Accounts Payable & Receivable

Accounts Payable

We’ll help you keep track of your outgoings

We can prepare invoices for you, send them to your clients directly, keep track of who has paid, when they paid, which invoice they paid against, and provide you with regular reporting so you can see where things are at. We don’t just stop there, we can also chase payments by sending reminder emails and making reminder calls to your clients for you.

No matter how big your organization is, sending simple, transactional tasks involved with accounts payable, can allow your local team to focus on more complex tasks, and jobs that will be of more value and impact to your business growth and development.

It’s also a cost-effective alternative to employing locally, giving your accounts team the support they need at a reduced cost.

List of tasks but not limited to:

  • Checking invoice accuracy
  • Inputting and coding invoices correctly
  • Matching invoices and purchase orders
  • Processing and paying invoices
  • Following internal payment approval processes
  • Scheduling payment runs
  • Managing creditor enquiries for payment
  • Processing employee expense claims
  • Performing reconciliations
  • Monthly reporting
  • Working with required accounting software such as MYOB, Xero or Quickbooks.

List of tasks but not limited to:

  • Checking invoice accuracy
  • Inputting and coding invoices correctly
  • Matching invoices and purchase orders
  • Processing and paying invoices
  • Following internal payment approval processes
  • Scheduling payment runs
  • Managing creditor enquiries for payment
  • Processing employee expense claims
  • Performing reconciliations
  • Monthly reporting
  • Working with required accounting software such as MYOB, Xero or Quickbooks.

Accounts Receivable

Save yourself the trouble of chasing debtors

There are number of good reasons why you should outsource the administration, management and/or collection of your current or overdue debtors’ ledger to A-Plus Bookkeeping. Typically, our clients say their decisions were based on:

  • Concentrating all their time on new sales and marketing and not getting the time to control their debtors’ ledger or to follow-up on overdue payments.
  • Finding it was more economical and reliable to engage the professional services of A-Plus Bookkeeping than to maintain an accounts receivable department of their own.
  • Working in the business doing administration, instead of working on the business to produce new sales and income.
  • Gaining better results from A-Plus Bookkeeping on the average number of days outstanding and without damaging existing client relationships, than they were with managing the process internally.
  • Unable to find suitable or reliable accounts receivable staff, or else their business did not justify the employment of full-time experienced accounts receivables staff.

Costs of our accounts receivables management service

We offer the following two options for the management and collection of your Receivables Accounts:

Option 1

Commission on payments received

A 0.5% commission applies to each payment received.

Option 2

Fee for service rendered

 

Static fee of $15 (plus GST) per contact phone call. (i.e., where we are able to speak with the person or a substitute person within your client‘s organization, who identifies they are responsible for allocating payment or arranging for payment of your account).