San Diego Bookkeeping

Bookkeeping includes

Accounts Receivable
Accounts Payable
Purchasing

Bookkeeping takes on getting your company paid in a timely manner, and paying vendors the best price in a timely manner.

Let a professional take care of your books.

San Diego Bookkeeping and Accounting offers these services a la carte, or we can handle it all.

Large companies have the luxury of separating these departments for compliance and fraud prevention.

San Diego Bookkeeping and Accounting caters to the small company, by helping you mimic large companies by outsourcing these departments.

Feel safer knowing your books are being taken care of correctly and according to regulation.

San Diego Bookkeeping and Accounting complies with the generally accepted accounting principles (GAAP).

Accounts Receivable

The lifeblood of any company is getting paid in a timely manner.

Posting the invoices promptly and producing the aging report frequently assists in the collection process.

Accounts receivable, to help your company’s cash flow

Accounts receivable comes in many forms of legal tender.

San Diego Bookkeeping and Accounting has expertise with direct deposit, credit card or pay pal payments.

We even have experience with accepting bit coin.

Accounts receivable, according to Investopedia, is “the outstanding invoices a company has or the money the company is owed from its clients.”

Once a product or service has been delivered, a business has the right to receive payment.

Here at San Diego Bookkeeping and Accounting, we can handle your accounts receivable, even if they are not San Diego accounts receivables.

Accounts receivable lands on the company’s balance sheet as an asset.

Here at San Diego Bookkeeping and Accounting, we can help you understand what your accounts receivables mean on your balance sheet to people looking at it— namely lenders and prospective buyers.
San Diego Bookkeeping and Accounting also teaches companies accounting procedures, along with creating and reading the reports.

Factoring your receivables

San Diego distributors and other types of companies have an option of selling their collections before they are due, or factoring your accounts receivable.

There are companies that will factor your receivables if you qualify.
This give a company money immediately, much like a line of credit, only there is no payment due like a loan.

Factoring companies deduct their fee up front.

Factoring companies will do the credit check on your customers to qualify them on an individual basis.

San Diego Bookkeeping and Accounting will help you factor your receivables.

San Diego Bookkeeping and Accounting will take on your San Diego Accounts Receivable.

Accounts Payable

Paying suppliers in a timely manner leads to good working relationships, and many times additional discounts and/or better service.

When discounts are available for quick payment, depending on cash flow, we will try to take advantage of this opportunity.

For large orders many times additional discounts may be available.

San Diego Bookkeeping and Accounting will handle your San Diego accounts payable.

Accounts Payable is money owed.

Accounts payable can be a juggling act, especially without a line of credit.

This requires organization, thoughtfulness and skill.

Running the correct reports to organize the timing of payment deadlines, thinking through the reality of your receivables, and the skill to piece together a plan is how accounts payable are handled professionally.

This allows you to run your business and we will manage the payables.

Lines of credit are a blessing when needed, but beware of the daily interest rate on them.

Credit cards charging 22% monthly interest is not uncommon, and these cards tend to be maxed out.

Lines of credit are best utilized when they are paid back in a timely manner.

Much like factoring your receivables, lines of credit interest can be costly.
This is where making an educated decision between a business line of credit or a longer term loan is necessary.
Accounts payable will give you the tools to make this educated decision.

Fair payment plans can help your company keep the needed day to day capital to manage the daily business.

We can run a monthly report that shows where you are spending your money.

This allows you to analyze and manage your spending better.

Accounts Payable lands on the company’s balance sheet as a liability.

Here at San Diego Bookkeeping and Accounting, we can help you understand what your accounts payables mean on your balance sheet to people looking at it— again, namely lenders and prospective buyers.
San Diego Bookkeeping and Accounting also teaches companies accounting procedures and how to and reading the reports.

San Diego Bookkeeping and Accounting can manage your San Diego Accounts Payable.

Organization, reporting and knowing – make educated decisions

Purchasing

Purchasing is an art of persuasion, knowledge and timing.
Purchasing in large companies is a process starting with a need, permission, researching and negotiations.

The Wikipedia definition is “attempting to acquire goods or services to accomplish the goals of its enterprise.”

If knowledge is power, then consider San Diego purchasing king.
San Diego Bookkeeping and Accounting will triumph over your San Diego purchasing.

We have had successful experience in working closely with important suppliers in a multitude of industries.

Suppliers that have customers they want to keep happy, many times have different options available that they only offer to preferred customers.
San Diego Purchasing by San Diego Bookkeeping and Accounting is referred to as a preferred customer because of our integrity, communication skills and appropriately negotiated payments.

Sales peoples’ personality goes a long way when dealing with different customers.

Sometimes simply changing sales people with a company you like buying from can make all the difference.

San Diego purchasing also does payroll and understands different companies allow sales people more wiggle room on price, which could affect their commissions.
A fair sales person would see you as a long term customer and be willing to maneuver within their company’s capacity to lower your price. Always be friendly to the person receiving the commission, since they have the power to save you money.

San Diego Bookkeeping and accounting has the knowledge to save you money.

San Diego Bookkeeping and accounting has experience with large and small vendors in a multitude of industries.

Purchasing by competent people with know how in making the bottom line as small as possible.

Let us help save you time and money.