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Our Outsourced Bookkeeping Services

Bookkeeping considered the backbone of any business is nevertheless an unavoidable but monotonous task. At MyAccountingSource, our CPA’s and skilled accountants perform your book keeping and accounting functions as per GAAP standards supported by the latest accounting and tax software all under high standards of confidentiality and security. Outsource your bookkeeping functions to MyAccountingSource for accurate and reliable bookkeeping ensuring faster closure of books and assured cost savings up to 40-50%.

Our range of bookkeeping services includes:

Accounting Reconciliation
Payroll Processing
Cash Flow Management
Inventory
Credit Card and Bank Reconciliation
E-Accounting
Single Entry System
Accounting data entry & Administration- Tax Preparation General Ledger Maintenance

How we work

Method A

You scan the documents & upload to our data server OR fax them to our toll-free fax number @ 5 PM
Our bookkeeper connects via internet to your computer using a remote desktop service like Go To My PC or Secure VPN
You come to office the next morning and find the books updated!

Method B

You Scan the Documents & upload to our data server OR fax them to our toll-free fax Number @ 5 PM
Our bookkeeper updates your books the same night. We ask you to provide us a copy of your books and work on the software of your choice including QuickBooks, Peachtree, Quicken, MyOB, Creative Solutions etc
We put the updated books on our 128-bit encrypted secure server. You come to office the next morning and download the updated books from our server to your computer!

Method C

You Scan the Documents & upload to our data server OR fax them to our toll-free fax Number @ 5 PM
Our Bookkeeper logs in to Online Accounting Software (eg quickbooksonline.com & Peachtree.com) and updates the books
You login to the online accounting software via internet whenever you need – 24x7 – and see the updated books

	Case Study
Banner Pharmacaps Limited outsourced their accounting, tax preparation and finance control point review to MyAccountingSource . Before outsourcing, cost of maintaining accounting and tax preparation was approx 20K USD per month; with MyAccountingSource efforts, the company cost of these services dropped to approx 12K per month, which is 40% ROI as compared to total cost to company.

Benefits

Overcome shortage of skilled accounting talent
Substantial reduction in manpower costs
Frees in house accounting resources for higher end financial planning
Eliminates overheads of maintaining and updating in-house accounting systems
Leverage complex financial analysis for enhanced decision making
Compliance with statutory regulations
Manage peaks and troughs in workload during tax season
Domain Knowledge, Center of Excellence
Technology Solutions

Bookkeeping : Accounting : Tax Preparation : Financial Auditing : Medical Billing

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