Education centre simply means any centre that deals with educating people. This includes tuition centre, schools and kindergarten.
Running an education centre is no easy job. You have to make sure children under your responsibility are well educated and your customers (the parents) are satisfied with your services. To do so, you have to make sure all your materials are well prepared and your staff are well trained. At the same time, you have to take care of your business finances to make sure your finance are well managed.
Although running an education centre can be hectic and tiring, but you can have an easy life by subscribing to an accounting software. This will absolutely help reduce your stress in running your business. Here are some tips to help reduce your stress.
Tips for getting paid
In most education centre, you will get paid monthly. When a customer sign up for your services, they normally will stay put for months and years. This is because the effect of education requires time and effort since your customers will be making payment monthly.
Payment reminder
To increase your chance of getting paid on time, you can send monthly payment reminders to your customers. Some accounting software like TreezSoft provides features called “recurring invoice” that allows automatic generation of the same invoices over a period of time.
With TreezSoft, you can set the time for the recurring invoices to be generated. It can be monthly, quarterly, yearly or anytime you want. Our system will automatically generate draft invoices for each customers according to the time set. You can even edit them before confirming the invoices. In such, you don’t have to manually keep track on when to remind your customers monthly, let the system do it for you.
Getting paid on time
Besides reminding your client monthly. You will need to constantly keep track of their payment. With the help of an accounting software, you will be able to easily keep track on your customer’s due, overdue and paid invoices with just a few taps or clicks.
TreezSoft uses series of automation and integration processes to help enhance your accounting experience with us. With these processes, you can be sure that your accounts are up-to-date and accurate at any point of time. Therefore, you can easily obtain updated information about your customer’s payment.
Using the recurring invoices feature mentioned previously, you can conveniently issue invoices to your customers. As the system will automatically create the same invoice every set period of time, you can literally issue an invoice in just a few seconds.
Be clear and professional
Besides getting paid, you also want to make sure your interaction with your customers remain professional as this will enhance their positive impression on your centre.
By using an accounting software, you can make sure your invoices are consistent, clear and obtain enough information. This will help enhance your professional outlook. Your invoices needs to have the following information:
Your company details (e.g. name, address, business registration number)
- Invoice title
- Invoice number
- Invoice date
- Payment terms (e.g. due dates)
- Description of services (e.g. name, description, unit price, quantity, total amount, taxable amount – if applicable)
- Total amount for that invoice
Using an accounting software like TreezSoft will help make sure all these information are automatically included. You can even customize your invoice templates according to your preferences. You can even go paperless with TreezSoft by emailing your invoices to clients instead of printing them out.
Enhance your business using a cloud-based accounting software
People are changing to cloud-based accounting software nowadays. As life is about being convenient, you can conveniently mange your account anytime, anywhere with a cloud-based accounting software.
TreezSoft is a cloud-based accounting software that have various add-on features that fits different business model. You can benefit greatly from our recurring invoice features to enhance and smoothen your daily business processes. You can focus more on educating the children well or even to expand your business and leave the meticulous accounting back-end job to the system. You can even travel without worries of not able to keep track of your business finances.
You can read more on related articles on how TreezSoft can help enhance your business:
TreezSoft is a cloud accounting software for Small and Medium-sized Enterprises (SMEs). It allows you to access your financial information anytime, anywhere. It also allows you to have unlimited users for FREE for your account in TreezSoft. Our aim is to help reduce our clients' time spent on accounting mainly by using our automated processes and integration to help increase their company effeciency at a minimum costs. SMEs can use TreezSoft to keep track their expenses, accounts, daily operation e.g. Point of Sales (namely QPOS) system and etc.
Visit TreezSoft at http://www.treezsoft.com/ to sign up for a 30 days trial account with us!
You can also email us at [email protected] for more enquiries.