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Externalised accounting/bookkeeping?

Question asked by Julius

What options are available for outsourcing accounting and bookkeeping functions?

response from John Englund

The cheapest option would be to partially outsource your accounting needs to an Application Service Provider (ASP). You can find dozens of ASPs on the Internet offering bookkeeping, credit control, payroll processing and other accounting services for a relatively small monthly fee. A second option is to turn to a fully outsourced accounting company, which will manage the entire chain for you. You can easily size up these two options by researching accounting service providers and asking for quotes. Many firms offer both options, and most will try to tailor their offer to your needs.

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