Our Services – Small Business Consulting

Accounts Payable Review

  1. FLA Consultants will review the company’s accounts payable detail to ensure that invoices are recorded in the proper general ledger account and period. Further, we will perform analytics to determine if recurring expenses are reflected, and to determine if any accrual entries for invoices not yet received are required.
  2. We will assist the company in properly utilizing vendor payment terms to ensure the company is maximizing the management of their available cash. If the company has long outstanding payables, we will advise on how to negotiate favorable settlements.
  3. We will perform a periodic vendor analysis to ensure the company is paying competitive prices for goods and services.
  4. We will review the Company’s procedures to ensure that proper controls are in place, including segregation of duties, and will periodically review these controls on site at the Company’s request.

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