Barron Shah Consulting Services
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Establish Financial Administration Practices
- Financial procedures
- Backing up of your accounts files
- Maintenance of customer and supplier details
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Creditor Control - Accounts Payable (AP)
- Keeping track of who you owe money to
- Matching of packing slips and purchase orders to
invoices and accepting them into the finance system for payment
- Expenses and petty cash administration
- Preparation of cheques for your authorisation
- Managing your payment terms
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Invoicing and Debtor Management - Accounts Receivable (AR)
- Keeping track of who owes you money
- Generation & delivery of invoices
- Confirm customer payments and follow up of overdue amounts
- Establishment of debtor policy
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Cash-flow Management
- Application of AP and AR policies to maximise cash flow in your business
- Banking cash and cheques promptly
- Reconciling bank statements regularly
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Reconciliations - Bank and General Ledger Accounts
- Processing journals
- Correcting incorrectly allocated entries
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Financial Statements - management & monthly reporting
- Reports produced for your weekly/monthly/quarterly review
- Balance Sheet - statement of financial position
- Profit and Loss statement
- Statement of cash flows - statement of incoming and outgoing funds
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Mobile Bookkeeping
- Documents exchanged via Australia Post or courier service
- Pick up and delivery of necessary documentation can be arranged
- Services can be provided from our own office so there is no need for
your business to provide additional equipment or space