The sum that the business must pay to its affiliated vendors in order to purchase different goods or services is known as accounts payable. Conversely, accounts receivable are the sums owing to the business as a result of selling different products or providing services on credit.

Any business or individual professional who is looking to maintain accurate financial records, struggling with analysing the extensive financial reports/data or have difficulty in maintaining compliance.

There are many benefits that you can enjoy by outsourcing accounting services such as cost & time saving, increase in productivity by eliminating repetitive accounting tasks, maintain accurate financial records, ensure compliance, minimise liability, maximise profits, identify areas for improvement, drive meaningful consumer insights, etc.