Virtual Purchase Ledger Department
Do you struggle to get valid VAT receipts from suppliers, or lose money by not reclaiming the VAT?
Are you frequently paying suppliers twice, or off statements due to time constraints?
Our virtual purchase ledger department goes one step further than bookkeeping, we provide a full outsourced function with access to a dedicated accounts payable email address, which will be provided to suppliers and managed directly by us.
Our service is perfect for businesses who are growing and want to remove the stress of managing any of their bookkeeping and payment processes including:-
- Access to a dedicated accounts payable email
- Support with notifying suppliers for the change of correspondence
- Dedicated account management of the inbox including processing supplier invoices, supplier statements, and queries.
- Obtains copies and vat invoices on your behalf
- Generate payment runs to support with paying suppliers to contracts
- Credit checks on suppliers if paying upfront
- Full bank reconciliations
- Support with designing a business structure that ensures invoices are signed off at the right level before payment
- Supplier management reducing the risk of final demands and late payment fees
