First Neighbor Tax & Accounting –
Accounts Payable / Accounts Receivable

Accounts Payable


  • Input vendor invoices
  • Classify invoices in proper G/L account
  • Prepare and file required 1099 forms
  • Cut checks to vendors based on client instruction
  • Reconcile vendor statements with G/L
  • Analysis of payable items and consultation regarding cash requirements

 

 

Accounts Receivable


  • Billings prepared and mailed
  • Record and account for revenue in proper G/L accounts
  • Prepare and deliver statements to customers
  • Issue client approved credit memos and refund checks
  • Maintain subsidiary ledger of accounts receivable
  • Apply cash received to customer accounts

Tax and accounting services are not FDIC insured.