Accounts Payable & Receivable Management
Packages Offered: Standard Level or Premier Level
Utilizing our Accounts Payable & Receivable Management service provides many benefits to our clients. Not only does it save time and energy of the meticulous data entry and contacting vendors and customers, but it helps improve cash flow. Entrusting a qualified professional to manage the AP and AR responsibilities guarantees that payments are made and received on time.
Accounts Payable
Enter the invoices received from vendors into the accounting system after verifying their accuracy. Forward invoice overview to Client for approval before scheduling payment. Generate payment via check or ACH. Update account records accordingly. Routine review of payment terms and negotiating discounts with suppliers when available.
Accounts Receivable
Generate and send invoices to customers. Track any outstanding payments. Follow up and send reminders to customers with overdue balances and those in collections. Receive payments via check or ACH and apply to accounts accordingly. Assist with handling payment discrepancies and billing issues with customers to resolve any disputes.
Accounts Payable & Receivable Management
An a la carte option that is included in our Monthly Bookkeeping package.
Standard Level
Up to 100 bills/invoices processed
Price Starting at $150 per month; $5 each additional processing
Premier Level
Unlimited bills/invoices processed
Price Starting at $300 per month
If interested in this service, please schedule a consultation or reach out to go over personalized options for your business.