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The Top 5 Reasons Why Businesses Consider Outsourced Bookkeeping Services

Accounting Department

Among these tasks, bookkeeping is perhaps one of the most critical yet time-consuming on the list. Keeping financial records organized and up to date is essential for making informed business decisions , yet it can be quite overwhelming, especially if you don't have a background in such an area.

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How Much Does a Bookkeeper Cost

Less Accounting

Even if you are a solopreneur, freelancer, or small business owner, you may need to look into how much a bookkeeper costs and if you are ready to outsource bookkeeping to a professional. There are so many great benefits to hiring a bookkeeper and the good news is that the cost is tax-deductible.

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Law Firms: Should You Outsource Your Bookkeeping?

OSYB

Hiring the wrong person could lead to disastrous results, such as significant errors in your financial records. Then you’re back to the drawing board and trying to find someone else to replace your previous bookkeeper. Why not avoid all of the trials and tribulations of hiring an in-house bookkeeper?

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For Dothan, Ala., company, move to the cloud “a no-brainer”

Remote Quality Bookkeeping

Each Wednesday, Smitherman is delivered a complete, refreshed look at her company’s financial picture, allowing her to pay bills and distribute payroll. There is a level of trust that must be developed when outsourcing a core business functionality to an entity that is 1,300 miles away, as is the case for Smitherman.

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Why Do Entrepreneurs Need Accounting Services?

Remote Quality Bookkeeping

Some of the records an accountant can help entrepreneurs keep up with include: Accounts payable & receivable Business expenses Payroll Sales records & purchase orders Invoices & receipts Employee information Bank statements & tax documents Without accurate financial records, businesses can quickly run into problems.

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For Dothan, Ala., company, move to the cloud “a no-brainer”

Remote Quality Bookkeeping

Each Wednesday, Smitherman is delivered a complete, refreshed look at her company’s financial picture, allowing her to pay bills and distribute payroll. There is a level of trust that must be developed when outsourcing a core business functionality to an entity that is 1,300 miles away, as is the case for Smitherman.

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Outsourced Bookkeeping for CPAs: 8 Options Compared

Future Firm

If you’re a CPA firm looking to outsource your bookkeeping, you’ll want to check out this post on the 7 different options for outsourced bookkeeping for CPAs. Their bookkeeping team is located in the Philippines though I’d say the model more resembles outsourcing rather than offshoring.