WHY IS ACCOUNTING OUTSOURCING BENEFICIAL?

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WHY IS ACCOUNTING OUTSOURCING BENEFICIAL?

Reading time: 2 min.

 Why is accounting outsourcing profitable? At least once every 3 months, many entrepreneurs have to become accountants to pay taxes. As entrepreneurs who want to save usually do:
- fills in all reports himself, manually;
- submits reports through online accounting;
- once consults a familiar accountant.

 Government reporting forms change frequently. By filling them in manually, you can easily confuse and download an outdated document that will not be accepted in the tax or worse - you will receive a fine.

 Online accounting is an unreliable service that does not take into account the nuances of your business (for example, you work on different systems) and taxes can be calculated incorrectly due to the use of outdated regulations, rates, databases, etc. Moreover, the online service does not bear any responsibility and you pay the fines yourself.

 Therefore, in such a situation, your business is not insured against the fact that the declarations were filled out incorrectly and taxes were paid in the wrong amount or to the wrong account.

 Last year, due to the crisis, the most agile immediately realized that it was time to optimize the business. One of the proven ways to optimize - the delegation of accounting and tax issues to qualified professionals. The remaining time can be spent to your advantage and put other aspects of the business in order.

What are the advantages of outsourced accounting?

- Remote work

 This is a trend and in modern realities - a vital necessity. The specificity of accounting outsourcing is the ability to work remotely and interact with clients remotely (by mail, messengers, online meetings, etc.) and it does not require binding to the office.

- Cost savings

 There is no payment to the budget of salary accruals in the amount of more than 40%. It is not necessary to equip workplaces for accountants, to train them.

- The human factor

 There are no problems related to the human factor of employees (the accountant disappeared before the reporting period, fell ill, went on vacation, constantly apologizes, leaves the workplace under the pretext of submitting reports, going to the post office, the accountant is not qualified - does not know the answers to most of your questions ).

- Risks

 Reduce financial risks, minimize management and financial costs.

- Work with professionals

 Outsourcing accounting companies always provide training, experts monitor all innovations. Therefore, the presence of professionals determines the competitiveness of the firm.

- Tax optimization

 You will always be told the possibilities, where and on what you can save, optimize taxes in a legal way.

- Accounting is in order

 You can restore accounting for any period of activity.

 If you have additional questions - contact the law firm "Prikhodko and Partners", we will be happy to help you and provide qualified services. In just 15 minutes you can find out the cost of accounting support for your company.

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