The highly regarded corporate current account Countingup was created for sole proprietors and small limited corporations. The innovative two-in-one app streamlines taxation and accountancy, saving effort and cost for firm owners throughout the UK.
The app provides its products to auditors and businesses. Learn how to utilize the app, create a corporate account, and create invoices using the app in this tutorial.
Features and benefits of adding up corporate accounts
- Constantly and instantly check your funds and activities;
- Manage your money and keep track of all of your transactions in one location;
- Make cash flow accounting available in real-time;
- Get balance details and real-time tax calculations all year round;
- Compare bills and receipts to transactions;
- Attach invoices to payments;
- Make invoices that appear sophisticated, then email them to your customers;
- Add recipients, then send money;
- Get Mastercard debit to contactless right away.
Enjoy innovative accounting tools
When you pay or collect money, Countingup’s clever bookkeeping capabilities dynamically categorize all of your input and output funds. Additionally, the statistics are immediately refreshed in real time anytime you make a trade or a transaction. By streamlining accounting tasks, the smart financial capabilities enable you to check your company’s fiscal status whenever you need to, saving you thousands of hours and dollars.
How can I set up a corporate profile with Countingup?
On your mobile, a corporate profile with Countingup may be created in under five min. To get the code and install the program from Countingup, all you require is a working UK mobile number. You will get the bank details, password, and digital bank card Card as soon as your profile is set established. You will receive your real debit card within 3 to 5 business days.
Your Countingup corporate profile can be opened by you or by the app itself on your behalf. Keep in mind to choose “Countingup business account” in the finance tab when creating your firm. Your proposal will be forwarded to the Countingup staff. You will get a message from the software with a hyperlink to create your corporation’s current wallet as soon as your firm is formed.
How to generate an invoice?
You must send receipts to your consumers after starting your firm and selling goods or services. But how do you create a bill?
Although if you’ve been in the trade for some time, it might be challenging to determine what details to put in your invoicing. Following are the steps for generating the invoice:
- First, ensure that your invoice presents your business details accurately and has a professional appearance.
- Make sure to avoid duplicating anything and add a special identification number.
- Add the personal details of the customer, the title of the company, addresses, mobile numbers, and email accounts.
- Make sure it expressly states when and how payment is expected.
- Give your customers enough information about the products or services you offered so they will understand what they are paying for.
How to send an invoice?
The fastest and simplest way to deliver bills is by email with an attached, non-editable PDF of the receipt (to deter forgery). In the email’s subject field and body, clearly describe your company and bill.
Remember that various customers may have various methods for handling bills. As a result, it’s a nice notion to consult with them before choosing a strategy.
You might call your client after sending an invoice to check on the receipt and to remind them to make the payment if necessary. To ensure that you never forget to make a payment, Countingup features an integrated feature that alerts you to overdue invoices.
