Entries by Rory Finegan

Effective credit control in business

Commonly, when a business gives credit, they allow 30 days for payment. This means your client has 30 days from the time you issue your invoice to pay you. Some bigger clients might require a longer period, and 60 days isn’t unheard of…

Some handy keyboard shortcuts for Xero

If you complete a field and it’s one of multiple items checked, moving away from that field will populate the other rows selected with the same information. Use these navigation tips and shortcut keys to make cash coding even faster…

Leasing and invoice financing in Ireland

Cash flow management is one of the biggest challenges for any SME. Business is strong, but you are waiting on payment from your customers. Or you need some equipment that will improve business, and ultimately your cash flow, but you just don’t have that cash right now to invest…

How to convert to Xero accounting software

When converting to Xero, the process itself doesn’t take very long at all. Most users can be converted over to Xero in just a day. And though you may think that it has to be done at the start of the financial year, this is actually not the case…

When to incorporate your business

A lot of people start off in business as a sole trader and that’s something of a common practice. It’s relatively easy to set up as a sole trader due to there being few regulations, little cost and I recommend it as a structure in starting your business.