Unreconciled customer and vendor balances can make it difficult to understand what is actually collectible, payable and overdue. CorporateWalla can support businesses with customer and supplier ledger reconciliation, invoice tracking, ageing reports, collection and payment schedules, advance adjustments and working-capital reporting based on the agreed scope and available records.
Accounts receivable management focuses on amounts due from customers, while accounts payable management focuses on amounts owed to suppliers and other vendors.
Effective AR/AP processes connect invoices, credit notes, receipts, payments, advances and ledger balances so management can identify outstanding items and plan collections or payments. Accounting support can improve visibility and controls but cannot guarantee customer recovery or supplier acceptance.
Depending on scope:
Possible areas include:
A customer reconciliation may compare: Invoice Register → Customer Ledger → Credit/Debit Notes → Receipts → Bank → Accounting Books.
Potential differences include:
A balance mismatch should be investigated against source records rather than assumed to be an accounting error.
A supplier reconciliation may compare: Supplier Invoice → Vendor Ledger → Credit/Debit Notes → Payments → Bank → Accounting Books.
Potential differences include:
Supplier confirmation may be used where appropriate and available.
Possible ageing buckets include:
The actual ageing methodology should follow the business's credit terms and reporting policy.
Payables may be analysed by:
A payable ageing report supports payment planning but does not by itself determine which invoices should be paid first.
Management reports may include:
Collection follow-up may be supported through agreed reporting or coordination.
Important: Accounting support cannot guarantee that a customer will pay.
AP reporting may help management plan:
Payment decisions remain with management.
Businesses may have:
These should be investigated and adjusted against supporting records where appropriate.
AR/AP reconciliation can include:
The accounting and tax treatment depends on the underlying transaction and applicable law.
Receivables and payables influence working capital. Possible management reports include:
Working-capital reporting provides visibility but does not guarantee improvement. AR/AP is an input to liquidity planning; see cash flow management and working capital management.
Possible outputs include:
| Report | Purpose |
|---|---|
| Customer ageing | Review receivables |
| Supplier ageing | Review payables |
| Invoice outstanding report | Track individual invoices |
| Collection schedule | Plan expected receipts |
| Payment schedule | Plan expected payments |
| Unallocated receipts report | Identify unmatched collections |
| Unallocated payments report | Identify unmatched payments |
| Customer concentration | Identify collection dependency |
| Supplier concentration | Identify vendor dependency |
| AR/AP movement | Track balance changes |
Potential systems may include:
Specific integrations and automated workflows are confirmed technically before they are relied on.
Businesses may face:
Aged balances should be investigated using source documents and commercial context. Where balances need a one-off cleanup first, see finance data cleanup and reconciliation.
Pricing is scope-based / customised. It may depend on:
Only information necessary for the engagement should be shared.
Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.
Timeline: Quoted on customer and supplier count
Timeline: Quoted on invoice volume and frequency
Timeline: Quoted on entities, reporting and cleanup
Every price above is a professional fee, excluding GST and government charges. 50% on delivery.
AR and AP management is quoted on scope rather than a fixed package fee. The quote depends on the number of customers and suppliers, invoice volume, number of entities and bank accounts, reconciliation frequency, collection and payment reporting requirements and any historical cleanup required.
Identify customers, suppliers, branches, entities and accounting systems.
Obtain invoice registers, ledgers, bank statements, credit/debit notes and ageing reports.
Match invoices, receipts, advances and adjustments.
Match invoices, payments, advances and adjustments.
Identify old, unmatched or unusual balances.
Prepare customer and supplier ageing reports.
Prepare agreed management schedules.
Update balances and report material changes.
Tell us your requirement, a CA will call you in 30 minutes.
Invoices, credit notes, receipts, advances and bank records matched so outstanding receivables reflect what is actually due.
Supplier invoices, payments, debit/credit notes and advances matched, with supplier confirmation used where appropriate and available.
Customer and supplier ageing, collection schedules and payment schedules prepared to the business's credit terms and reporting policy.
Receivable days, payable days, concentration and ageing movement reporting to support management's collection and payment decisions.
From ₹4,999 • Monthly
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From ₹2,499 • Monthly
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Custom quote • Scope-based
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Custom quote • Scope-based
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From ₹9,999 • Monthly
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Custom quote • Scope-based
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Custom quote • Scope-based
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Custom quote • Scope-based
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