Going green can put cash back on the balance sheet. Not only is it good for the environment, but going green saves time and money. From business receipts to online banking and online accounting software such as QuickBooks, going green has its benefits. Many software programs allow for online purchases directly from your computer versus going to the store to purchase the software. Imagine the time and gas you’ll save when you can purchase and upload right from your computer.
With the proper login and password information, online electronic banking is accessible from any computer. When paying bills, group them according to due date and schedule time on your calendar to make these payments. By grouping bills together and paying a lump sum at one time, you save staff time needed to prepare checks and money on stamps and checks.
Likewise, with credit card statements, if there’s a questionable charge or a dispute, the ability to access charges online 24/7 will allow for quick action and resolution.
Invoicing sent via email versus snail mail not only saves on postage and office supplies such as stationary and envelopes, but allows for quicker paymentthan waiting for an invoice to arrive via snail mail.
When purchasing a product or service or spending money on your business, ask for an emailed receipt rather than a paper one if you have an option. Electronic receipts are easily forwardedto your bookkeeper and/or uploaded into your accounting system. No electronic receipt: take a picture of the receipt with your cell phone and share via an upload, or email.
Paxton Bookkeeping and Tax Services offer clients an opportunity to go greenwith virtual accounting software, opportunities to upload receipts and invoicing into a dropbox and reconcile credit card and banking statements online. These practices save a business owner time and allow for quicker turnaround of up-to-date financial statements and reporting.
By following the simple tips above you can put monies back on your bottom line and make yourself more attractive to Eco-conscious consumers. No matter which of these steps you have taken, make sure to tell clients about what you are doing by creating an environmental mission statement or green practices section of your website, and by including any badges or certificates you earn on your site as well. Going green….good for your business and the environment!