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5 Tips to Look For In Your Remote Bookkeeping Provider

If you’ve made the decision to move forward with using an outsourcing provider as an addition to your in-house staff, (or for those that want to use an outsourcing provider for all their accounting/ bookkeeping needs (rather than hire any in-house at all), then as far as hiring a remote bookkeeper is concerned, there are some things you now need to consider to make sure your provider ticks all the boxes for your business needs.

Of course, there’s the obvious, quality of work and efficiency, are part of the priorities. But here are some other aspects to consider.

Are you looking to pay for your outsourced staff on an hourly basis? A full-time obligation or part-time?

Consider full-time staff requirements can run you extra costs involved with payout for leave costs like sick leave, annual leave, public holidays and any other types of leave that an employer is faced with when hiring a full-time employee. Hiring a part-timer can include the same kinds of costs. However, by using an outsourcing service you don’t have the headache of HR issues and there are no recruitment needs.

But what if you could hire a bookkeeper on a fixed fee basis where all those extra costs like annual leave you didn’t need to pay out at all. Hiring staff on a fixed fee basis means you don’t have to worry about budget overruns anymore which means no write-offs!

A list of tasks a remote bookkeeping provider can offer clients should include the following:

  • BAS
  • Payroll
  • Accounts receivable/payable
  • Invoicing
  • Inventory accounting
  • Records management
  • Basic financial statements
  • Bank and cash reconciliation
  • Fixed asset management
  • General ledger

Other factors to consider when looking for a remote bookkeeping provider:

Is the providers security up to scratch?

See this link for how serious BOSS takes its IT security.

Does your provider offer the bookkeeping software you use in your own office?

BOSS Bookkeeping software includes all the standard Australian software programs:

  • All versions of MYOB
  • Reckon
  • QuickBooks
  • BankLink
  • Cash flow Manager

If you don’t see your software here and it’s a program commonly used in Australia, then check with us, it will be something we definitely provide.

Is there flexibility with the remote service package you are looking at? Some things to consider:

Do you have the opportunity to scale up a team of accountants or bookkeepers through any busy times?

How long does it take to get the extra staff you need in a hurry?

Are there extra costs involved in scaling up or down?

What are the cancellation terms?

With the fixed fee remote bookkeeping service BOSS offers, you can scale up or down a remote bookkeeping team within a week to take you through any busy times or emergencies. There are no other costs involved and no hidden fees ever.

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