Cash flow made easy

Managing Cash Out

Smart bills makes keeping track of outgoing cash incredibly simple. Your bills and supplier invoices are saved securely in your accounts, so you don’t have to worry about shifting through piles of outstanding bills and missing payments. This makes working with your accountant a whole lot more efficient. It also reduces the amount of paper filing and helps you meet your document retention requirements.

Handy tips to manage outgoing cash

  • Pay your bills when they are due, not earlier
  • If you're tight on cash, discuss your situation with suppliers upfront
  • Sell your outdated inventory
  • Be aware of strict supplier payment terms that might put a strain on your cash reserves
  • Weigh the benefits of buying something for cash, leasing it or getting a loan

Improve your cash flow with MYOB