Accounts Payable & Receivable
Know what is going out, what is coming in, and what is overdue.
What this includes
- Vendor bills recorded and tracked to due dates
- Customer invoices recorded and applied against payments
- Aging reports for both payables and receivables
- Vendor and customer accounts kept reconciled
- Outstanding items flagged before they become problems
Knowing what you owe and what you are owed
Cash flow problems are rarely a surprise in hindsight. They are usually visible weeks earlier in the payables and receivables — if anyone is looking.
Accounts payable
Vendor bills get recorded as they arrive and tracked against their due dates, so nothing is missed and nothing gets paid twice. Vendor accounts stay reconciled, and an aging report tells you what is coming due.
Accounts receivable
Customer invoices are recorded and matched against payments as they arrive. An aging report shows you who is overdue and by how much, so the conversation you have with a slow-paying customer is based on an accurate number.
Where the boundary sits
We keep the records accurate and the reporting current. Authorising payments and contacting customers stay with you — you know your relationships, and those decisions should stay in your hands.
Who this is usually for
Contractors
Job costs and cash flow you can actually see.
Corporations
Corporate books maintained to a standard that holds up at year end.
Small Businesses
Reliable bookkeeping without the cost of an in-house hire.
Questions
About this service
Do you pay my bills for me?
We handle the bookkeeping side, keeping payables recorded, tracked and reconciled. Payment authorisation stays with you.
Do you chase my customers for payment?
We keep receivables accurate and produce aging reports so you know exactly who is overdue and by how much. Collections calls stay with you.
Often needed alongside this
Monthly Bookkeeping
Your books kept current every month, so you always know where the business stands.
Financial Reporting
Statements and reports that tell you something useful about the business.
Corporate Bookkeeping
Corporate books maintained to a standard your accountant can work from.
Find out where your books actually stand
A free consultation, no obligation. Tell us how the business runs and where things currently sit, and we will tell you honestly what it would take to get the books right.
Canada-wide, fully remoteYour information stays confidential