Page 9 - CBS Client Handbook

special tools available to help you manage your books. However, even if small business accounting isn’t
your first love, that doesn’t mean you should ignore it entirely.

It’s important to know at least a few basic financial terms so that you have a grasp on how your company
is faring financially. Additionally, being at least a bit financially savvy is always helpful when discussing
your company’s past and future growth with colleagues, potential clients, and investors.

By maintaining some oversight of your company’s operations through financial reports and budget
maintenance, you can increase its chances of success — and continue doing what you set out to do in the
first place: grow your business.

Why we use Receipt Bank in your business workflow

Receipt Bank is a brilliant time-saving and cost-cutting add-on to QBO, here are 7 reasons why you should
use Receipt Bank in your business:

1. Save time​ – it’s the fastest way to get your receipts and invoices to your Cloud Bookkeeping

Services support team.
2. Reduce bookkeeping costs​ – Following the best practices as outlined on the following pages,

will keep your flow running smoothly, and allow your Cloud Bookkeeping Services support team to

work more efficiently to process your receipts accurately and quickly. Failure to follow these best

practices could lead to delays with processing your receipts, and increased costs for manual

processing.

9