To avoid late fees and penalties, and the inconvenience of having your services and business interrupted, paying bills on time and keeping current with your payables is imperative. Timely payment of supplier invoices will ensure you get competitive prices from them. It will also keep you in good standing and make you eligible to be a part of their ongoing evaluation of discounts, which can increase profitability for your establishment.
We can help you monitor your scheduled bills by establishing a payables system where your bills can be easily tracked. You will be able to setup reminders to pay important bills when they are due. Checking bills received for accurate computation is vital and must be done as soon bills arrive. However, we will help you keep track of statements received and get reconciliation done, in order to ensure your account is in synch with your creditors.
There are several software available to help simplify your payment process, such as QuickBooks. If you purchased QuickBooks and would like help setting it up and getting familiar with its features, we will be happy to come to your office and get it done. If you would rather designate, we will be delighted to get your entire bookkeeping system in place, including your payables.
Schedule a phone consultation with us, or call us at 718-257-4535 to set up an appointment to help get your bills and bill payments in order.
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