Clear customer balances
Bring invoices, receipts and credit notes together so the outstanding position can be reviewed.
Connect invoices with cash received
Accounts Receivable Management
Accounts receivable management means tracking every invoice you have sent until it is paid. We keep an aging list of who owes what, run a regular reminder routine, plan the HST on open invoices and deal properly with balances that will never be collected.
Brampton · GTA · Virtual support across Canada
How it works
Getting paid on time, step by step.
Exactly what happens after you get in touch, starting with one 15-minute call.
- Today
Book 15 minutes
A free, no-obligation 15-minute call on Teams or at our office at 181 Queen St E, Brampton.
- The call
See where money is stuck
We look at how you invoice, how clients pay and what is overdue.
- Set-up
Aging list and reminders
Every open invoice listed by age, with a regular reminder routine you approve.
- Ongoing
HST and bad debts handled
We show the HST on open invoices and record write-offs correctly for balances that will never be paid.
- Your move
Ready when you are
Pick a 15-minute slot that suits you. We confirm the time and scope with you directly.
Your starting point
Your customer accounts need a clear view of invoices, receipts, credits and amounts awaiting payment.
How we help
We maintain customer records, prepare invoices from approved information, match receipts and reconcile balances. Detailed aging and agreed reminder support help your team identify the accounts requiring attention.
What you can expect
A clear receivables report, with unmatched payments, disputed items and follow-up priorities identified.
THE DETAIL BEHIND THE WORK
More than a task.
A clearer position.
Recording a sale and collecting its payment are different events. An organized receivables process shows which invoices are outstanding, where credits or receipts have not been matched and which balances need a conversation with the customer.
Who this is for. For businesses with growing invoice volumes, overdue balances, unmatched deposits or limited visibility over expected receipts.
Consistent follow-up
Prioritize overdue items and agree an appropriate reminder process with the business owner.
Better cash visibility
Use aging reports and payment information to support working-capital discussions.
THE WORK, EXPLAINED
What is included
- Customer-invoice and account review
- Receipt matching and payment-allocation checks
- Accounts receivable reconciliation
- Aged receivables and outstanding-balance reporting
- Review of credit notes, disputes and unapplied receipts
- Payment-reminder coordination within the agreed scope
- Payment-trend and working-capital reporting
- Process improvements for invoicing and follow-up
Scope details to confirm
- Approved invoicing, customer statements and allocation of receipts
- Account reconciliation, detailed and summary aging
- Unapplied receipts, credits and disputed balances
- Approved reminder workflows and collection priorities
- Commercial decisions and authority for customer communications assigned to the appropriate person
The exact work, timing and deliverables are confirmed in your engagement. A service listed here is not automatically included in every package.
HOW WE WORK TOGETHER
A clear process, from the start.
- 01
Review the starting point
We discuss the business, the relevant period or decision, your records and any upcoming deadlines.
- 02
Agree the scope
We set out the proposed work, information needed, responsibilities and fees before starting.
- 03
Complete and explain
We work through the agreed tasks, explain findings and keep unresolved questions visible.
- 04
Plan the follow-up
We identify the next action and, where relevant, ongoing reporting or review needs.
Accounts receivable
A sale isn't finished until the money is in the bank.
Common problems with getting paid, and how we help with each one.
-
The problem
You don't know who owes you what.
Invoices sit in different places, so overdue ones go unnoticed.
The solutionAn up-to-date aging list
We keep a list of every open invoice by age, so you can see who to call this week.
-
The problem
Reminders go out late or not at all.
The longer an invoice is overdue, the harder it is to collect.
The solutionA reminder routine
We set up a regular reminder schedule and keep notes of each follow-up.
-
The problem
You pay HST on invoices the client hasn't paid.
GST/HST is generally reported when you invoice, not when you are paid.
The solutionCash and HST planned together
We show the HST owing on your open invoices, so the return doesn't surprise you.
-
The problem
Some invoices will never be paid.
Old balances make your books and your profit look better than they are.
The solutionBad debts dealt with properly
We review old balances with you and record write-offs correctly for tax.
Related services
Why owners trust Wealthy Wave Accounting
- Led by Chirag Kalra, Chartered Accountant (ICAI, India), with more than 12 years in accounting and tax
- Plain-language answers about your own numbers, with no jargon
- Bookkeeping, payroll, HST and corporate tax handled by one team
- We never ask for SINs, banking details or tax documents by text or WhatsApp
- A real office at 181 Queen St E, Unit 5, Brampton, with virtual support across Canada
Why start this month?
The oldest invoices are the hardest to collect. A first aging list shows quickly where the money is stuck.
- Pick a time. 15 or 30 minutes, on Teams or at our Brampton office.
- We look at it with you. How you invoice, how clients pay and what is overdue.
- You decide. The call comes with no obligation.
Prefer to write first? Send an enquiry. Or call (647) 606-1824.
General information only. Tax advice is given within an engagement, based on your own records.
ANSWERS BEFORE YOU START
Common questions.
Have a question about your own situation? Let’s discuss it.
Do you guarantee customers will pay?
No. Better records and follow-up improve visibility, but they do not guarantee collection or customer payment timing.
Will you contact customers without approval?
Customer communications must follow the scope and authority agreed with you, including tone, timing and escalation.
Is this debt collection or legal enforcement?
This page describes accounting and administrative receivables support. Disputed debts or legal enforcement may require an appropriately qualified specialist.
A PRACTICAL NEXT STEP
Talk to us before
the deadline.
Share the service you need, your business type and any upcoming deadline. We’ll discuss the records, scope and next steps before work begins.
Call (647) 606-1824 Message on WhatsApp ↗chirag@wealthywaveaccounting.caThese links open your phone, email or WhatsApp app. Please don’t send tax returns, passwords, SINs or banking details in an initial enquiry.