By establishing accounting policies and procedures, the accounting systems become part of the corporate IP and operate independently of individual staff members.
Check writing is one of the easiest to manage, and one of the most critical since it often has the greatest room for error and, potentially, fraud. We recommend that our clients keep close control over their check books with strict rules and protocols about payables and receivables.
Making working relationships work is largely a matter of getting the parties involved to feel empowered and respected, and working toward a common goal.
Starting out with a common set of protocols makes the accounting process efficient and manageable for all concerned.