Would you love it if you got bookkeeping services at your rates?

Now this is something a lot of business owners would die for. Bookkeeping is one of those things that really come in the way of having more time for business, at least in the beginning stages. First off, it is assumed to be very simple. It is said to be simple enough that you need not hire a bookkeeper to do the job. This is what gets most business owners into trouble.

It is not as simple as it looks!

The crux of bookkeeping is nothing but recording of expenses and income with documents to back the transactions. It is not rocket science. However, things get complicated when there is software involved. Let’s face it. A lot of us are not software savvy. We are maybe good at many tasks but software could baffle us and leave us struggling. Most of today’s bookkeeping is software based. What’s worse is that popular bookkeeping software is designed for bookkeepers and accountants rather than lay people. Hence if a bookkeeper were to learn the ropes of bookkeeping, he/she is going to have to struggle quite a bit.

Hiring a bookkeeper is not an option for many

This is understandable given that there are obvious budget constraints with small businesses. Also, there are always more urgent expenses to attend to. However, all is not lost with hiring a bookkeeper when you can take up bookkeeping outsourcing services with a credible outsourcing company.

Yes, you read right. There are companies today that offer bookkeeping outsourcing services. It functions like any outsourcing service. You need not worry about the costs and the risks. There are systems in place to assure you that your financial data is safe and in the best hands they could be.

The benefits are immense, the cost savings being the biggest one. Next to that comes flexibility. You are paying the bookkeeper only for the amount of time (hours) they spent on your task.

All in all this is the smartest way to get bookkeeping done on a budget. 

Getting rid of your bookkeeping troubles

Have you ever wondered if your business accounting troubles can be solved?

If you are having trouble maintaining your books of accounts all by yourself, you ought to look for other options. How much longer are you willing to put up with sleepless nights and frustrating calculations? Running a business is certainly challenging – there are important business decisions to be made, clients to meet and so on. Amidst all these tasks, it is tough for you to keep track of your day-to-day business expenses. As your business grows, so do your expenses. It might seem like a daunting task, nevertheless, it is important. Never underestimate the importance of accounts books. Updated books come in handy when you are getting ready for the tax season. If you do a lousy job of bookkeeping, be ready to pay a heavy penalty to the tax authorities.

So now we know the importance of bookkeeping. However, one cannot deny that it is a frustrating, annoying task. If you are not familiar with a lot of accounting terminology, it is even more difficult. Either you can hire an in-house bookkeeper or try and purchase accounting software. Both options have their pros and cons. Hiring a person saves time but costs you a fortune in terms of salary and other overhead costs. Software perhaps saves you a little money but it has its own cons such as constant software updates, difficulty to operate and so on. So we are back to square one.

This is when outsourcing comes into the picture, as this option saves you both time and money. It is often very rare to find such a win-win solution to problems. Countries like India and China are popular for the outsourcing industry – outsourcing to them is really a good option – the currency rates, time difference etc play to your advantage if you are in, say from the US. Make sure your outsourcing partner has taken enough security measures to protect your data – and you are on your way. Check out Integra’s bookkeeping outsourcing services right away – you have nothing to lose.

Is bookkeeping a nagging worry stopping you from focusing on key business tasks?

Small business owners have a lot of worries day in and day out, more so in the case of startups. There is just so much pressure on the business owner.  There are almost no small scale businesses that started with a big budget. Most are started on a shoestring budget with the business owner taking on as much work as possible.

When you are very good at one thing, good enough to think you will succeed in starting a business, it is your only focus. It is unlikely that you looked at learning other skills that a business owner would require. One such thing is bookkeeping.

Now as a business owner you have a whole lot of things to do. It is not unusual to find you doing the job of two or more people. However if there is one task that any business owner despises, it is bookkeeping. It is hard to understand, mundane and tedious. This is simply why it is avoided to the very last minute.

How much do classes help?
There are several classes for business owners to learn accounting software. However, only few come out of the course benefiting from it. This is because conventional accounting software is designed for accountants and bookkeepers, not laypersons. So if a business owner has to learn this, it requires a great deal of time and commitment. It is of no surprise that lots of business owners drop out from the course.

Here is what you can do to get a bookkeeper at your budget
There are several BPOs offering bookkeeping services. They are better than your local bookkeeper in so many ways. Firstly, they are cheap. It costs you less than half of what you would be paying for your local bookkeeper. You can pay them only for the number of hours they work.

The quality of bookkeeping services is also very high. This is by far the best bookkeeping solution you could ask for. 

