Bookkeeping is often a tedious but nevertheless important aspect of both small and medium sized businesses. In order to reduce overheads, costs and the effort of managing an entire accounting department, companies are now looking towards India as an alternative for all their bookkeeping needs. Outsourcing your accounting, tax preparation and day to day bookkeeping to India will prove to be extremely advantageous since:
- Outsourcing of bookkeeping services to India works out to be extremely cost effective. Statistics show that companies can save up to 40% when compared to hiring a full time bookkeeper.
- Outsourcing will get you experienced and trained accountants and bookkeepers. Companies can opt for a full time or part time bookkeeper depending on the volume of work.
- Outsourcing reduces your year-end work and fees, since the general ledger and subsidiary schedules are maintained as part of the ongoing recording of data and preparation of documents.
- Outsourcing companies provide secure FTP networks to transfer data. This ensures that you have no worries regarding data security.
- Outsourcing provides fast and reliable services. When you choose an online accounting service the service provider works on the books during the same night and uploads the books onto a server or sends them to the client via email by the next morning.
- Outsourcing companies ensure a 100% accuracy rate in accounting and bookkeeping by employing stringent quality checks.
- Outsourcing enables the use of up-to-date software for accounting and tax preparation.
- Outsourcing service providers provide customized online bookkeeping processes, namely, Server Based (FTP) Bookkeeping Process, Remote Access Bookkeeping Process and Application Service Provider (ASP) Bookkeeping Process.
- Outsourcing of bookkeeping services allows you to choose between single entry, double entry and online bookkeeping.
- Outsourcing provides hassle free and complete bookkeeping services including the preparation of checks.
