Our Services
Finance as a Service.
A structured, end-to-end finance function you can plug into your business — Accounts Payable, Accounts Receivable, General Ledger Accounting, FP&A, Accounting Compliance, and Financial Reporting.
Six connected finance workflows, run end to end. Choose one to see exactly how Apexcel handles it, step by step.
Accounts Receivable
Our AR Process
A structured collections cycle that keeps cash moving — from credit approval through reconciliation.
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1
Credit Approval
Check a customer's credit history and set safe payment terms before fulfilling an order.
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2
Invoice Creation & Delivery
Send a clear, accurate invoice detailing the purchase amount and payment due date (e.g., Net 30).
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3
Recording the Transaction
Log the invoice as a short-term current asset in your general ledger.
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4
Payment Tracking & Monitoring
Use aging reports to track open invoices and spot past-due accounts.
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5
Collections & Follow-ups
Send automated or manual reminders to customers as payment deadlines approach or pass.
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6
Dispute Resolution
Fix billing errors or order issues quickly to prevent further payment delays.
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7
Cash Application
Match incoming payments (via ACH, wire, check, or card) to the correct open invoices.
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8
Reconciliation & Reporting
Balance the AR records against bank deposits and generate performance reports.
Accounts Payable
Our AP Process
A controlled purchase-to-pay cycle that keeps vendor payments accurate, approved, and audit-ready.
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1
Purchase Requisition and Order (PO)
A department requests goods or services, and a formal PO is issued to the vendor detailing quantities, pricing, and delivery terms.
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2
Receipt of Goods
The vendor delivers the items or completes the service, and a receiving report confirms the order is fulfilled.
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3
Invoice Receipt and Capture
The vendor sends an invoice. The AP team captures the data via email, mail, or a digital portal.
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4
Invoice Validation and Matching
The team performs a three-way match, comparing the vendor invoice, purchase order, and receiving report to verify accuracy.
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5
Coding
The invoice is assigned the correct general ledger (GL) accounts and cost centers.
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6
Approval Workflow
The invoice routes to designated internal stakeholders based on company spending thresholds.
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7
Payment Execution
Approved bills are paid using methods like ACH transfers, wire transfers, corporate cards, or checks according to vendor terms.
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8
Reconciliation and Recordkeeping
Payments are logged in the general ledger and reconciled with financial systems to maintain audit readiness.
General Ledger Accounting
General Ledger Accounting Process
The system of record behind every financial statement — kept accurate, balanced, and reconciled.
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1
Identify and Analyze Transactions
Review source documents like invoices, receipts, and bank statements to determine which accounts are affected.
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2
Record in Journals
Enter transactions chronologically into a journal using the double-entry method, ensuring that debits equal credits.
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3
Post to the General Ledger
Transfer the journal entries into the appropriate master ledger accounts categorized by assets, liabilities, equity, revenue, and expenses.
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4
Calculate Balances and Prepare a Trial Balance
Compute the net running total for each account and list them to confirm that total debits equal total credits.
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5
Reconcile and Adjust
Compare GL balances against independent records or sub-ledgers, record adjusting entries for accruals, and close out the period.
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6
Generate Financial Statements
Use the final adjusted data to create core reports like the balance sheet and income statement.
FP&A
FP&A Process
Turning financial data into the forecasts and decisions that drive the business forward.
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1
Data Collection and Consolidation
Gathering financial and operational metrics from enterprise systems like ERP or CRM into a single source of truth.
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2
Budgeting
Creating a fixed or rolling tactical financial plan that allocates expense budgets and sets revenue targets for each department.
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3
Forecasting
Using historical data, economic indicators, and market trends to project future revenues, cash flows, and profitability over short- or long-term horizons.
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4
Variance Analysis
Comparing actual financial results against budgeted expectations or past forecasts to explain what happened, why it happened, and what it means for the business.
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5
Scenario Modeling
Evaluating alternative financial outcomes and simulations under different market conditions or strategic choices.
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6
Performance Reporting
Communicating actionable insights and financial narratives to executive leadership via dashboards and business reviews.
Accounting Compliance
Accounting Compliance
Keeping the books accurate, controlled, and ready for audit at every close.
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1
Record and Categorize Transactions
Log every sale, expense, and liability accurately in the general ledger with proper documentation like invoices or receipts.
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2
Reconcile Accounts
Match internal ledger balances with external bank statements and source documents regularly.
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3
Adjust Entries and Prepare Statements
Post period-end accruals, depreciation, and provisions, then generate the balance sheet, income statement, and cash flow statement.
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4
Ensure Tax Compliance
Calculate, file, and pay corporate taxes, GST/VAT, and payroll taxes on time.
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5
Maintain Internal Controls
Enforce separation of duties and approval workflows to prevent fraud and errors.
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6
Conduct Audits
Prepare audit-ready documentation and undergo internal or external compliance reviews.
Financial Reporting
Financial Reporting
Clear, standards-aligned reporting that gives leadership and auditors a true picture of the business.
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1
Data Collection
Gather daily transaction records, receipts, invoices, and bank statements.
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2
Recording and Classification
Enter transactions into the general ledger and group them into assets, liabilities, revenue, and expenses.
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3
Reconciliation and Adjustments
Match accounts, log accruals, and account for depreciation during the accounting close.
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4
Financial Statement Preparation
Generate core reports, including the income statement, balance sheet, and cash flow statement.
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5
Analysis and Review
Evaluate financial metrics, trends, and key performance indicators (KPIs) against standards like GAAP or IFRS.
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6
Auditing and Disclosure
Submit reports to independent auditors, executives, and regulatory bodies like the SEC.
