Friday Finance Fact: Late Invoices Cost You
Did you know businesses lose 5% of revenue annually to late invoices? Automate reminders with QuickBooks! Late invoices don’t just delay cash flow—they cost you real money. Studies show businesses lose an average of 5% of their revenue to unpaid or late invoices. QuickBooks can help you avoid this with automated invoice reminders, making sure your clients never forget to pay on time.
How to Automate Invoice Reminders in QuickBooks:
- Go to Sales > Invoices and select the invoice you want to set reminders for.
- Click Send Reminder and customize the email template.
- Set the frequency for automatic follow-ups.
- QuickBooks will send reminders until the invoice is paid.
Keep your cash flow steady and reduce losses from late payments. A Chandler CPA, like AZ Easy CPA, can help you streamline this process for better financial results.
Need help with your business finances? Contact Us! We offer monthly accounting and bookkeeping services, clean-up projects for past years, QuickBooks training, and phone consultations to help you stay on track.
