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Accounting outsourcing can be mentioned when a company is hiring a third-party accounting company to do the accounting duties of that firm. It includes works like accounting, managing accounts, wage calculation, compiling taxes, making financial statements, and other activities that may be related to accounting. Different reasons have been attributed to outsourcing of accounting by various companies, some of which include cost reduction, access to specialized professionals, increased efficiency of business processes, and so that employees who work in other capacities within the firm can spend time where it is most valuable.
There are many benefits of outsourcing your accounting services, which are, 1.cost, 2. getting professional’s advice, 3. getting accurate results with less chance of mistakes or neglecting some important aspects or laws, 4. you can free time for other activities you are specialized in.
At JAKS, we offers a wide range of accounting services, including:
We take information safety seriously and use superior encryption technology to guard your facts. Our systems are adaptable with GDPR and other relevant policies. Additionally, we’ve strict confidentiality agreements in place with our workforce.
JAKS consists of highly certified experts, such as Chartered Accountants , Certified Public Accountants, ACCA-certified accountants, and other specialized certifications. Our team have expert knowledge in the UK accounting policies
The outsourcing process typically involves:
Yes, we can work with a lot of accounting software platforms, along with QuickBooks, Xero, Sage, and others. We can also help you transition to a new software if required.
We maintain regular communication via emails, telephone calls, and virtual conferences. We offer specific economic reports on a scheduled basis, and you may have access to your financial records via secure online portals.
Our pricing is customized to the needs of each clients and depends on the complexity and scope of the services. We provide competitive rates and bendy charge alternatives. Contact us for a detailed quote.
Getting started is simple! Contact us to schedule an preliminary session, in which we will talk your necessities and provide a custom designed proposal. Once you approve, we are able to guide you through the onboarding method.
Absolutely. Our group is well-versed in UK tax legal guidelines and regulations, and we offer comprehensive tax compliance services, which include instruction, filing, and strategic tax-making plans to limit your tax liabilities.
No, you retain full manage over your finance. Outsourcing allows you to give routine tasks to experts at the same time as retaining oversight and decision-making authority over your financial operations.
