Receivables and Payables by Account
Boosting the Foundation of Your Financial System!
The most important and crucial procedures in any productivity-focused organization are accounts payable and accounts receivable, which help to maintain a fair balance of accounts and enable organizations to make trustworthy financial decisions. Additionally, you can effectively manage working capital and pinpoint the main areas for fund savings if you have regular accounts receivable and payable procedures in place.
You may manage your finances more effectively and get financial clarity by keeping accurate records of the things and services you have bought and sold, whether you paid for them with cash or on credit. Xpert Edge Global outsourcing has been helping its clients in India and beyond to simplify their finances more efficiently and profitably by providing ethical outsourced corporate bookkeeping services. We improve your financial system by effectively updating your accounts through dependable AP & AR services.
Procedures That Are Systematic and Ordered
Our assiduous filtering, storing, classifying, and scanning procedures in accounting and bookkeeping allow us to provide dependable AP & AR services to our clients. Our meticulous techniques for determining your company's accounts payable and receivables consist of:
- Invoice Receipt: To begin the subsequent accounting process, we first need paper and electronic copies of your invoices.
- Image and Data Capture: To finish the invoicing process, all of the data will be saved in image format as soon as the invoices are acquired.
- Process and Route: In accordance with the business agreements, each invoice is divided into groups and sent to the appropriate client executives and lenders for final approval.
- Distribution and Archiving: Following final approval, the invoices will be transferred to the appropriate accounts/systems for accounts payable and accounts receivable. The bills are subsequently manually entered into the general ledger in order to proceed with additional accounting processes.
Total Command over the Data.
We enable you to efficiently manage all essential finance processes that successfully run concurrently with the cash flow with our AP & AR services. We hope to increase your control over your accounts by providing you with real-time access to up-to-date financial records through our comprehensive solutions.
Supported By Our Team of Accounting Professionals
Our comprehensive finance Xpert Edge Global Team and state-of-the-art technology support our outsourced bookkeeping services, which efficiently handle all of your accounts payable and receivable documentation. Our trustworthy services for accounts payable and accounts receivable include:
Services for Account Payable:
1. Acquisition of Data
Covering every receipt and keeping track of the payables and receivables paperwork on paper.
- Classifying
- assembly in batches
- Examining
- Indexing
- Preservation and Acquiescence
- Examination and Reckoning
2. Information Processing
Strictness in handling exceptional transactions and appropriate handling of them.
- Routing and Approval
- Reduced Month-End Closing Time
- Record Audit Trail
3. Inferior Duplicate Examination
Removing the possibility of duplicate transactions and unpaid balances.
- Both manual and automated data entry
- Database Matching in Three Ways
- Processing of Electronic Invoices
4. Payment
Lowering floating costs with quick payments
- Printing and Handling of Cheques
- Safeguarding Check Stock Upkeep
- Web-Based Proofing
- Digital Transfers
- Handling of Special Invoice Mail
5. Our Extra Services
To bolster your company's financial stability.
- Billing for utilities
- Processing of Travel Expenses
- Reporting Taxes
- Management of Suppliers
- Special Project Reports
Services for Account Receivable
- billing preparation and sending following consent from the client
- Maintain and track revenue
- Receivables transactions are input into the accounting program.
- putting together and distributing periodic statements
- issuing credit memos and refund checks that have been authorized by the client
- Keeping up the ledger for subsidiary receivables
- issuing credit memos and refund checks that have been authorized by the client
- implementing process modifications that the client has approved
- transferring funds received to client accounts and settling short payments
- Creating reports on receivables receivable
- Services for managing accounts receivable deductions (AR deductions)
Our service mantra is "dilligence."
Our accounting professionals provide accurate and faultless outsourced accounting services by closely monitoring your payables and receivables, significantly reducing the likelihood of any errors, and further guaranteeing the validity of the final records. You can monitor the A/R and A/P accounts and get real-time access to your data with our web-based reporting system. We hope to improve your company's connections with both vendors and customers by being thorough in our work and dependable in our AP & AR services. We also hope to bring transparency to your company's overall financial operations.
India Office
Lorem Ipsum es simplemente el texto de relleno de las imprentas y archivos de texto. Lorem Ipsum ha sido el texto de relleno estándar de las industrias desde el año 1500,
USA Office
Lorem Ipsum es simplemente el texto de relleno de las imprentas y archivos de texto. Lorem Ipsum ha sido el texto de relleno estándar de las industrias desde el año 1500,
uk Office
Lorem Ipsum es simplemente el texto de relleno de las imprentas y archivos de texto. Lorem Ipsum ha sido el texto de relleno estándar de las industrias desde el año 1500,
Business Services
Accounting Services with Value Additives
- Conversion to IFRS
- Accounting Information
- Payroll Assistance
- Bookkeeping and Accounting Services
- Year-End Bookkeeping
- Services for Bookkeeping and Accounting
- Budgeting and Forecasting
- Preparing Your Tax Return
- Reports on Management
- Migration of accounting software
- Receivables and Payables by Account