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Home / Thoughts and Knowledge / Economy

The bills from an economic perspective

Prof . Zaid Mohammed Al-Rommany

Published On: 16/7/2019 A.D. - 13/11/1440 H.   Visited: 2436 times     



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The bills from an economic perspective

 

 The bills are one of the unavoidable life universals. We can laugh because of the many of our papers in our lives, but watching the bill that has not paid the view is definitely not laughing! Many of our papers will be forgotten if we ignore them for a long time, but the bills must be found. The lost bill may mean separating the telephone, electricity or water service. The bills may sometimes cause bitterness.

 

It comes with unlikable bills of the same set of questions. We don't just have to mean the question of getting the money to pay these bills, but there are also issues, such as: Who pays the bills, when, where and how. Clients often spend time arguing about whether they want to postpone the payment of a bill.

 

One of the most important elements of the pressure relief accompanying the bill payment process is the design of a system for archiving. The easiest way to do this is to put all the bills in one place, although this is not the best method in terms of financial management. Sit down and pay these bills at least once a month, and then save all receipts in one shop or in different stores depending on the type of expense. If you want to review the payment process, you will be able to find the information.

 

Note that it is not necessary to open the message with the bill as soon as it is received. If you do not intend to act on the invoice in a specific way as soon as you receive it, I do not recommend that you open it; as the result of opening letters with invoices, there will be a significant increase in the paper you have to Organize it, as well as the probability of separating the invoice from the envelope you will use for the payment process .

 

One of the methods used to adjust the billing time is to open it, write down the value and the date of payment in bold line on its envelope, and then write in your Calendar the day you have to pay. Another way is to prepare a list of invoices that you receive, and then place a line on each bill you pay, showing the date of payment and the method of payment. A future reference to your billing process will benefit from this organization .

 

From the standpoint of financial regulation, it is prudent to pay once a month. This method allows you to look at your financial situation thoroughly and make decisions based on actual facts, not on your feelings or concerns .

 

After you pay the bills, you will be faced with the following question: What do I make with receipts? To answer this question, ask yourself another question: What makes me need this receipt? And if you review your past, you may you realize that you did not need this information .

 

I know you need to keep these receipts until you make sure that the thing you bought, or the deposit you made, was accurately recorded on the statement. After you confirm this, and you do not want to keep the receipts as a document for your purchases, you can get rid of them .

 

Although you will not receive money for organizing your financial records, this is a great work. Most people don't like the bill payment process, but postponing the process doesn't make it easier or shorter than the time it takes. So you should take the first step by placing each bill that you receive by mail in your business file titled ((for Payment)), then make an appointment with yourself to complete the task, and then complete it .





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