Accounts Receivable Financing and Save 60% of on accounts receivable cost

Accounts receivable is one of a sequence of financial accounting transactions dealing with the billing of a customer for goods and services he/she has prepared. In most industry thing this is logically prepared by generating an invoice and mailing or electronically delivering it to the customer, who in turn must pay it within an established time-frame called "creditor payment terms." At Bookkeeping Services India has dedicated resources and infrastructure to manage accounts receivable financing activities at reasonable costs.

Outsourcing your accounts receivable financing tasks to us and get benefits:

• Increased Cash Flow
• Fewer Delinquencies
• Reduced Operating Costs
• Improved Customer Services
• Improved Management Control
• Reduced Outstanding Daily Sales
• Increased Sales to Slow Paying Accounts

We have well qualified professional to handle all your queries concerning new projects, planning, output formats, quality procedures, delivery programs, and managerial issues on 24/7 x 365 bases. All responsibilities are performed under careful and energetic monitoring by our project management team.

Our company provides 24x7 online email supports to our valued customers or the persons who are concerned in our services. If you desire additional information concerning our accounts receivable financing services so feel free email us at - info@bookkeepingservicesindia.com our free email support gives you the immediate and professional accounts receivable financing consultation for your necessities.

All our accounts receivable services follow international standards and afford the greatest prospective output to customers. So, don’t be hesitates feel free contact us. Our company gives you professional and accurate accounts receivable services. Our main goal is maximum customer satisfaction.

Source:

Prlog.org

About Accounts Receivable and Accounts Receivable Management

Accounts receivable is one of a sequence of financial accounting transactions dealing with the billing of a customer for goods and services he/she has considered. In most business entities this is usually done by generating a statement and mailing or automatically delivering it to the customer, who in turn must pay it within a recognized time-frame called "creditor expense terms."

Account receivable means money which is billed to a company by a customer for products and services provided on credit. This is treated as an existing asset on a balance sheet. A detailed sale is normally only treated as an account receivable after the customer is sent an invoice.

While booking a receivable is proficient by a plain financial accounting transaction, the procedure of maintaining and collecting payments on the accounts receivable subsidiary account balances can be a full time proposal. Depending on the industry in practice, accounts receivable payments can be acknowledged up to 10 - 15 days subsequent to the due date has been reached.

Account receivables are classified as existing assets assuming that they are due within one year. To documentation a journal entry for a sale on account, one must debit a receivable and credit a revenue account. When the customer pays off their accounts, one debits cash and credits the receivable in the journal entry. The ending balance on the trial balance sheet for accounts receivable is always debit.

In today's credit environment outsourcing accounts receivable management has become an important business tool. How companies handle accounts receivable differs, but accounts receivable processes commonly allow you do three things:

• Record your daily sales and receipts
• Generate customer invoices and monthly statements
• Track customers' current and past-due balances

Related accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable. Accounts receivable departments use the sales ledger. Other types of accounting transactions include accounts payable, payroll, and trial balance.

About the Author

For More Information visit: Accounts Receivable and also Accounts Receivable Management services.

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Outsourcing Your Accounts Receivable Management Tasks At Low Costs

Bookkeeping services India is an IT enabled bookkeeping services provider outsourcing company. We provide professional and valuable bookkeeping and financial accounting services like bank reconciliation, accounts payable, account receivable, payroll processing services to all customers in different parts of the bookkeeping business world.

Accounts receivable is one of a sequence of accounting transactions dealing with the billing of a client for goods and services he/she has ordered. In most business entity this is naturally done by generating an invoice and mailing or electronically delivering it to the client, who in turn must pay it within an established time-frame called "creditor payment terms." Our company Bookkeeping Services India has dedicated resources and infrastructure to administer accounts receivable financing activities at a lower cost

Whether you aspiration to outsource your accounting responsibility to Bookkeeping Services India or require support in a detailed area like accounts receivable management, we have highly experienced professionals and exclusive procedures to help you in the daily tasks associated with your accounting requirements.

Outsourcing your accounts receivable management tasks and get benefits:

• Reduced operating costs
• Increased cash flow
• Improved management control
• Improved customer services
• Increased sales to slow paying accounts
• Reduced Outstanding Daily Sales

Our accounts receivable management solutions amplify efficiencies, and lower costs, permitting customers to invest more of their time and budgets in the value added components of their back office.

Bookkeeping Services India have highly experienced people to handle all your queries concerning new projects, planning, output formats, quality procedures, delivery schedules, and administrative issues on 24/7 x 65 bases. All tasks are performed under careful and active monitoring by our project management team.

If you prefer to outsourcing your accounts receivable management tasks to us so don’t be hesitate log on to http://www.bookkeepingservicesindia.com/account_receivable.php and contact us http://www.bookkeepingservicesindia.com/contact.php also our mail id is info@bookkeepingservicesindia.com
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Bookkeeping Services India is a leading bookkeeping accounting services provider outsourcing company. We provide accurate Accounts receivable services assist you by managing your accounts receivable financing, day-to-day transactions, billing & provide timely financing information. We provide accounts receivable, accounts receivable management, accounts receivable management services, accounts receivable services at 60% low costs to all small business, mid and also large business.

Source:
http://www.prlog.org

Charting Your Course with Bookkeeping

When the exact longitude and latitude of the ship are known it's possible for the captain to chart an accurate course across rough seas. The general manager of a business is like a ship's captain. Knowing your location and direction is fundamental for charting the right course in sailing and in business.

The charts for a business are its income statement and balance sheet. A good general manager uses these to know exactly where the business is and where it is headed. Armed with this information, better business decisions are more likely. A competent bookkeeper provides these reports accurately and in a timely fashion.

It is the job of the bookkeeper to accurately state the condition of the business in a real time basis. The bookkeeper records all changes in the financials of a business using a double entry accounting system based on the fact that Assets = Liabilities + Owner Equity. All business transactions are accounted for using this system.

Some basic tools of the bookkeeper are:
Ledgers such as accounts receivable, accounts payable, fixed assets Journals for recording each financial transaction Vouchers such as checks and numbered bills for services or material Invoices representing sales of products or services Journal entries (recurring and special) Trial Balances for interim reporting Financial Statements beginning with the income statement and balance sheet Four important features of competent bookkeeping are:

Timeliness: It's generally important to record transactions on a timely basis. This means that invoices and bills are posted by the next business day. However, on some instances similar transactions are processed in batches.
Account Reconciliations: It's also critically important for accounts to be reconciled monthly to assure accuracy. For the cash to be right, for example, check books must be reconciled to the bank statements and outstanding checks must be identified.

Analyzing Accounts: For payables and receivables, it's important to know the age of the bills and invoices. How much is "current" and "overdue" is basic to staying on top of your credit rating and vendor relations. For receivables it's important to know how you are doing in collecting funds from each of your customers. Matching: Revenues in a fiscal period must be matched to expenses incurred in that same period. When items don't match in the same period, inaccurate income statements are the result. This leads the general manger to miscalculate the direction of the business. Good bookkeeping is the foundation of good accounting. It is also fundamental to help the general manager steer the business through rough seas and into calm waters.

About the AuthorDavid Powelson has run several successful small businesses. His current businesses are Power World Sports and Sales Star Networks. David is also working on the definitive manual for general managers.

Originally source: http://www.articles-hub.com/
Republished By:Outsourcing Bookkeeping Services