ACCOUNTS RECEIVABLE

-picture-id840874144.jpgRecording and collecting the company’s source of income is critical in providing the cash needed to run a company.  Providing Accounts Receivable analysis and AR management is another way Silicon Valley Accounting Solutions support business owners to achieve greater success.

Silicon Valley Accounting Solutions help clients choose and implement billing systems that range from customizing invoices sent from within QuickBooks to integrating online shopping carts that can feed sales detail directly into QuickBooks.  We will also make sure that there is an easy way for customers to pay the client invoices by check, credit card, or direct deposit.  Establishing ways to monitor Accounts Receivable to keep income coming in and provide positive outreach on accounts in arrears minimizes the risk of accumulating bad debt and hurting customer relationships.

  1. Invoicing
    • Choose between using an Invoice or a Sales Receipt in QuickBooks
    • Customize an invoice format to reflect the company image and content
    • Using time and expense entries to populate the invoice
    • Distribute via hard copy or e-mail
    • Recurring billing
    • Selling online using a Shopping Cart and linking directly to QuickBooks
  2. Receiving Payments
    • Checks received in the mail
    • Accepting credit cards
    • Recording ACH payments
    • Applying payments to open invoices
    • Handling payment discrepancies
  3. Making Deposits
    • Going to the bank
    • Remote capture
    • Recording credit card deposits and transaction fees
  4. Collections
    • Monitoring open Accounts Receivable
    • Payment reminders – frequency and content
    • Penalties for late payments
    • Sending clients to a Collection Agency

Silicon Valley Accounting Solutions provides bookkeeping and accounting services to businesses in San Jose, CA and the surrounding Bay Area.