Accept ACH payments by setting up a business account, choosing a secure processor, obtaining client authorization, and sending clear invoices efficiently.
Stop ACH payments by quickly identifying payment details, contacting your bank, confirming the stop, notifying recipients, and documenting every step effectively.
Automate accounts receivable by using software to send invoices, track payments, send reminders, and reconcile accounts for faster, error-free cash flow.
To calculate accounts receivable turnover, divide net credit sales by average receivables to track how quickly customers pay and improve cash flow.
To calculate bad debt expense with accounts receivable, review AR balances, analyze payment history, estimate uncollectible invoices, and record them in your system.
To calculate cash collections from accounts receivable, add beginning AR to credit sales and subtract ending AR. Track this to improve cash flow.
To calculate days in accounts receivable, divide AR by net credit sales and multiply by days. Track AR days to spot delays and improve cash flow.
To calculate gross accounts receivable, total all outstanding invoices before allowances, track unpaid balances, and monitor cash flow for effective collections.
Calculate net accounts receivable by subtracting allowances for doubtful accounts from total AR to see the actual expected cash inflow for accurate financials.
To find average accounts receivable, add the beginning and ending balances and divide by two to measure cash flow efficiency and customer payment trends.
Forecast accounts receivable by analyzing payment history, calculating DSO, and using aging reports to predict cash inflows and improve cash flow planning.
Improve accounts receivable by streamlining invoicing, automating reminders, and setting clear terms to boost cash flow, reduce delays, and get paid faster.
Reconcile accounts receivable by matching invoices with payments, spotting discrepancies, and ensuring accurate, up-to-date financial records.
Record accounts receivable by issuing invoices, tracking payments, applying adjustments, and reconciling regularly to maintain accurate financial records.
To write off accounts receivable, review overdue invoices, exhaust collection efforts, and record bad debts to maintain accurate books and cash flow forecasts.
Collect past due invoices by sending reminders, setting deadlines, adding late fees, and escalating firmly yet professionally to secure payment.
Fill out an invoice by adding business and client info, unique numbers, dates, itemized services, taxes, payment terms, and clear instructions for timely payment.
Get same-day settlement for invoices by using payment platforms with instant transfers, linking your bank, and sending digital invoices for faster cash flow.
Keep track of invoices by numbering consistently, storing records in one system, and reviewing regularly to ensure payments stay organized and on time.
Number invoices by using a consistent format, sequential, year-based, client or project codes, maintain order, document skips, and track recurring payments.
Organize invoices with consistent numbering, digital storage, and status tracking to simplify records, prevent errors, and keep cash flow on track.
Prevent invoice fraud by verifying vendors, using secure software, implementing multi-step approvals, monitoring accounts, and training employees effectively.
Reduce manual invoice processing by digitizing invoices, standardizing formats, automating data entry, sending, tracking, and payment reminders for efficiency.
Send invoices effectively by preparing complete details, choosing the right delivery method, attaching PDFs, crafting a professional message, and tracking payments.
Send invoices through email by creating a clear PDF, writing a professional subject line, summarizing details in the body, and attaching the file securely.
Take legal action for unpaid invoices by reviewing contracts, sending formal demand letters, documenting communications, and filing claims to recover funds.
Word a follow-up invoice email clearly and politely by referencing the invoice, stating the amount due, providing payment instructions, and offering assistance.
Write an invoice by listing your business and client info, invoice number, dates, itemized services, totals, taxes, and clear payment terms.
Write an invoice email by using a clear subject, polite greeting, invoice details, itemized services, payment instructions, PDF attachment, and follow-up.
To apply a credit memo to an invoice in QuickBooks Online, create the memo, use Receive Payment to apply it, update balances, and optionally sync via DepositFix.
To cancel an invoice in QuickBooks, void it to $0, keep records, update A/R, notify clients, and sync changes automatically with DepositFix integration.
To change invoice format in QuickBooks, edit layout, add logo, customize fields, enable payments, and streamline with DepositFix QuickBooks integration.
To change an invoice template in QuickBooks, go to Custom Form Styles (QBO) or Templates (Desktop), select a template, adjust layout, colors, fonts, and save.
To delete an invoice in QuickBooks, open the invoice, select More, Delete or Void, unlink payments if needed, and confirm your records stay accurate.
To edit an invoice template in QuickBooks, open Custom Form Styles or Templates, adjust layout, colors, fields, logos, and sync changes with DepositFix.
Contractors can accept credit card payments via DepositFix, send invoices, get paid faster, and pass processing fees to clients.
Invoice as a contractor by including your info, client details, invoice number, dates, itemized services, taxes, payment terms, and clear instructions.
Invoice as an independent contractor by creating clear, professional invoices, offering credit card and ACH payments, tracking payments, and using DepositFix.
Discover the hidden automation potential in your payment, billing and invoicing workflows. Talk to our experts for a free assessment!
