Accounting System DesignAccounting System DesignAccounting System Implementation.
Home






Accounting Services Accounting Services
Home » Accounting Services » Accounts Receivable Services
Receive FREE QUOTES from Service Providers
Send your service requirements.
Receive quotes only from pre-verified and genuine service providers.
Click Here to Send Your Request Now


Accounts Receivable Services

Accounts receivable is the amount of money owed to an individual, company, organization for the goods / services provided to them. It is a current asset of a company and represents the amount that customers owe to a business. Accounts receivable are payable by the customers within a year from the date of sale of goods / services.


Ask Our Consultant of Accounts Payable Services





Accounts receivable service is a vast area and includes :
  • Accounts receivable recognition
  • Accounts receivable valuation
  • Accounts receivable disposal
These processes can be cumbersome and time consuming therefore, large organizations either use accounting softwares or outsource the process to professional accounting firms. This helps to manage it in a better way.

Organizations realize that not all debts will be collected and recovered, so they make an allowance for bad debts, that are in turn subtracted from the total accounts receivable. Accounting firms collect debts on behalf of their clients through settlement offers, payment plan negotiation and sometimes legal action.

Advantages Accounts Receivable Outsourcing
Outsourcing the accounts receivable provides the following advantages:
  • Ensuring internal control
  • Effective expense administration
  • Timely reconciliation of accounts receivable
  • Saving time and man hours
  • Preventing fraudulent invoices
Send Us Enquiry






Copyright © 2017 OutsourceAccountingServices.com All rights reserved.