means for your bottom line.

Keep your business covered with the right insurance

There are some types of insurance that are required if your business meets certain criteria such as having an employee or working with vehicles. While other types of insurance are not necessarily required, they are strongly recommended by authorities.

... continue reading: Do you need insurance as a UK small business?

How to create a New Zealand tax invoice

Written by WhitneyWhitney, 16 November 2018

If you’re a freelancer or a small business owner in New Zealand, you’re likely familiar with the invoicing process. And how tedious and time-consuming it can be.

Creating, sending, and managing invoices is a crucial part of running a business but not often one that most self-employed look forward to. Yet, invoicing is directly connected to one of the main goals of having a business: getting paid.

Small business in New Zealand? Creating an invoice is easy with Debitoor invoicing software

An invoice is a required document for most sales, so understanding exactly what must be included is an important basic, as missing details can result in an invoice not being valid. From there, it’s about communication with your customer, promotion of your brand, and professionalism.

... continue reading: How to create a New Zealand tax invoice

Invoicing software for microbreweries

Written by Kate Kate , 14 November 2018 in General

Craft beer has never been so popular and, thanks to the so-called ‘craft beer revolution’, the UK has seen a huge rise in microbreweries.

Whether you’re just thinking of setting up an independent brewery or have already started selling your own beer, there’s a lot to consider when running a microbrewery - from product development and production, to bookkeeping and invoicing. Fortunately, there’s plenty of online tools and programs that can help.

Here’s how invoicing software like Debitoor can help you keep on top of your finances, and turn your passion for craft beer into a profitable business venture.

If you run a microbrewery, invoicing software like Debitoor can help send invoices, manage expenses, and stay on top of your accounting

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Invoicing in Ireland? Here's a how-to guide

Written by JackJack, 12 November 2018

If you're a small business or freelancer in Ireland, then aside from the marketing, bringing in new business, and trying to secure new clients, you might not have given too much thought to how you're going to keep track of your invoices.

You might not even have an idea of how you're going to start invoicing in the first place. Don't panic- we're here to help.

image of moss covered hills in Wicklow Ireland at autumn time

Sure, it isn't the most fun part of running your own business, but unfortunately it's one of the most important because it's how you're going to ensure you get paid on time and in full by your clients.

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Invoicing in Australia? Here’s how!

Written by Kate Kate , 9 November 2018 in General

Invoicing is one of the first things you need to master when starting a small business, becoming self-employed, or working as a freelancer. It might not be the most exciting part of running a business, but invoicing is the key to getting paid.

In this blog post, we offer some advice to Australian freelancers and small business owners who are looking to send their first invoice.

If you're a freelancer, sole trader, or small business owner, you'll need to master invoicing. Here's how you can invoice with Debitoor invoicing and accounting software

What to include in an Australian invoice?

... continue reading: Invoicing in Australia? Here’s how!