Need a hand with your small business bookkeeping?

Are you drowning in this sea of your books of accounts with no one to save you?

Spending every sleepless night on invoicing and accounting?

Wondering if you will ever be able to get your old, accounting-free life back?

If you are a small business owner and you take care of your accounting requirements yourself, you are probably frustrated by the kind of time and efforts it demands of you. Especially if you are not acquainted with accounts all that well, this chore eats into your time like no other.

As a business owner, you are required to spend your time in more quality functions such as meeting with clients, investors and making important decisions that affect your business directly. Though accounting is an important part of your business, no doubt, it is something that may not be your expertise exactly. So, you really have to think about hiring a professional so you can get this off your hands.

However, accounting professionals these days cost a fortune. It may not be a cost-effective solution for a small business owner or a freelancer to hire a full-time accountant. So, here is a better, more practical option that is even tried and tested by many: outsourcing overseas.

When you outsource your accounting tasks to firms in countries such as India, there is a mutual benefit – because of the difference in currency, you can get your tasks done at an affordable rate and they are good at what they do. You have to watch who you outsource to, as one has to admit that this lucrative business also attracts some inefficient people. But that does not mean that you cannot turn to off-shoring. Several businesses have benefited from this option, when they found the right outsourcing partner.

By outsourcing your small business bookkeeping requirements to the right people such as Integra Global Solutions, you can heave a sigh of relief and turn to other important business tasks while your books are regularly updated by your trusted virtual assistants from the firm. Check out how you can make use of this service – you have nothing to lose.

Expecting professional bookkeeping services to cost you a bomb?

Bookkeeping is a skill that takes time and experience to hone. No matter how hard anyone tries, it is impossible to master it in a short while. This is a fact many small business owners disregard. It is treated as this light off-hand task that can be done in a short time. But boy are they wrong!

It may seem simple on the surface, but there is a lot more to it that people don't know about, unless they try it themselves. Business owners when faced with their bookkeeping find it difficult, but manageable as long as the amount of transactions stay limited. But what happens when the business grows?

Here is when they really begin to struggle. With daily affairs taking up the entire time, bookkeeping is postponed. This accumulates over time and eventually reaches a point where business owners can't get their head around it. The result- half done books and an emergency call to the accountant. Accountants have to step in and clean up the books before they can start on the accounting tasks, and due to the extra work and short notice, they charge a bomb!

So in the end it is clear that professional bookkeeping is the need of the hour. Previously it was impossible to have this, as hiring a bookkeeper in-house was unaffordable. But now outsourcing has made it possible with offering professional bookkeeping services at cheap rates. The cost savings is great and the value of money is high. With this service in place, many business owners are rid of the misconception that good bookkeeping comes with a heavy price.

Waging a War with Your Account Books?

When was the last time you went home from work at a decent hour?

When was the last time you devoted a good amount of time to be with your children and interact with them?

Well, if you cannot really remember, you are probably one of those small business owners who have to juggle all business related tasks themselves - meeting with clients, handling staff, attending board meetings etc. It is time to realize that your business life is taking too much of your personal life. If you do not want this to go on, you have to figure out a way to cut down on the number of things you do. 

For instance, take bookkeeping. This is a secondary business task that demands a lot of time and efforts. It is quite a mundane task, nonetheless important for a business. Most of the time business owners choose to handle the books themselves or assign it to their admin or a family member to cut costs. In that case, there is a risk of the account books being inaccurate and unprofessional. You don't want that. 

If you appoint a bookkeeper, you have overhead costs - hiring and salary, installation costs, office space and so on. Then you would have to maintain a track of these new costs! Back to square one. So, is there an alternative? 

Well, with bookkeeping outsourcing, there is. Many outsourcing companies extend bookkeeping and accounting services. Outsourced bookkeeping would also help in cutting down costs. In fact cost reduction is the major benefit here. Because there are no overheads. You also save time and are reassured that your books are handled by experienced professionals. In short, you get quality services at affordable rates. What more can you ask for?

The only catch here is that you have to do your homework in selecting the right outsourcing partner, which is also not too difficult. You can check their data security options, certifications, testimonials and other factors that could possibly reassure you. Once you have the right partner, the benefits are enjoyed in full. You can enhance your portfolio while the mundane, everyday chores are taken care of. 

No more late hours. 

No more skipping dinner with family. 

Check out bookkeeping outsourcing services and choose your outsourcing partner wisely. Have a stress-free life!