Accounts Payable &
Receivable Management

Late bills cost you relationships; unpaid invoices cost you cash. ATS manages both sides — capturing and scheduling what you owe and invoicing and collecting what you’re owed — so your suppliers stay happy, your cash comes in faster, and you keep control of every payment.

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Quick Answer

Who manages accounts payable and receivable for a business? Your bookkeeper or accounting team captures supplier bills and schedules them for payment (AP), and issues invoices and follows up on what customers owe (AR). ATS manages both for Québec and Canada-wide businesses — you keep authority over your bank and final payment approval, while we handle the capture, scheduling, invoicing, collections follow-up, and reporting.

Both Sides of Your Cash Flow, Managed

Money going out and money coming in are two halves of the same problem: cash flow. When bills pile up unpaid or invoices go uncollected, it shows up as stress and shortfalls even in a profitable business. ATS takes over the process on both sides — organized, scheduled, and reconciled to your books — so you can see and control your cash instead of chasing it.

Who Needs AP/AR Management

If bills and invoices are slipping through the cracks, this helps.

Businesses paying suppliers late or twice

Owners spending hours chasing unpaid invoices

Companies with no clear view of what they owe or are owed

Teams that need approvals and controls on payments

Growing businesses with rising bill and invoice volume

Anyone whose cash flow feels tighter than their profit

What Our AP/AR Service Covers

The full payables and receivables cycle — with you in control of the money.

Bill Capture & Coding We collect supplier bills, code them to the right accounts, and keep vendor records clean and complete.

Payment Scheduling We schedule bills for payment and prepare them for your approval — you authorize; nothing is paid late or twice.

Approval Workflow Clear approval steps so the right person signs off before any payment goes out, with a record of who approved what.

Invoicing We prepare and send your customer invoices promptly and accurately, so billing never slips.

Collections Follow-Up We track what’s outstanding and follow up on overdue accounts with reminders, so receivables come in faster.

AP & AR Aging Reports Clear period reports show what you owe, what’s owed to you, and what’s overdue — at a glance.

Vendor & Customer Records Clean, up-to-date supplier and customer records, reconciled to your books.

Cash-Flow Visibility Payables and receivables feed straight into your cash-flow picture so you can plan, not guess.

This page is general information, not accounting advice for your specific situation. You retain control of your bank accounts and payment authorizations — book a free consultation to set up the right controls.

How AP/AR Management Works

Set up the controls once, then a steady, reconciled cycle.

Step 01

Free Consultation

We review your current payables and receivables and where money and time are leaking.

Step 02

Set Up Workflows

We put approval steps, schedules, and invoicing routines in place inside QuickBooks or Xero.

Step 03

Run the Cycle

We capture and schedule bills, send invoices, and follow up on collections — you approve payments.

Step 04

Reconcile & Report

AP/AR is reconciled to your books and you get aging reports and a clear cash-flow view each period.

Why Trust ATS With AP/AR

Payables and receivables touch your money directly, so they belong with a firm you can trust. ATS is a licensed CPA firm, a member of the Ordre des CPA du Québec, bilingual and Montréal-based, serving businesses across Canada. We build clear approval controls so you keep authority over every dollar, and because AP/AR is reconciled into your books by the same CPA-led team, your cash flow and year-end always tie out.

AP/AR is part of a complete finance function: monthly bookkeeping, our full back-office service, cash-flow forecasting, and cloud accounting. Préférez le français ? Voir comptes fournisseurs et clients.

AP/AR, Built Into Your Plan

AP/AR management is usually part of your monthly bookkeeping or back-office plan, scoped to your bill and invoice volume. You’ll know the price before we start.

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AP/AR FAQs

Common Questions About Accounts Payable & Receivable

What is AP/AR management?

AP (accounts payable) is money you owe suppliers; AR (accounts receivable) is money customers owe you. Managing both means capturing and scheduling bills for payment, sending invoices, and following up on what’s owed — so nothing is late and cash keeps moving.

Do you pay my bills for me?

We capture, code, and organize your bills and prepare them for payment on a schedule — but you keep control of your bank and give final approval. We handle the preparation, tracking, and records; you authorize the actual payment.

Can you chase overdue invoices?

Yes. We send your invoices, track what’s outstanding, and follow up on overdue accounts with reminders, so receivables get collected faster without you making the awkward calls.

Will I see who owes what?

Yes. You get clear AP and AR aging reports every period, so you always know what you owe, what’s owed to you, and what’s overdue.

Is AP/AR separate from bookkeeping?

It’s part of the same cycle. AP/AR flows straight into your bookkeeping and cash-flow picture, which is why it works best handled by the same CPA-led team.

Accounts Payable &Receivable Management