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

We will perform the following task as part of our accounts receivable services:

  • Posting customer payments by recording banks, checks, and credit card transactions,
  • Posting revenues by verifying and entering transactions from sales invoices, rental lease agreements, platform reports,
  • Updating receivables by totalling unpaid invoices,
  • Verifying validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers,
  • Resolving valid or authorized deductions by entering adjusting entries,
  • Resolving invalid or unauthorized deductions by following pending deductions procedures,
  • Resolving collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department,
  • Summarizing receivables by maintaining invoice accounts, coordinating monthly transfer to accounts receivable account, verifying totals, preparing report.