Efficient cash management is the life blood of any business; FBS is able to perform a number of key tasks in this area:Bookkeeping We can process invoices, raise and receive payments on a daily basis, in preparation of monthly accounts.
Processing electronic filing and bank transactions
To compliment the transactions processed FBS can scan and store electronic copies of all your sales and purchase invoices, cheque payments, receipts and payslips.
Bank transactions
As well as the above we can also process bank transactions via BACS and other receipts on behalf of your business on a daily, weekly or monthly basis. If we are already controlling your business ledgers, the final part is making sure payment or receipt occurs.
Debt collection and credit control
We can chase debtors by telephone and letter; provide guidance on credit limits, as well as assessing a company’s credit worthiness and risk.
Transaction reconciliations
In addition to credit control we can offer reconciliation of debtor and creditor accounts. Reconciliation of the ledgers can include items such as stock transactions. This can be a particularly time consuming exercise, but an important factor in producing relevant and up-to-date records.
