Our Service
ACCOUNTS PAYABLE & RECEIVABLE
Accounts Payable and Receivable Services That Keep Cash Moving
Accounts payable and receivable sit at the centre of day-to-day cash control. Delayed invoicing, missed supplier bills, unreconciled balances and inconsistent follow-up can quickly affect relationships, reporting and working capital. SNS Accountancy provides structured accounts payable and receivable services for UK businesses that need dependable financial administration and clearer oversight.
We can support the full accounts payable and receivable process or selected tasks, working alongside your internal team as a flexible outsourced resource. Clear approval controls, reconciliations, ageing reports and documented communication help reduce errors and keep management informed.
What's Included
Supplier Invoice Processing
Record, code and organise supplier invoices, supporting documents and due dates according to the agreed workflow.
Approval and Payment Schedules
Maintain approval controls and prepare payment schedules for authorised management review.
Customer Invoicing and Allocation
Issue or record sales invoices, allocate receipts and maintain accurate customer account balances.
Receivables Follow-up
Provide professional reminder support and ageing visibility while following your approved communication policy.
AP and AR Reconciliations
Reconcile supplier statements, customer ledgers, control accounts and material exceptions.
Ageing and Cash Reporting
Prepare payables, receivables and working capital reports so priorities and risks remain visible.
Service Benefits
Stronger Working Capital Control and Cleaner Ledgers
A consistent accounts payable and receivable manager process helps the business pay accurately, collect promptly and maintain reliable balances for reporting
Benefits
- More timely supplier and customer account processing
- Clear approval, documentation and audit trails
- Reduced overdue balances and unresolved exceptions
- More accurate ledger and control account reconciliations
- Better visibility of near-term cash commitments and collections
- Flexible outsourcing accounts payable and receivable support
How We Work
A Structured, Practical Approach
Step 01
Process Review
Map current payables, receivables, approval routes, systems, volumes and reporting requirements.
Step 02
Controls and Onboarding
Agree responsibilities, access, document flow, cut-off dates, escalation rules and approval limits.
Step 03
Day-to-Day Processing
Complete the agreed invoice, allocation, follow-up, reconciliation and reporting activities.
Step 04
Review and Optimisation
Track ageing and exceptions, review service performance and improve the process as volumes change.
Why SNS Consultancy
A Trusted Financial Partner for Your Business
Clear Separation of Duties:
Approval, processing and payment responsibilities are documented to support stronger financial control.
Flexible Outsourcing:
Choose full accounts payable and receivable services or focused support for specific tasks and periods.
Reliable Reporting:
Ageing, reconciliations and exceptions are presented clearly for management review.
Connected Accounting Support:
AP and AR work can be coordinated with bookkeeping, reporting, inventory and CFO services.
FAQs
What is the difference between accounts payable and accounts receivable?
Accounts payable records amounts the business owes to suppliers. Accounts receivable records amounts customers owe to the business. For example, a supplier bill is payable, while an unpaid sales invoice is receivable.
Are accounts receivable and trade receivables the same?
Trade receivables are amounts due from customers from ordinary sales. Accounts receivable may be used more broadly and can include other receivable balances, depending on the business and reporting structure.
How do you manage accounts payable and receivable?
A good process includes controlled invoice entry, approval rules, accurate allocation, regular reconciliations, ageing reviews, documented follow-up and clear exception reporting.
How do you reconcile accounts payable and receivable?
Payables are reconciled to supplier statements, invoices, payments and the general ledger. Receivables are reconciled to sales invoices, receipts, customer balances and control accounts. Differences should be investigated and documented.
Can I outsource accounts payable and receivable?
Yes. Outsourcing can cover the full process or selected activities such as invoice processing, statement reconciliations, cash allocation, ageing reports and customer follow-up.
Do you act as an accounts payable and receivable manager?
We can provide an outsourced coordination and reporting role under an agreed scope. Final payment authorisation and key commercial decisions remain with your approved internal decision-makers.
Ready to Improve Payables, Receivables and Cash Visibility?
Talk to SNS Accountancy about flexible accounts payable and receivable services for your UK business.
