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E L E C T R I C A L CO N N E C T I O N

A U T UMN 2 0 17

TIPS

W

hen your average work day

consists of driving from job

to job in a van or ute, keeping

track of a bunch of paper receipts

and invoices can be a real pain in

the proverbial. Many tradies are now

turning to the growing number of digital

options that allow users to log and

access this information with a mobile

phone.

These services usually store

information in the cloud so it can be

accessed from multiple devices. They

typically charge a monthly subscription

fee and have different rates for varying

levels of functionality.

“I recently spoke to an electrician

who said that previously, when a client

asked him to do an additional task,

he would have to go home, write up a

new invoice, email it to the client and

then wait to get paid. This was taking

him a significant amount of time but

with our online mobile app he was able

to create and send an invoice on the

spot while he was still with the client.

There are huge benefits in both time

and money in being able to digitise that

paperwork. It also enables you to serve

your customers more quickly which

is great for them as well,” says Intuit

Quickbooks vice president and country

manager Nicolette Maury.

Traditionally, management of

receipts involves a shoebox full

of paper that is carried into an

accountant’s office at the end of the

financial year before getting handed

over. The accountant then works

through it and lets you know how you

did in the last 12 months.

“The alternative with an online

solution is that users can throw away

that shoebox of receipts and store their

receipts on their mobile phone. This

way their accountant is kept up to date

in real time with how their business is

going and it allows the accountant to be

much more proactive in giving business

advice and helping them with their on-

going day-to-day business management

as opposed to looking backwards and

saying ‘hey here’s what you should have

done differently in the last 12 months’.

It creates a much more collaborative

and value-adding relationship with the

accountant as well.”

Mobile accounting apps can also

prove useful if you are struggling with

designing your own invoice either

through a computer or on paper.

Most apps have fairly straightforward

processes for setting up customised

invoices, allowing you to add your

company logo, choose the colour

scheme and adjust the layout.

“One guy I spoke to last week said, ‘I

have an invoice book and I tear a page

out of it and I write down the parts I’ll

need and the time required and I hand

it to them on the spot. Compare this

method to the electrician I mentioned

who can create an invoice on his phone

with his logo and his payment details

on it. He’s able to email that straight

away and is able to create a quote first

and have the customer sign that quote

on the spot on the ipad or on the phone.

This creates a much more professional

look for that small business and it

enhances the relationship with their

customer because they are able to

send the invoice straight away, the

customer’s not waiting to receive the

invoice and it enables the tradie to get

paid faster as well.”

Nicolette also stresses is the

importance of having a good

relationship with an accountant.

Enabling your accountant to see the

same data as you real time, creates a

stronger relationship and makes the

business more effective, more in control

for tax time and feeling more confident

that they’re on the right track.

Intuit

www.intuit.com.au

PASSING ON PAPER

More and more small

businesses are doing away

with traditional paperwork in

favour of digital accounting

software that allows users

to quote, invoice, and accept

payments from clients from a

mobile device.