Creating a fair balance of accounts and empowering businesses to take reliable financial decisions, account payables and account receivables are the most significant and critical processes in any productivity oriented organization. Additionally, with systematic accounts receivable and payable operations in place, you can efficiently manage the working capital and identify the key areas for fund savings.
Maintaining accurate accounts of purchased and sold goods or services either on cash or credit gives you clarity in the finances and allows you to manage your funds accordingly. Offering virtuous outsourced business bookkeeping services in India, Srifintax has been supporting its overseas and Indian clients to streamline their financials more effectively and productively. With reliable AP & AR services, we strengthen your financial system by efficiently updating your accounts and recording accurate and real-time receivables and payable transactions.

Organized and Systematic Procedures
Our diligent accounting and bookkeeping processes that include scanning, filtering, categorizing, and storing, enable us to offer reliable AP & AR services to our clients. Our stringent methods of ascertaining the account payables and receivables for your business include:-
Invoice Receipt: In the first step, we acquire hard and e-copies of your invoices in order to start the further accounting process.
Image and Data Capture: Right after acquiring the invoices, all the data will be stored in image format to complete the invoicing procedure.
Process and Route: All the invoices are segregated according to the business agreements and further routed to respective customer executives and lenders for final approval.
Disburse and Archive: Post the final approval, the invoices will be uploaded to the respective A/P and A/R accounts/systems for payment procedures. The invoices are then posted manually in the general ledger for further accounting procedures.