Latest Keep News

Running a small business means juggling multiple responsibilities, and managing vendor payments efficiently stands as a crucial task for maintaining smooth cash flow and healthy supplier relationships. FreshBooks, a popular cloud-based accounting software, offers a straightforward yet powerful solution for managing and paying your vendors. This comprehensive guide explores everything you need to know about vendor management in FreshBooks, from creating profiles to processing payments and implementing best practices.

Getting paid quickly is crucial for business success, and FreshBooks makes this possible with its seamless online payment ecosystem. Modern businesses need efficient payment solutions, and FreshBooks delivers by helping you receive money twice as fast. This comprehensive guide walks you through everything you need to know about paying online with FreshBooks, from step-by-step instructions to managing transactions effectively.

Paying yourself as a business owner can seem complicated at first—but with the right approach and tools like FreshBooks, the process becomes straightforward and even empowering. This comprehensive guide will walk you through everything you need to know about paying yourself using FreshBooks, from understanding your business structure to implementing a sustainable payment strategy.

‍Managing your vendor invoices is an essential part of keeping your business finances in order. FreshBooks offers an easy-to-use platform not only for invoicing your clients but also for recording and paying your vendor invoices.

In any business, timely payments keep the cash flow healthy and maintain trust between you and your clients. However, there are occasions when a payment on an invoice is declined. Understanding why this happens and how to address it in FreshBooks is essential for keeping your billing processes smooth.

Working with independent contractors, freelancers, and self-employed professionals can significantly boost your small business growth. Paying these contractors efficiently while staying compliant with tax regulations remains crucial for maintaining productive business relationships. FreshBooks offers a comprehensive solution that simplifies contractor payments through its cloud-based accounting software, making the entire process seamless and organized.

An invoice payment represents the settlement of a balance (either partial or complete) that you owe for goods or services received from a vendor. When vendors send invoices, your business must review the document, verify all details, and process the payment accordingly.

Managing your vendors and paying your bills can seem like a daunting task, especially when you have to keep track of multiple expenses, due dates, and payment methods. Fortunately, FreshBooks offers a simple, streamlined way to manage and pay your accounts payables.

Migrating accounting data between platforms might seem overwhelming at first glance. Yet, moving your financial information from FreshBooks to Wave can become a straightforward process with proper planning and execution. This comprehensive guide walks you through every aspect of transitioning between these two popular accounting solutions, ensuring you maintain data integrity while setting up your new system for success.

Tracking billable hours stands as one of the most crucial aspects of running a service-based business. FreshBooks offers intuitive time tracking features that allow you to easily record and review time entries, then mark them as billed once they've been invoiced. This comprehensive guide walks you through the importance of marking your time as billed, when to do it, and provides a detailed step-by-step process for managing this essential task within FreshBooks.

Running your own business requires meticulous record-keeping, especially when it comes to personal withdrawals. FreshBooks offers a straightforward approach to marking owner's draws—money you take from your business for personal use—rather than paying yourself a fixed salary. This comprehensive guide explores what an owner's draw is, why proper tracking matters, and provides detailed instructions for managing these transactions in FreshBooks.

Managing time entries accurately forms the backbone of efficient business operations. FreshBooks offers a user-friendly platform where marking hours as billed (or unbilled) takes just a few clicks. This comprehensive guide walks you through the entire process of updating billing statuses, explains when you might need this feature, and provides valuable tips to streamline your workflow.