InvoiceBerry Tips for for Freelancers & Small Businesses The 6 Worst Small Business Accounting Mistakes | Page 7

4. Overdue accounts
Although one of the more common and unavoidable accounting
mistakes, it is also something that you can at least lessen:
• lower the payment due date from 30 days to 14 days
• send out your invoices on time to the right place
• follow-up on late payers and don’t let them off the hook
If you follow these simple steps, you should be able to collect
payments faster and minimize your overdue accounts.