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How it Work | Account Payable Management @ Actuit

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How it Work | Account Payable Management Team

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How it works! Account Payable Management Team

It is as simple a 1-2-3 | Relationship Manager will guide you step by step

Published by Actuit India on

Accounts Payable : We help you to streamline the bill payment process

We'll also respond to vendor inquiries and process employee expenses

For us tracking bills payable, saving late payment charges for our clients is fun. Our team of payable experts do it efficiently while ensuring that you maintain control which vendor is to be paid, when and you only pay them.

With our accounts payable outsourcing services, you send bills directly to us or you scan and upload them. Your dedicated payable expert will enter the bill into QuickBooks and link the bill into QuickBooks.

To reduce risk of fraud, scanned images are linked to each transaction helps reduce your risk for fraud. You can review and approve bills on your phone, iPad or computer.

Accurate bill coding translates into more accurate financial statements

Bills are attached into QuickBooks, so you have support for your auditor, tax accountant or anyone who needs to see the bills.

Each bill transaction is reviewed for coding, as a result you have accurate financial.

We review the each payee on every check and accound code. If you don't look at the payee on the bank statement, you won't know if a bill that shows up in QuickBooks as paid to vendor, was really paid to your office manager who had changed the payee.

You always stay in control with multiple levels of approval. That means it's less likely that your office manager will pay her utility bill with your check if the invoice is attached. And, it will no longer be easy for her to write a check to herself and change the payee to Vendor if a bill needs to be attached supporting the check.

Detailed vendor accountant reconciliation is an important step to speed up the year-end closing process and make you have accurate financial reports.

Important: In the absense of diligent account reconcialiton, your financial statements, and your tax liability, can be potentially wrong.

Actuit Assurance

We deploy job specific professional to carry out your job accurately and on time.

Staffing Solution

You can hire trained staff for data entry jobs, accounting, bookkeeping jobs, and tax return preparation support etc.

Services

Our services starts from software setup, recordkeeping, bank reconciliation, accounts payable, accounts payable management, and preparing tax ready financial for your CPA to file taxes.

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