10/04/2026
As we get into April 2026 (already 🫣), it's a good time to review your receivables and payables.
Understanding what money is coming in what is going out helps you stay in control of your cash flow and plan ahead with confidence.
Start by reviewing your accounts receivable.
Outstanding invoices can slow business growth, so follow up on overdue payments, set clear payment expectations with clients, and consider automating reminders where possible. Cash in the bank gives your business flexibility.
Next, take a look at your accounts payable.
Review upcoming supplier bills, subscriptions, loan repayments, and superannuation obligations so you know what expenses are approaching and can plan accordingly.
It's also worth reviewing any payment plans or finance arrangements you may have in place, including ATO payment plans or supplier terms. Small adjustments can sometimes make a big difference to your cash flow 💸
Strong businesses regularly review their numbers. If your cash flow feels tight or unclear, the team at Encompass Bookkeeping is here to help.