Accounts Payable

If you business has 15 or more regular suppliers of goods and services, our Accounts Payable Service will make your life easier by maintaining your supplier accounts, producing remittances and providing detailed management reports and purchase statistics.

Details of your payments, credit notes and invoices are entered into your system and your creditors accounts are updated automatically. We then provide you with the following items:

• Remittances with or without cheques
• Aged Trial Balance showing amounts due for current, 30, 60, 90 days (or 7, 14, 21 days), and last payment details
• Supplier's name and address listing with year to date purchases
• Audit list of all transactions entered
• Purchase Analysis for expense ledger

This will benefit you in many ways, but to name a few:

• The Suppliers Aged Balance reports allows maximum use to be made of extended payment terms
• Tighter control over payments to suppliers are obtained as Remittance Advices show all invoices presented and cheques paid
• Future cash requirements can be quickly predicted
• Bookkeeping expenses are reduced, as Bureau processing is less than staff wages.

Please contact David for more information, by phone (09 634-3556; mobile: 021 902-180) or email: [].