If outsourcing your bookkeeping was a 2018 resolution then this is the perfect article and infographic for you! When researching a company to outsource your business bookkeeping functions it is imperative that they have an understanding of what you as a company want to achieve.
Here are the questions you should ask.
Here are what the answers should be from a reputable firm that offers these services.
#1 No. You maintain 100% control of all your financials. Outsourcing simply takes care of the bookkeeping.
#2 A Chief BooXkeeping Officer should be assigned to your account. This person will work on your account, master your unique processes, and be responsible for day to day servicing of your account.
#3 In general, costs are based on the complexity and volume of each client. The firm determines the scope of services and establishes a monthly amount, so you can manage your budget.
#4 Xero, QuickBooks, QuickBooks Online, NetSuite, AccountingSuite, and Sage should be just a few.
#5 Outsourcing only performs bookkeeping services. Since they do not perform attest or tax services, your CPA does not need to be worried that they are there to replace them.
#6 Yes, they should provide unlimited communication and integration with the company’s CPA or tax advisor.
#7 No. Only with your company’s express permission, this includes your CPA, advisors and specific employees. Restrictions should also be an option so that certain functions can be limited to those you do allow access.
#8 That depends on you. You can request Onshore or offshore services depending on affordability.
If one of your resolutions was outsource bookkeeping for 2018 click here and start saving time, money and any frustrations today! It’ll be the best thing you ever did for your business, yourself, and your family.
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