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ACCOUNTS PAYABLE AND RECEIVABLE

When most people think of accounting, they are actually thinking of Accounts Payable and Receivable. This is the actual tracking of the money moving into and out of your business account. It is the invoices you receive, the checks you write, and the bills you’ve paid.

Part of our job as accountants is to help make sure your account payables, which are liabilities, do not accumulate a total greater than your account receivables, which are assets.

MedCity Consulting offers both Accounts Payable and Accounts Receivable services for small businesses in the Rochester area. What that means is that you can spend more time handling the ins and outs of your business, instead of puzzling over the ins and outs of your bank account.