Accounting Department Action Plan Template

Accounting Department Action Plan Template in Word, Google Docs, PDF, Apple Pages

Download this Accounting Department Action Plan Template Design in Word, Google Docs, PDF, Apple Pages Format. Easily Editable, Printable, Downloadable.

Use Template.net's Accounting Department Action Plan Template, which was Designed Alongside Experts in Accounting, to keep track of all financial-related activities in the company. Describe your Team, which is in charge of coordinating the suggested Action Plan with company's Objectives. Share the Document with your Business Partners and Stakeholders through Email.

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ACCOUNTING DEPARTMENT ACTION PLAN

Objectives

This plan’s objectives are the following:

Reduce accounts receivable by 75% at the end of the year
Improve accounts payable process by May 13, 2023

Team

Amy Ragland
AR Officer
She will manage all the accounts receivable of the company.

Mark Ash
AP Officer
He will handle all payables of the company.

Action Plan

OBJECTIVE 1
Reduce accounts receivable by 75% at the end of the year

ACTION:

Implement upfront fees for the initial consultation
Structure payment plans for clients and automate payment methods for convenience

ASSIGNED TO:

Amy Ragland

END DATE:

December 31, 2023
December 31, 2023

OBJECTIVE 2
Improve accounts payable process by May 13, 2023

ACTION:

Centralize invoice payment and avoid paying on an ad hoc basis
Invest on an expense management software to track every due payment clearly

ASSIGNED TO:

Mark Ash

END DATE:

December 31, 2023
May 13, 2023

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