Accounts Receivable - Bookkeeping Professionals - Accounting

Accounts Receivable:

This is a function of cash flow into a business as well as an indicator of how well a business is doing. More specifically, there are two ways that this can affect a business. The first is to show a given amount of sales on the books while not having the same level of liquid revenue at hand. The other is to have a balance between the amount of sales and the revenue received, which increases the liquid assets of a business, (liquid assets, in this instance, being revenue on hand, or in the bank).

Reporting all incoming cash flow to a bookkeeper helps to stay on top of what is coming in and what is expected. Furthermore, because this is where the earned revenue of a business materializes, it is necessary to have accurate records of the transactions that generate revenue at tax time.

We're Here to Help

If you require bookkeeping services for your business, make sure to call the professional Ottawa accountants at Envolta. Building relationships with our clients is our number one priority -You are not just a number. If you are not 100% satisfied with your service, we will give your money back.