New Year’s resolutions for freelancer accounting

 In General

Starting a new year is a great time to consolidate all that you’ve learned and plan how to solve any inefficiencies for the year ahead. For freelancers, after a winter break and with tax returns on the horizon, this is especially important. So, what resolutions can freelancers make to help them flourish in 2016?

Simplify your financial landscape

Until the advent of advanced accountancy software, chasing up invoices and manual cash-flow monitoring were inescapable realities. Make one of your resolutions to synchronise your business with Xero’s advanced online accounting software: now you can schedule invoices to be dispatched automatically, enable clients to pay online and log payments against your overall cash flow with no manual input.

Plan in advance for key financial deadlines

One of the most important resolutions is to prepare in advance for your financial obligations, such as submitting your tax return. With Xero, your accountant can access all of your financial information in real-time. This enables them to work with you on tax returns and other financial documentation, giving you peace of mind well in advance of submission deadlines.

Take time to ensure professional development

Now that you’ve freed yourself up from hours of spreadsheet surfing, you can re-invest this time in your own professional development. Make resolutions to get out of the home office: attend conferences or courses and make sure you’re at the cutting edge of your sector. Alternatively, continue with your technological integration and build yourself a social media or content marketing profile that sets you ahead as an industry thought-leader.

If you’re looking for more expert accountancy advice to ensure that you start 2016 off right, why not get in touch with our friendly team today?

Recent Posts
New accountant for ChristmasFinance Bill 2016