Affordable Outsourced QuickBooks Bookkeeping Service For Las Vegas Businesses
BENEFITS OF OUTSOURCING TO 24/7 BOOKKEEPING LLC
Can your in-house bookkeeping be costing you more than you think?
That’s because in most small businesses, the owner has no idea of the true cost of employees and it is one of the biggest reasons we suffer poor cash flow.
For example...
they say "NO WAY, I only pay her 15.00 an hour plus 7% in employee taxes - no way bookkeeping costs me $40,000 a year."
We underestimate our true cost or burden rate and the locked in expense kills our cash flow if our business ever takes a down turn. Costs like
medical insurance, phones, rent, computers, software, training, hiring, sick days and the 100 other little costs that add up. But those costs are
chump change for a small business compared to the real expense.
The big cost is the owners’ time. Your time MUST be spent looking
for new and better customers. Any time you are dealing with a
bookkeeper, you are losing sales to your competitor. The cost of
finding a new employee and getting them trained on how you want things
done can take up $5,000 to $15,000 of your time. That number never
shows up on your Profit and Loss, it’s hidden. But that is lost time -
losing customers that won't buy today, and they won't be buying from
you in a year. You have lost opportunities forever when you’re dealing
with back office tasks that don't need to be done.
Or what about the time you have to spend every day managing or
'interacting', as they say now a day at MBA school? How much does that
wasted time cost?
Here is how to determine the 'burden rate' of an employee. Go to your
Profit and Loss statement and look under payroll. Move the owner’s
payroll to overhead, because you are management, and that is where it
belongs (in overhead). Now divide the total gross payroll into your
total overhead and here is what you are going to find. That for every
1.00 you pay your employees, your cost is actually $2.40 to $2.60.
for a small business owner.
Bookkeeping is often a tedious but nevertheless important aspect of both small and medium sized businesses. In order to reduce overheads, 1. Outsourcing of bookkeeping services works out to be extremely cost effective. Statistics show that companies can save up 2. Outsourcing will get you experienced and trained accountants and bookkeepers. Companies can opt for a full time or 3. Outsourcing reduces your year-end work and fees, since the general ledger and subsidiary schedules are maintained as 4. Outsourcing companies provide secure FTP networks to transfer data. This ensures that you have no worries regarding data 5. Outsourcing provides fast and reliable services. When you choose an online accounting service the service provider 6. Outsourcing companies ensure a 100% accuracy rate in accounting and bookkeeping by employing stringent quality checks. 7. Outsourcing enables the use of up-to-date software for accounting and tax preparation. 8. Outsourcing service providers provide customized online bookkeeping processes, namely, Server Based (FTP) 9. Outsourcing of bookkeeping services allows you to choose between single entry, double entry and online bookkeeping. 10. Outsourcing provides hassle free and complete bookkeeping services including the preparation of checks. 
Lucinda Anderson CPA, 24/7 Bookkeeping LLC (702) 516-1584
costs and the effort of managing an entire accounting department, companies are now looking towards outsourcing as an alternative for
all their bookkeeping needs. Outsourcing your accounting, tax preparation and day to day bookkeeping to India will prove to be
extremely advantageous since:
to 40% when compared to hiring a full time bookkeeper.
part time bookkeeper depending on the volume of work.
part of the ongoing recording of data and preparation of documents.
security.
works on the books during the same night and uploads the books onto a server or sends them to the client via email
by the next morning.
Bookkeeping Process, Remote Access Bookkeeping Process and Application Service Provider (ASP) Bookkeeping Process.