Accounts Payable & Receivable
Invoice management, collections follow-up, and cash flow optimisation
Why Choose This
Cash flow is the lifeblood of every business, and it starts with managing what you owe and what you are owed. WeSaveTax's Accounts Payable and Receivable service handles customer invoicing, vendor bill processing, collections follow-up, and payment reconciliation โ so your cash flow stays healthy, your vendors are paid on time, and your customers pay promptly. We also track 1099-reportable payments throughout the year so year-end compliance is seamless.
Invoice Management
We create and send professional invoices to your customers on your behalf โ on schedule, with correct terms, and proper categorisation. Recurring invoices are automated so nothing falls through the cracks.
Collections Follow-Up
Overdue invoices are followed up systematically โ reminder emails at 30, 60, and 90 days past due. We escalate persistent non-payers per your instructions while maintaining professional relationships with your customers.
Vendor Bill Management
Incoming vendor bills are recorded, matched to purchase orders where applicable, and queued for your approval. We ensure bills are paid on time to capture early payment discounts and avoid late fees.
1099 Tracking
We track all payments to contractors and vendors that meet the 1099 reporting threshold throughout the year. At year-end, we prepare and file 1099-NEC and 1099-MISC forms so you stay IRS-compliant.
How It Works
From first consultation to final delivery โ fully managed by qualified Tax Professionals.
Step 01 โ Setup AP/AR Workflow
Configure your invoicing and bill payment processes
We review your current AP/AR processes, set up workflows in your accounting software, configure invoice templates, establish payment terms, and create an aging report structure. Customer and vendor records are cleaned up and organised.
Feature Deep Dive
Everything you need for seamless compliance
Customer Invoicing
Professional invoices created and sent on your behalf โ one-time or recurring. We handle invoice numbering, terms, line items, tax calculations, and delivery. Payment receipts are recorded and applied to the correct invoices automatically.
AR Aging & Collections
Real-time AR aging report showing current, 30-day, 60-day, and 90+ day outstanding invoices. Systematic follow-up at each aging bucket with escalation protocols. We reduce your average collection period and improve cash flow predictability.
Vendor Bill Management
Incoming bills are recorded, coded to the correct expense category, matched to purchase orders where applicable, and queued for your approval. We track payment terms and ensure you capture early payment discounts while avoiding late fees.
1099 Preparation
Throughout the year, we track payments to all contractors and vendors that exceed the $600 threshold. At year-end, we prepare 1099-NEC forms for contractors and 1099-MISC for other reportable payments, and file them with the IRS on your behalf.
WeSaveTax vs Others
See how we compare on what matters most
| Feature | WeSaveTax | Freelancer | DIY / Self |
|---|---|---|---|
| Customer Invoicing | Included | Self | Included |
| AR Follow-Up | Systematic | Ad-hoc | Basic |
| AP Processing | Included | Self | Included |
| 1099 Tracking & Filing | Included | Separate | Extra Cost |
| Monthly Reconciliation | Included | Self | Included |
| Pricing | From $399/mo | In-house cost | $600+/mo |
What Our Customers Say
Join thousands of happy taxpayers across India
โOur AR aging was a mess โ over $80K in 90+ day receivables. WeSaveTax implemented a systematic collections process and brought that down to under $15K in three months. The weekly follow-ups are professional and effective.โ
Brian Thompson
Seattle, WA
โManaging vendor bills and customer invoices was eating up 20 hours a week of my time. WeSaveTax took over the entire AP/AR process and I get a clean report every month. The 1099 tracking at year-end was a huge bonus.โ
Maria Santos
Houston, TX
โWe have about 50 active vendors and 200 customers. WeSaveTax handles all the invoicing, bill processing, and collections. Our cash flow visibility has improved significantly and we never miss early payment discounts anymore.โ
Tom Richardson
Phoenix, AZ
Frequently Asked Questions
Quick answers to common questions
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