OPEN TERMSOPEN TERMS BUSINESS PARTNER · RECOMMENDED REPORTING TOOL
A closer look at the numbers
behind a business purchase.
Thinking about buying a business? Discuss BAPT-PAY’s read-only ledger diagnostics as an additional reporting step alongside your accountant’s wider acquisition review.
What the published service reviews
BAPT-PAY reviews available Xero invoice-header history and recorded payment and credit information. It can flag unpaid or part-paid balances, possible duplicates, credits to check, unallocated payments or overpayments, and gaps in an established billing pattern.
A BAPT-PAY analyst reviews candidates before the business’s accounting team verifies the evidence. A flagged pattern is a question to investigate, not confirmation of a debt, fraud or recoverable value.
QUESTIONS FOR A BUSINESS BUYER
Use the findings to guide further investigation.
Which recorded balances need checking?
Ask the seller and your accountant to explain aged and part-paid invoices, disputed amounts and whether balances are supported by evidence.
Are payments and credits allocated correctly?
Use any flagged candidate to request clarification. A possible duplicate or allocation issue needs verification before it affects your view of the accounts.
What should the wider review cover?
Your acquisition advisers still need to consider profit quality, liabilities, contracts, staff, tax, ownership and valuation as appropriate to the transaction. This ledger review does not establish those matters.
How to explore a review
- Ask about fit. Describe the proposed purchase and accounting setup to BAPT-PAY. Do not assume a business listing makes its records available.
- Agree permissions and confidentiality. The seller or another properly authorised party must approve any access and sharing. Agree who may receive findings.
- Confirm the scope and fees. Clarify the records available, review period, exclusions, deliverables and timetable directly with BAPT-PAY.
- Authorise access securely. BAPT-PAY’s published connection is read-only. Do not send accounting passwords, banking credentials or business records through OPEN TERMS.
- Verify and discuss the findings. Take the agreed findings to your accountant and other independent advisers before making a purchase decision.
Our partner relationship
BAPT-PAY is presented as an OPEN TERMS business partner and recommended reporting tool. This is a promotional partner recommendation, not an independent comparison or an assurance about a particular business. You choose whether to engage it and should assess suitability with your independent advisers.
OPEN TERMS provides an external link only. We do not automatically send your listing, contact information or accounting records to BAPT-PAY, arrange its access or book a review on your behalf. Its services have their own engagement terms and privacy arrangements.
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