Benefits of outsourcing accounting and bookkeeping
- Free-up management from administrative tasks to concentrate on higher-level finance decision-making
- Access to external accounting expertise
- Accounting staff turnover is not an issue anymore
- Financial information including payroll data can be kept confidential
- Preparation of Trial Balance, Profit and Loss Statement and Balance Sheet
- Group consolidation and preparation of management accounts
- Preparation of detailed Fixed Assets listing
- Accounts Receivables and Accounts Payables listing
- Bank reconciliation and cash book maintenance
- Preparation of audit schedules and statements
- Liaise with auditors and clear audit queries
- Other details listing such as hire purchase and etc
- Preparation of management accounts for the director(s) and shareholder(s)



