Accounts Payable:
- Vendor invoice management, payment scheduling, and reconciliation.
Accounts Receivable:
- Invoicing, payment follow-ups, and customer reconciliation.
- Aging reports and collection monitoring.
Cash Flow Management and Planning:
- Tracking cash inflows and outflows.
- Preparing short-term and long-term cash flow forecasts.
- Optimizing cash reserves to ensure liquidity.
Bookkeeping
- Recording daily financial transactions, including sales, purchases, and expenses.
- Categorizing transactions for better tracking and understanding of business performance.
- Tracking income and expenses by location, department, and business unit.
- Bank, credit card, and PayPal account reconciliations to ensure records match balances.
- Entry and management of vendor bills and payments.
- Customer invoice creation, tracking, and follow-ups for overdue payments.
- Setting up and maintaining a chart of accounts tailored to the business.
- Managing recurring transactions such as rent, utilities, and subscriptions.
- Integration and data syncing with accounting software like ǪuickBooks, Xero, and NetSuite.
