Accounts Payable & Receivable
Buried in invoices and receipts? The Service Admin team can help you sort out the mountain of paperwork and get organised. We will log all your invoices received and manage payments when due. Payment can be made directly by your service or through a trust account managed on your behalf. Whichever way suits your business to ensure Invoice payments are paid on time and the budget is accurate.
Receipts can be issued with ease through our redPAY system. This automatically balances and keeps track of invoices due and paid. Simple.
BAS & Bookkeeping
Our Service Admin team includes a qualified Bookkeeper and BAS Agent. We will help your service to get organised, meet those monthly, quarterly or annual reporting timeframes to ensure you know where your finances are up to, at all times. Need help with Annual Reporting? We can do that too.
Debtor Management List
We generate a list of overdue accounts for you.
Based on our agreement with your service, our Service Admin Team will send follow up emails and make courtesy calls to parents seeking payment.
We can also arrange with parents or guardians to commence an agreed payment plan. Payments collected over the phone will be updated in your software, so records are always updated. Our team will maintain an accurate and reliable log of contact activity related to fee payment and collection activity.
Accounting System
Move over paper ledgers, our Service Admin Team are skilled in MYOB or Xero electronic accounting systems. To ensure all financial transactions can be recorded, we highly recommend all child care businesses electronic bookkeeping management. This improves transparency, security, financial reporting and analysis.