ACCOUNTING OUTSOURCING FOR LLC

Accounting outsourcing for LLC is the transfer of work on accounting and tax reporting of LLC to a specialized company. In the modern world, this service is quite popular among companies. First of all, this is due to the fact that the LLC receives high-quality accounting services at a reasonable price.

If we analyze and calculate the costs of the company for the maintenance of the staff of accountants and financiers in the company with the costs of accounting outsourcing, there is a significant difference. You should also not forget that quite often employees are not interested in achieving results, but simply serve their working hours, then under such conditions it is difficult to talk about the quality of financial work.

Does the law allow this?

The legislation of Ukraine allows an LLC to independently choose the form of financial accounting and reporting in its company. That is, the head of the enterprise must decide whether to keep an accountant in his staff, use the services of freelancers or entrust this work to a specialist using accounting outsourcing.

Benefits of accounting outsourcing:

• Reducing the financial costs of maintaining a financial specialist on staff. This can also include cost optimization, including workplace rental, wages, insurance premiums, and equipment.
• Minimization of risks caused by the human factor. For example, you do not need to worry that the accountant goes on sick leave or vacation during the period when you need to submit company reports.
• Confidentiality and safety of financial information. Using the services of accounting outsourcing, you can not worry that information about the financial condition of the company may be disclosed.
• Reliability of LLC financial calculations, which is achieved through professionalism and up-to-date software required in accounting work.
• Pay for results, not hours of work.

These are just a few of the benefits of accounting outsourcing for LLCs, using this service once, it will be clear that there are many more in the process.

Price

• The price of accounting outsourcing depends on the amount of work
• From the number of employees in the company
• From what system of taxation the LLC is on
• From a number of other features of the company

Therefore, the cost of services for accounting outsourcing is individual. You can determine it only when contacting a specialized company that provides this type of service.

Opportunities provided by accounting outsourcing for LLC

• Constant communication with a specialist who will be assigned to the LLC
• timely and correct submission of financial and reporting documentation to regulatory authorities
• Monitoring changes in tax legislation and maintaining financial documents in a way that is consistent with these changes
• Freedom of action – you no longer need to worry about the accounting work of the company.
• Full accounting support

Types of work included in accounting outsourcing:

• Company balance sheet;
• Report on the financial results of LLC;
• Company cash flow statement;
• Statement of changes in the capital of the LLC;
• calculation of net assets;
• Explanatory letter;
• Tax accounting and preparation of tax reporting.

Tax reporting involves the formation and submission of all types of tax returns, including income tax returns. Other types of accounting and financial services required by the enterprise.

Why choose accounting outsourcing for LLC?

• By contacting a specialist, you can get a complete analysis of accounting and financial accounting;
• receive full information about the problems that exist in the accounting and reporting of the LLC;
• You can get a full and comprehensive consultation on all emerging issues;
• With the help of a specialist, you can legally optimize the financial condition of the LLC.

Therefore, you should not postpone and think, but entrust the financial affairs of an LLC to qualified specialists. After all, accounting outsourcing is the key to the success of any company.