Our Services
Bank & Credit Card ReconciliationAccurate, Reliable, and Stress Free Financial Clarity
Keep your books aligned and your business audit ready with precise bank and credit card reconciliation services. We compare your internal records with bank statements to catch errors, identify fraud, and ensure your financials truly reflect reality.
Whether you manage a few accounts or several, timely reconciliation helps you spot issues before they become costly problems and builds trust in your numbers.
What’s Included:
✦ Matching transactions to detect duplicates, omissions, or errors
✦ Reconciling multiple bank or credit card accounts
✦ Flagging unauthorized charges or bank errors
✦ Monthly or quarterly reconciliation reports
✦ Integration with QuickBooks, and more
Payroll Processing AssistanceClear guidelines for payroll processing to maintain consistency and accuracy.
Ensure your team is well versed in payroll regulations and software tools to handle payroll tasks efficiently. Provide various levels of payroll services, from basic processing to comprehensive HR solutions, to cater to different client needs. Offering payroll services can attract new clients and provide additional services to existing ones.
Providing accurate and compliant payroll processing builds credibility and strengthens client relationships.
What’s Included:
✦ Standard Operating Procedures
✦ Increased Revenue Streams
✦ Competitive Advantage: Diversifying your services sets you apart from competitors who may only offer reconciliation.
✦ Regularly review aging reports to identify overdue accounts and take timely action.
✦ Choose scalable software with integrated payroll/accounting linkages
Accounts receivable (A/R) managementManaging relationships with suppliers.
Implement systems to monitor outstanding receivables and send automated reminders to customers, encouraging timely payments. Safeguard customer payment information and ensure that all receivables are recorded and reported. Reporting tools to monitor aging receivables, identify delinquent accounts, and assess the effectiveness of collection strategies.
To generate and send invoices promptly, reducing delays.Offer discounts for early payments to encourage prompt settlement of invoices.
What’s Included:
✦ Automating invoice generation and payment tracking.
✦ Offering a digital audit trail for all transactions, enhancing transparency and compliance.
✦ Tools for reconciling accounts receivable, ensuring that records match actual payments received .
✦ Regularly review aging reports to identify overdue accounts and take timely action.
✦ Engage with customers to address payment issues and negotiate payment plans if necessary.
Managing vendor bills and timely paymentsAccurate, Reliable, and Stress Free Bill Processing
✦ Invoice capture & validation: Automated extraction with duplicate detection and error checking.
✦ Due date tracking & reminders: Scheduled alerts for upcoming payments to uphold agreed terms.
✦ Structured approval workflows: Multi level authorizations and role based controls to maintain accuracy
What’s Included:
✦ Selection & criteria alignment: Onboard vendors based on defined standards for quality, risk, and value
✦ Continuous communication: Proactive outreach and transparency on payment statuses
✦ Performance reviews: Semi annual check ins to monitor KPIs like invoice accuracy and lead time
✦ Early payment discounts & DPO monitoring: Optimize Days Payable Outstanding (DPO) to balance liquidity and relationships
✦ Cost savings from early pay discounts and optimized cash flow
Accounts Payable (A/P) ManagementThree way invoice, PO, and receipt reconciliation
Modern accounting platforms offer features that can significantly improve AP processes:
✦ In App Bill Pay Integration with BILL: This integration allows users to pay supplier bills directly within streamlining the payment process and reducing the need for multiple platforms.
✦ QuickBooks Reconciliation Features: QuickBooks provides functionalities to match bank transactions with downloaded data, facilitating accurate reconciliation.
Whether you manage a few accounts or several, timely reconciliation helps you spot issues before they become costly problems and builds trust in your numbers.
What’s Included:
✦ Invoice Processing & Matching:
✦ Vendor Management
✦ Payment Scheduling & Execution
✦ Compliance & Fraud Prevention
✦ Reporting & Analytics
Transaction CategorizationClear, Organized, and Insightful Financial Records
Ensure every dollar is accounted for with accurate transaction categorization. Our service helps you organize your income and expenses by assigning the correct categories, giving you clarity on where your money is coming from—and where it’s going.
Whether you’re preparing for taxes, budgeting, or financial reporting, proper categorization ensures your books stay clean, compliant, and decision ready.
What’s Included:
✦ Classifying income and expenses into appropriate categories
✦ Identifying personal vs. business transactions
✦ Cleaning up uncategorized or misclassified entries
✦ Consistent coding aligned with your chart of accounts
✦ Integration with QuickBooks and other platforms
Ready to Take Control of Your Finances?
Stop stressing over bookkeeping and start focusing on growing your business. Kensation Bookkeeping provides reliable financial organization and accurate record management so you can make confident business decisions every day.