Accounting management by external firms:

Accounting management of the information associated with the income and expenses of the company during the month, to comply with the tax requirements established by law. Different firms also have the option to outsource their accounting services. They also offer the possibility of providing their services in their client's office. They adapt to your needs, whether you require an accounting, tax and labor outsourcing service or if you need a financial expert to devote exclusively to the area of finance of your company.

Outsourcing accounting services for organizations: ###

On the other hand, outsourcing of financial area is to add value to the overall direction of the company helping to decision making and continue to lead the viability of your project. The reasons why any company may need financial management service is that financial accounting companies convert accounting and financial data into strategic information, which helps decision making in future. This solution of accounting outsourcing services comes from an improvement in the reduction of costs for the entrepreneur and a considerable increase in his productivity. It is aimed primarily at small and medium-sized enterprises. We focus on key areas within your company but doing the work in your own offices.

Primary accounting services offered:

These principal areas, in addition to others dedicated to financial management, would be the following:

Bookkeeping Payroll management Company tax report Tax return Financial analysis Book Keeping: The action or control of keeping records of the money related issues of a business. Bookkeeping is the chronicle of money related exchanges and is a piece of the way towards bookkeeping in business.

Payroll Management: The Financial Management and record of employees’ wages and salaries including bonuses deductions, taxes (income Tax, Federal Tax) and net pay. Payroll management is the complete administration of these concepts.                    

Company Tax Report:

The corporation tax report or corporate tax according to Belgian terminology. It is a corporate income tax. It exists in most of the countries. Its base is generally made up of the profit or gross operating surplus of enterprises

Tax Return:

A tax return is a basic accounting service for small business by Weaccountax. It evolves an immediate expense on the payor capital of companies or like legitimate substances. Numerous nations force such charges at the national level, and a comparable duty might be forced at state or neighborhood levels.

Financial Analysis:

The financial analysis focuses on a company's past and future performance. It is a method used to compare the fundamental value of a company and its stock price. It is from there that the analyst provides a stock market recommendation (e.g. buy, sell, retain).

Some other major accounting services also include but are not limited to:

Management and accounting process Internal audits Organization and archiving of the economic-financial documentation of the company. Formalization of VAT-Books Planning and updating the company's accounting Legalization of official accounting books Deposits of Annual Accounts Accounting outsourcing service:

At present, the small and medium-sized enterprise sector outsources the accounting service to other more efficient and more valuable functions, such as the sales department. The following sectors are covered for outsourcing accounting services:

Restoration Commerce Communication agency Training Consultancy It consists of two types of service:

Monthly fee: This modality is worked during the months with fixed hours, that is, you can hire, for example, 5 hours a day.

Hourly Bonus: This mode is worked more sporadically, i.e. only, for example, four hours. Within this modality, three types of bonds are differentiated (the cost of each bond will depend on whether it is accounting or finance service).

Conclusion:

Accounting Services for small business comprises the processing of accounting transactions by recording them in the corresponding policies, capturing them in an accounting package, subsequently printing the financial reports for decision making, calculating provisional and annual taxes, filling the corresponding formats, calculating payroll and printing the same, the attention of requirements and personalized advice. Accounting services are crucial for any organization.

These services can help the organization to keep track of its growth and achieve its sales targets. Some companies can also use accounting software such as quick books to keep up to date on their business transactions. Some of the advantages of hiring a firm for accounting services is that you can improve your collections, improve cash flow and get more profit from the business.