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Organizing your bills is very important to avoid late payments and ending up paying interest.
In the rush of everyday life, with so many responsibilities, occupations and distractions, we end up getting confused and forgetting to pay a bill.
Amidst so many expenses: water, electricity, gas, internet, children's school, credit card bill, telephone, health insurance, etc., it is normal for something to go unnoticed.
However, this may result in some losses, for example, interest for late payment and cancellation of some services.
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To have control of the situation and not let any bills be late, it is essential organize the accounts payable, those financial obligations of yours that are still due, you know?
In this text you will find some tips that will help you in this process. Be sure to check it out!
See the preview of this text below: How to organize accounts payable?
- 1. Set up direct debit for your bills;
- 2. Make a payment list;
- 3. Use DDA;
- 4. Organize the bills;
- 5. Have a family budget;
- Conclusion.
1. Set up automatic debit for bills to be paid
One of the most efficient ways to organize accounts payable and not to delay any payments is to put them on automatic debit.
In addition to having your bills paid on time and not having to worry about dates, some digital accounts They still offer many benefits for those who set up direct debit for their expenses.
Among them, we can highlight, for example:
- Payment discounts;
- Credits to use in the account application;
- Cashback on invoice;
- Easy installment payment;
- Ease of obtaining credit.
This service can be activated or canceled whenever you want, and you can also rest easy knowing that you won't pay interest for late payment.
It is worth noting that you need to have money in your balance or limit on the card, if you are going to pay your bills with your card.
Otherwise, the bills will not be paid, and this can even be risky, because if you have an emergency limit, in some situations, the bank uses this limit to pay the bills.
So, make sure you have enough money available in your account on the due date.
2. Make a payment list
No matter how much science and technology evolve and new tools emerge to help with control and note-taking, the simple list in the diary will always be useful and functional.
Use a notebook or notepad to schedule payments, obviously, put the bills in order, in this case, the ones that are due first.
By doing this every month, it will eventually become a habit, so you will hardly forget about it. accounts payable written in this diary.
As you make the payment, cross the bill off your calendar.
If you pay your bills online, you probably don't have the habit of printing receipts. If you can, print the receipt and staple it to the respective bill.
Another suggestion is to note on the paid bill the date it was paid and also where it was paid through, for example, the Nubank app.
In the case of bills paid to people for whom it is possible to send proof via a social network, be sure to do so.
All of these tips are important to keep control and help you find the receipt easily, if you need it.
If you receive more than one payment per month, distribute the bills according to payment, always prioritizing those that are due first and are charged a lot of interest for late payment.
Although the calendar is easier to use, you can also use an app to help you with your payment list.
It is certainly a great way to organize accounts payable.
3. Use DDA
DDA stands for Authorized Direct Debit. With this service, all bills registered under your CPF can be received by your bank.
In this case, the bank always issues an alert when a bill is due, so you don't miss a payment.
If you have available funds, you can easily make the payment right away.
One of the digital accounts that this electronic banking system has is Mercado Pago. You can activate it in the app and cancel it whenever you want.
This service differs from direct debit, as the bank only shows the bills and gives you the option to pay or set them up for direct debit, if you wish.
However, if you do not choose this option, they will not be paid automatically. DDA will work more like a accounts payable alert.
4. Organize the bills
Don't keep bills in a drawer or purse. Set aside a special place for unpaid bills, which should be easily accessible and visible.
You can even put them in a folder, as long as it's somewhere easy to see and remember.
To make your folder more organized, you can, for example, put each bill in an envelope and stack them in order.
5. Have a family budget
Finally, our last suggestion of tips for organize accounts payable is having a family budget.
It is part of family planning and is essential for keeping your finances up to date and controlling your spending.
With a well-structured family budget, you will always be able to keep an eye on consumption and payments.
This way, it is unlikely that any expenses will be left behind. Furthermore, they will always be paid on time, avoiding interest for late payments, cancellation of services and even the registration of defaulters.
To learn more details, the importance and benefits of a family budget, click read our text⤵️⤵️⤵️⤵️
Learn how to make a family budget and have a better quality of life
Conclusion
To organize accounts payable successfully, it is very important to have a clear due date calendar.
Use all the necessary tools to remind you of payment dates and organize your finances to pay everything on time.
Always keep track of your income and expenses so you don't lose control and end up spending more than you earn, and thus not being able to pay your bills on time.
If you happen to realize that you won't be able to pay off a debt on time, by being well organized and planning, you will be able to find an alternative in time.
For example, selling an item, earning extra income or even applying for a loan, a less recommended option.
However, always keep track of your spending and consume responsibly! Do your best to pay your bills on time to avoid losses.
