Custom Search
isbsolutionsbiz: Back-up Office With IsbSolutions

Wednesday, August 19, 2009

Back-up Office With IsbSolutions

The online bookkeeping system we use (Quickbook) provides our clients with 24/7 access to their books from anywhere. Complete outsourced bookkeeping can be done using this technology. We use paperless document management system where each page sent to us is named and therefore can be searched. There is no need to keep the paper documents once submitted to this system.Based on our clients desires, source documents can be scanned or fax. Our outsourced bookkeeping services provide recording of:

Customer Invoices
Customer Payments
Merchant accounts receipts
Vendor invoices
Vendor payments
Record payroll transactions

Vendor Payments

Vendor invoices are sent to the document management system by faxing or scanning.
The information about any manual checks that are written is also sent to be entered into the books. This system means you maintain control over your cash because you determine who gets paid and when they get paid. We just make sure the books are maintained accurately.

Payroll

We will get reports from your payroll service. The wage and tax information is then entered into your books. The payroll service you use will make all tax filings on time along with the payroll tax payments.

Financial Reports

We will set up the report formats for the ones you need to review. You will be able to look at your financial statements anytime you want. There may be certain reports other than the standard financial statement that you want. We will be able to set those up for you also.

Outsourcing Benefits

The practice of outsourcing, or moving job functions from internal staff outside vendors, has increased dramatically in the past few years. Many of the largest businesses have been outsourcing their back office bookkeeping and accounting functions for some time. This has improved their profitability. Now smaller businesses can do the same due to new technology. The practice of outsourcing improves efficiency, cuts cost and frees resouces up to concentrate core competencies. Businesses that use outsources accounting services with online bookkeeper save cost while freeing up management time.In-house bookkeeper are expensive when all of the overhead cost are taken into consideration. These include payroll taxes, workers compensation, medical, insurance, as well as vacation, holidays and sick days. With a time bookkeeper, critical thing that need to be done on the days off has to wait.A business manager needs to focus on the core business - working with customers. Recruiting, hiring, training and managing a bookkeeper is a time consuming for the manager. Some business managers try to do the bookkeeping themselves and that is an even bigger mistake. Growing the business is much more important than trying to do accounting. Outsourcing function to a company that provides online bookkeeper service with dividents. The speed and accessibility of the internet makes it possible for small business accounting services to include online bookkeepers. The procedures that are used to do the outsourced bookkeeping are as timely as doing in house. Using accountants online instead of bookkeeper in-house will probably result in more accuracy in the books.PricingThere are many costs associated with maintaining in-house staff. Our outsourced bookkeeping services will reduce overhead. The cost savings probaby exceed 40% and you will probably see higher quality bookkeeping and financial reporting. A good set of books is an integral management that all business need.

ISB Solutions' outsourced bookkeeping services using the Quickbook are based on the volume of transactions.

No comments:

Post a Comment