In every business, there is always a time when payments are not received on time or are inaccurate. When there is a proficient accounts receivable system, there will be no time, money or resources wasted. If there should be a change in the overall efficiency of your accounts receivable system.
As the year end approaches most business owners get tensed up thinking of getting their account books in order. Of course, it is important to keep up on your books, though you can do it bit by bit on a daily basis. Here is a complete checklist for virtual bookkeeping: