A Complete Guide on Accounts Payable

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A Complete Guide on Accounts Payable

UK Property Accountants will handle your property business's full accounts payable function, from collecting and posting purchase invoices to uploading supplier payments in the bank.

We will perform the following tasks as part of our accounts payable services:

Collecting purchase invoices and checking the invoices for accuracy on the details such as company name, VAT number, etc.
Processing and posting the purchase invoices into the accounting software
Coding the purchase invoices to the correct accounting codes
Working closely with surveying, facilities management, client accounting colleagues
Reconciling supplier payments to the relevant purchase invoices
Uploading the supplier payment file in the bank to enable directors to make payments to the suppliers
Ensuring credit is received for outstanding memos
Maintaining accounting ledgers by verifying and posting account transactions
Controlling, setting up and maintaining of supplier records on the Property Management database or other software
Performing regular supplier reconciliations, liaising with suppliers to resolve any anomalies
Assisting colleagues in other areas of the Operations team (cashiers and credit control) as required

About
Latest Posts

Raju Gajurel

Raju Gajurel is a Chartered Accountant, Chartered Tax Adviser and Chartered Financial Analyst with 22+ years of experience, specialising in the property domain. He has worked with clients ranging from small investors to those with over £1 billion in assets and has experience in firms like KPMG and BDO. Raju has extensive expertise in areas of complex tax planning and advisory. He is an astute professional dedicated to helping real estate and financial clients achieve financial success.

A Complete Guide on Accounts Payable

We will perform the following tasks as part of our accounts payable services:

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