Bookkeeping and accounting services
BOOKKEEPING & ACCOUNTING SERVICES
Offload the administrative load on your team by trusting our trained and managed staff for your booking & accounting needs.
Accounts payable
- Invoice Processing: Managing the receipt and processing of invoices from vendors and suppliers;
- Verification and Approval: Verifying the accuracy of invoices, ensuring that goods or services were received, and obtaining necessary approvals for payment;
- Payment Processing: Initiating and overseeing the payment process, which may involve issuing checks, electronic transfers, or other payment methods;
- Supplier Communication: Interacting with vendors and suppliers to address payment-related inquiries, resolve discrepancies, and negotiate favorable payment terms.
Accounts receivable
- Invoicing: Creating and sending invoices to customers for goods or services rendered, specifying terms and conditions of payment;
- Credit Management: Evaluating the creditworthiness of customers and establishing credit limits to mitigate the risk of non-payment;
- Receipt and Posting: Recording customer payments accurately and promptly in the financial system.
- Reconciliation: Reconciling accounts receivable ledgers with customer payments and resolving discrepancies;
Financial reporting
- Reporting and Analysis: Generating regular reports on accounts payable and receivable activities, providing insights into cash flow, outstanding payments, and other relevant financial metrics;
- Forecasting: Assisting in financial forecasting by analyzing payment trends, predicting future cash flows, and identifying potential liquidity issues.
Financial and corporate document management
- Record Keeping: Maintaining accurate and organized records of all financial transactions, ensuring compliance with accounting standards and regulations.
- Audit Support: Preparing documentation and providing support during internal and external audits to ensure transparency and accountability.