Envision a scenario where you could diminish your expenditures and enhance managerial oversight over your business without any upfront capital investment by entrusting the management of Accounts Receivable and Accounts Payable to us. Tailored for businesses of all sizes, including startups, SMBs, and CPA firms, our adept and certified accountants are ready to provide comprehensive coverage for your needs.
Handling every invoice received from our clients involves a meticulous process. Initially, we compile a list of inquiries regarding pricing, sold goods or services, and other relevant information. Once our team resolves these queries, we proceed to validate all data on the invoices, including item details, invoice number, date, seller information, and more. Following thorough verification, we seek approval for payment.
Periodic transaction reports are generated at the convenience of our clients, typically on a monthly, quarterly, and annual basis. These comprehensive reports encompass all outstanding payments to each vendor, providing a detailed breakdown along with corresponding invoice numbers. Utilizing data from client invoices, payroll records, and additional expenses, we accurately compile reports that depict a comprehensive overview of all business-related expenditures.
Our database securely houses records of all business transactions, processed invoices, payroll distributions, and other crucial financial data. Clients can request retrieval of any transaction or correspondence dating back to the inception of our services, ensuring comprehensive access to historical financial information.
Our team of adept financial experts will meticulously examine the generated invoices, compiling a comprehensive list of outstanding debts. Following this, we evaluate the delinquency status of accounts and proactively engage in the collection process to secure payments for these outstanding debts.
We reconcile customer statements, bills, and invoices with precision to ensure alignment with our clients' ledger. Our dedicated team subsequently conducts a thorough examination of all deposits, meticulously verifying transaction details and cross-referencing them with account balances for accuracy.
Reports are meticulously curated to align with the unique requirements of the business, offering flexible delivery schedules, including monthly, quarterly, and annual options. These reports provide a comprehensive overview, recognizing all past payments received, complete with detailed descriptions and corresponding amounts.
Copyright ©2025 Accumag Solution LLP.