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Understanding the Balance Sheet in QuickBooks Online (Tutorial)

Benefits of Outsourcing Your Accounting

Outsourcing Your Accounting Service functions to our Accountants has many benefits. Some of which include: 1) Cost reduction: The most apparent benefit of outsourcing accounting services to an accounting firm is the reduction in personnel-related costs – recruitment, salaries, benefits, office space, and other costs synonymous with staff. A number of businesses that outsource their business functions reported at least a 30% reduction in business costs without a decrease in productivity. 2) Quality of Work: Accountants thrive on reputation and to build their business they must offer a quality service. Businesses that outsource their accounting services benefit from a competitive market where firms must provide exceptional services to retain their clients. 3) Focus on core areas: Outsourcing allows a business to focus on the core business functions which can boost productivity and accelerate innovation: Helps you focus and maintain a competitive edge. Accounting firms endeavor to stay at the cutting edge by investing in advanced accounting systems and techniques for the benefit of their clients. Rather than invest heavily in a new accounting system and staff training, organizations now prefer to outsource these services to benefit from these new technology developments. 4) Pool of Expertise: Businesses tend to benefit from a pool of experts and a sustainable source of professional accountants. Reputable accounting firms recruit exceptional and qualified personnel to ensure they deliver on their service contracts and retain the loyalty of their clients. Companies that outsource their accounting services benefit from such expertise without the added cost of recruiting top-level staff. 5) Faster Turnaround: Accountants operate based on targets and deadlines. They know the in and out of tax deadlines and other legal requirements, so they aim to file records on time by providing a quick turnaround service to their clients.

Frequently asked questions

We service all size businesses; however, our main focus is on SMBs (Small to Midsize Businesses).

They vary depending on the size of the business and the complexity of the services you need performed. Basic packages for small business start at flat monthly rate of $150

A bookkeeper does the monthly general ledger transaction maintenance whereas an accountant is responsible for the reviewing and analyzing of the financial statements. With our firm, you get the best of both worlds! We take care of the monthly general ledger maintenance as well as review and analyze your financial statements. With 30+ years of accounting experience and master’s degrees in accounting, We give you the peace of mind that your books are being cared for in the right way.

No, with clean-up and/or catch-up add on services, our team of specialists will set up your industry-specific general ledger in the cloud-based accounting solution that best fits your company’s needs.

When It comes to the maintenance of your books and financials, it is important that they are accurate, in compliance with Generally Accepted Accounting Principles (GAAP) and are being maintained frequently. Unless you have taken at least two or three bookkeeping classes, you probably will not have the expertise. And the cost of fixing a set of books done incorrectly usually cost more than if it had been done right to start with.

Yes. Our fees are billed every 30 days. All you must do is notify us in advance of the next billing cycle. We will return any original documents belonging to you, along with the work done to date. There are no cancelation or hidden fees. We put it all in writing.

Yes. We prepare all types of income taxes. Federal and State, Individual, Corporate and Not-For-Profit. We also prepare payroll, sales & use tax & intangible tax returns as well. We will provide you with a list off all your tax compliance requirements and fees associated with them in advance.

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Outsourcing your Accounting Service functions to our Accountants has many benefits
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