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Accounts receivable services

JP MAGSON’s Accounting support team offers a competent account receivable analysis which maintains a strong and active business for our client. We facilitate quick invoicing and dispatch of monthly customer statements as per their credit terms. Efficient accounts receivable procedures make sure that your receivables are quickly converted to cash through effective cash flow support.

Account receivable outsourcing to JP MAGSON ensures that you are able to save on collection agency fees, reduce operational expenses sustained while maintaining a full-fledged accounting department at your end and have good credit management policy in place.

We carry out the following Accounts receivable procedures;

  1. Sales Orders verification and processing
  2. Sales Order to Invoice Conversion
  3. Match Invoices with Customer Payments
  4. Invoice receipt verification
  5. Monthly open balance statements to customers
  6. Aging analysis Report
  7. Monthly reconciliation of Accounts Receivable Ledger
  8. Accounts receivable fraud or crime investigation
  9. Bad debts managements
  10. Invoice discounting and factoring management and monitoring services-JP Magson professionals ensure that the financial company does not cheat you at time of your dealing with them.

JP MAGSON will do the following for your business;

  1. We will facilitate you in generating appropriate accounts receivable reports for collection and high-end cash flow management.
  2. We carry out proper assessment of overdue invoices, thereby helping you to realize proper finance charges based on your company’s credit policies.
  3. We carry out timely account receivable reconciliations, managing customer invoices as well as initiation of statements pertaining to defaulting of invoices; this facilitates improvement in cash flow.
  4. We offer you secure and high quality accounts receivable that goes through strict quality checks by our Quality Assurance team.

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