Accounts Receivable Function

• Issue and deliver invoices to customers
• Reconcile payment received from customers
• Issue and deliver statement of accounts to customers
• Follow up with customers on outstanding invoices

Accounts Payable Function

• Enter supplier invoices’ data into ERP system
• Reconcile suppliers’ statement to invoices received
• Reconcile supplier invoices paid to bank statement
• Process invoices for payment approval
• Initiate bank payments for approval