Need help with maximising your business deductions? There are many expenses common to most small businesses, and there are other expenses that are specific to the nature of the goods or services the business provides. Read More…
Is your business using e-invoicing? It’s a fantastic way to protect yourself and your customers from invoice scams, and it can help you get
paid faster. E-invoices replace emailed PDF invoices or links to online invoices. Instead, e-invoices are delivered securely to your clients
accounting system.
Preventing invoice fraud
Invoice scams are surprisingly common, and can be quite sophisticated. For example, with intercepted invoices everything looks exactly right, but the bank account number has been altered. When it happens to you, your client thinks they’ve paid you, but the money has actually gone to a scammer. In the event of an invoice scam, it can be very difficult to get your money back.
E-invoicing prevents these types of scams because the invoices travel directly from one accounting or payment system to another. By directly connecting suppliers with their clients, there’s no opportunity for scammers to intercept the invoices.
Start sending and receiving e-invoices
We can help you set up your accounting software to send and receive e-invoices immediately. Get in touch with your WDF Professional team member to learn how to arm yourself against invoice fraud. Phone 02 6921 5444 or email accountants@wdf.com.au
Accountant
As accountants based in Wagga Wagga, we don't just crunch numbers and put figures in boxes, we provide a carefully researched and tailored
accounting solution that suits all of our clients.
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What is Bank Reconciliation and Why You Should Automate this Process
Keeping on top of payments coming and going to your bank account can take a lot of time. Keep reading to better understand the bank reconciliation process and how software tools can alleviate this task. Read More…