International Business Environments and Operations 16th Global Edition test b...
Outsourced bookkeeping services
1. Online Outsourced Bookkeeping Services: Three Options to Use Them
Some people mistakenly think that they could grow
their businesses alone. In reality working alone to grow
and expand your business is not possible. As the
company expands because of increased customers,
additional responsibilities will crop up. In addition,
keeping books will no longer be a quick and simple
task. It will be lengthy, difficult and tiresome. This is
why outsourced bookkeeping services could make
sense to you. Instead of waiting for your small
organization to grow financially to employ a
bookkeeper, use part of your running capital to farm
out your books.
Providers of outsourced bookkeeping services are available in the USA. A portion of them have
managed to open subsidiaries in more than one state. They have hundreds of accountants and
bookkeepers scattered in different states. Additionally, reliable sellers of outsourced
bookkeeping services have official websites. They rigorously promote their websites to make
sure that a prospective customer finds them easily when surfing the internet. Online bookkeepers
are very fast and reliable. They cannot also be compared to one or two professionals in your
office with regard to problem-solving skills.
These internet-based experts get exposed to books of businesses from different industries or
sectors. So their problem-solving skills are sharpened and improved every day. Besides, when a
technical issue arises, they can work on it as a team unlike your in-house professional who is
alone and cannot consult. Another point to note is that outsourced bookkeeping services can be
personalized to suit your needs. Perhaps you have old books with errors that you want corrected
first. Maybe you have one month bulks of books that should be updated fast. The important thing
is to tell your contractor about your aims and goals.
If you have never bought outsourced bookkeeping services previously, especially from an online
accounting firm, the process is simple. The first option is called server based bookkeeping. It
entails the following:
Scan the source books/documents and upload them to a server using your PC. Documents
could be faxed for free as well.
Your service provider finds uploaded documents. With accounting software of your
choice, they update those documents at once.
Updated books are them stored on an encrypted server for safety reasons.
You come online and download the updated books from the server to your computer.
Option two entails PC based bookkeeping. A few simple steps are enumerated as shown below.
Scan your source documents and upload them to an encrypted server and log out.
2. The documents are assigned to a team of bookkeepers especially if they are in bulk. They
connect directly to your PC via a distant desktop access software program. A secure
Virtual Private Network is commonly used.
With accounting software, they update your books on your computer so that you do not
have to download them.
The last option, internet-based or hosted bookkeeping, is the most commonly offered by
providers of outsourced bookkeeping services. It includes:
You are given an accounting software program of your choice. Hence you simply scan
and upload your source documents to a server. Documents can be faxed for free as well.
The assigned bookkeeper opens your internet accounting software account and updates
your books with it.
You logon your online accounting software account the next morning and view the status
of your books.