Do you know the total amount of your business debt?
Can you track all outstanding bills?
Are paying your vendors on time?
Accounts payable management involves the oversight of all financial activities relating to creditors (people you owe money to). All related transactions are recorded in the Accounts Payable sub-ledger at the time of invoice and displayed as liabilities on your company's balance sheet.
The Accounting Firm has expertise in all AP levels, with extensive experience managing AP operations.
The Accounting Firm will provide but not limited to daily updates of all outstanding bills, a daily-updated AP balance reports, access to vendor sales terms and so much more.
Accounts Receivable Management involves the oversight of all financial activities relating to debtors (people who owe you money). All transactions related to accounts receivable are recorded in the Accounts Receivable sub-ledger upon creation of invoice and displayed as assets on your company's balance sheet.
The Accounting Firm has expertise in all AR levels, with extensive experience managing AR operations.
The Accounting Firm will focus on improving cash flow, reducing business bad debt loss and maximizing the effectiveness of your accounts receivable management system. The Accounting Firm will provide the business with a clear image about the impact of management decisions on cash flow.
