Payables and Receivables

Payables and receivables is like the ebb and flow of business—you owe someone money and someone owes you money. As simple as that sounds, it can be quite the challenge to sort it all out. Has that client made all of his payments yet? How much do they owe? How much do we owe the bank? Do we have enough to cover this payment? Questions like these must be asked and answered on a regular basis.

Fortunately, Relate CPA can take care of this for you. With our payables and receivables service in Maryland, we can keep track of all of your debts, organize all of your documents, and even handle delinquent clients. All so that you don’t have to.

Some of the services and benefits we provide include:

• Organizing data and documents.
• Creating invoices.
• Invoice reconciliations.
• Developing best practices.
• Improved cash flow.
• Collection management.

At Relate CPA, we have the experience and knowledge to take care of all your payables and receivables needs. Not only do we have the accounting skills to handle the job, but we also have the personal skills to work directly with you and understand your business goals. We pride ourselves on our relationships with our clients and we seek to establish a lasting trust with all of them.

Bill.com

In addition to being excellent accountants and really cool people, we also have a high technical ability. One of our favorite and most powerful pieces of technology that we use is Bill.com. This great web service allows us to better manage payables and receivables and integrates quite nicely with QuickBooks and other accounting software. It can also be custom-tailored to each client and molded to fit their business process. Bill.com helps us to approve and pay bills faster and invoice and get paid faster.

To get an idea of what Bill.com does, check out the video below.

With our powerful combination of technical, accounting, and personal skills, Relate CPA can make a huge difference in the way your company handles its debts and assets. If you would like to sit down and talk about how we can help your business with payables and receivables, give us a call or fill out our form below.