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Outsourced Online Bookkeeping
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Outsourced Online Bookkeeping


Outsourcing Defined

 

What is “outsourced,” online bookkeeping?

Accountants Virtual Services, Inc. (AVS) uses the power of the Internet to provide our clients with online bookkeeping services.  The technical term for this service is an ASP or Application Service Provider.  An ASP allows companies like yours to rent software (like QuickBooks ®) that is updated and maintained by the service provider.  By using the services of an ASP, your company will experience the convenience of 24/7 access to information on a secure network server, anywhere there is an Internet connection.

 

The trend today for many employers is to outsource any function of business that is not directly related to the generation of income.  But what exactly is outsourcing?

Simply put, outsourcing is the long term contracting of a company’s business processes to an outside service provider, helping to increase shareholder value by reducing the costs of non-core functions.

Of course, outsourcing is not a new concept.  For years companies have outsourced their legal, advertising, printing, and computer services so they could benefit from professional expertise without substantially increasing overhead.

 

Outsourcing Your Accounting Is a Positive Idea for Your Business If Any of the Following Applies to Your Current Situation

  • You are spending too much time managing your books and not enough time growing or running your business.
  • You find that you are cutting corners, or you are uncomfortable with your accounting because it is too time consuming, or you do not really understand how to do some of it.
  • You want professional grade accounting but either cannot afford or simply do not have the need for a full time accounting person or department.
  • You have a basic understanding of financial reports, so that you can stay informed about your business on an “at-a-glance” basis.
  • You are not afraid to ask questions if you notice things on financial statements that you do not understand.
  • You want the flexibility to examine your accounts whenever and wherever you’d like, combined with the peace of mind that your books are being maintained by dedicated professionals.

 

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Outsourcing Benefits

 

Outsourcing is Cost Effective

  • Employing a bookkeeper in-house can be expensive.  That cost is not just comprised of salary, but the other direct costs such as employer payroll taxes, worker’s compensation, medical insurance, retirement plans, and other benefits.  Additionally, there are employee vacation and sick days to consider as well.  And don’t forget the time and expense involved to place classified ads, as well as interview, screen, test, and train an employee.  Out fees to provide superior service to your company are quite competitive by comparison; we also provide flexibility in adjusting the level of service to meet the seasonal needs of your business.

 

Outsourcing Reduces your Year-End Work and Fees

  • Since we maintain your general ledger and subsidiary schedules as part of the ongoing recording of data and preparation of documents, your year-end work can be significantly reduced.  That translates into lower accounting fees and faster turnaround time in preparing tax returns and financial statements.

 

Complimentary Proposal

  • For a free, no-obligation proposal, please contact us.  We will be glad to help show you the services you can get and the savings you can achieve by outsourcing your bookkeeping with AVS.

 

 

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Outsourcing is Cost Effective

Employing a bookkeeper in-house can be expensive.  That cost is not just comprised of salary, but the other direct costs such as employer payroll taxes, worker’s compensation, medical insurance, retirement plans, and other benefits.  Additionally, there are employee vacation and sick days to consider as well.  And don’t forget the time and expense involved to place classified ads, as well as interview, screen, test, and train an employee.  Out fees to provide superior service to your company are quite competitive by comparison; we also provide flexibility in adjusting the level of service to meet the seasonal needs of your business.
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