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Accounts payable and receivable

Bills and invoices kept in order in your own Xero, MYOB or QuickBooks Online file. You'll know what's due to suppliers and who owes you, and you approve and make each payment yourself.

Get a payables and receivables quote
Going out
Bills entered and listed
Coming in
Invoices tracked to payment
Payments
Approved and made by you

What's included

Both sides of the ledger, the money going out and the money coming in. We keep the records and prepare the lists, and the money stays in your own bank account.

  • Supplier bills entered from the copies you forward to us
  • Each bill checked off against the payment that settles it
  • A list of bills coming due, for you to approve and pay
  • Sales invoices raised in your software from the details you give us, or tracked if you raise them yourself
  • Customer payments matched to the invoices they cover
  • Part payments and credit notes recorded against the right invoice or bill
  • An aged list each month of who owes the business, and for how long
  • A list of overdue invoices, so you can follow up those customers

Not included

Paying bills, holding or moving your money, collecting debts, or contacting your customers about what they owe. You make payments from your own bank, and you decide how to follow up anything overdue.

How payables and receivables work

A routine that keeps both lists current, agreed at the start.

  1. 01

    Agree

    We agree how bills reach us, who raises the sales invoices, and when you'd like your list of payments due.

  2. 02

    Record

    We enter the bills, match the money going out and coming in, and keep both lists up to date in your software.

  3. 03

    Approve

    You get the list of what's due and the aged list of who owes you. You approve and pay the bills, and decide who to follow up.

Payables and receivables questions

Do you pay our bills?
No. We prepare the list of bills that are due, you check it, and you approve and pay them from your own bank account. We don't hold or move your money.
Will you chase customers who pay late?
No. We give you a list of overdue invoices, showing how long each one has been unpaid, so you can follow them up yourself. We don't contact your customers or collect debts.
How do bills get to you?
Forward them to us by email as they arrive, or add them to your accounting software yourself. Either way, each bill is recorded with a copy of it attached.
Can invoices go out in our business's name?
Yes. Invoices are made in your own software, with your business name and details on them, and can be emailed to customers from there.
What is an aged list of who owes us?
A list of unpaid sales invoices, grouped by how long each has been outstanding, so the oldest stand out. A matching list shows the bills your business still owes.
Can we keep raising our own invoices?
Yes. If you'd rather send your own, we track each one through to payment and match the money when it lands in your account.
What do we have to send you?
Access to your accounting software, your bills as they come in, and an answer when a payment arrives that we can't link to an invoice.

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