Outsourced Bookkeeping Services

Irrespective of the size of your business, you know that bookkeeping and accounting is an important activity for your organization.
It helps you maintain transparent financial records to understand the inflow and outflow of funds and also in knowing the financial position of your firm. We, at SAS, know that the requirement of every customer is unique, so we utilize our ability to offer personalized and efficient outsourced bookkeeping services. Our bookkeeping outsourcing services at SAS gives you flexibility in adjusting the level of service you need according to the size of your business and get the best and most efficient results

What Is Outsourced Bookkeeping Service?

Outsourced bookkeeping services are defined as a process of systematically recording transactions of the company on a day-to-day basis by an outsourcing bookkeeping services provider.
 
Outsourced bookkeeping handles daily activities like the chart of accounts management, transaction recording, management of accounts payables and receivables, bank reconciliation, general ledger maintenance, cash flow management, financial reporting and analysis, payroll processing, and many more such services.

Why Outsource Bookkeeping Services?

Outsourced bookkeeping services are cost-effective
As a small-scaled, mid-scaled, startup business, or even as an established business saving money can take you a long way. But this should not compromise the quality of the work. If you set up an in-house team, you may have to pay the salary, direct costs like payroll taxes, compensation, medical insurance, retirement plans, and other benefits. Not to forget the cost and time involved in recruiting such as classified ads, screen tests, interviews, training, etc.
 
Our virtual bookkeeping services saves all these costs without compromising the quality as we are very competitive and also flexible in precisely providing the bookkeeping outsourcing services your company require.
 
Outsourcing reduces your work and fees
We at SAS maintain your ledger and chart of accounts as a part of our outsourced bookkeeping services. This translates into lower accounting fees and faster turnaround time; this leads to preparing tax returns and financial statements at low cost and in less time. Our outsourcing bookkeeping services help you focus on your core business.
 
Customized outsourced bookkeeping solutions
We understand that every business is unique and has its own needs. That’s why we provide you with a fee structure that is very affordable and customized as per the requirements of your business and the size of the firm.

Our Outsourced Bookkeeping Services
  • CHART OF ACCOUNTS
    We maintain your chart of accounts and create necessary schedules to arrange financial information to meaningful groups and subgroups.

  • RECORDING TRANSACTIONS
    We record all types of transactions including debit notes, credit notes, purchase orders, sales orders, goods received notes and journals

  • LEDGER MAINTENANCE
    We ensure financial ledger maintenance in an error free manner to ensure you always have access to an actionable accounting information

  • BANK RECONCILIATION
    Our bank reconciliation activity allows you to keep a tab on your bank balance and know your accurate cash flow position information.

  • ACCOUNTS PAYABLE
    We maintain complete track of accounts payable so that you always keep a good credit standing and never miss any cash discount or have to pay interest on late payments

  • ACCOUNTS RECEIVABLE
    Our outsourced bookkeeping services ensure an accurate record of receivables so that you never have to deal with situations like late collection and bad debts.

  • CASH FLOW MANAGEMENT
    As a part of our bookkeeping outsourcing services, we carefully manage cashflow to protect the availability of money in the future considering your cash inflow and outflow

  • VAT REPORTING
    As part of our outsourced bookkeeping services, we maintain VAT compliant records, prepare monthly and quarterly reports and help in filing VAT Returns

  • PAYROLL PROCESSING
    We offer outsourced payroll processing services where we generate monthly payroll, based on the attainable information made available to us.

  • FINANCIAL REPORTING AND ANALYSIS
    We create monthly, quarterly and annual financial reports including, Accounts Receivable report, Accounts Payable report, Sales reports, Purchase report, MIS reports and financial statements

Bookkeeping Software We Use
  • TallyERP

  • Busy

  • QuickBooks

Difference Between In-House Bookkeeping And Outsourced Bookkeeping Services

An in-house bookkeeper is likely to work as an employee that is typical 8 hours a day and enjoy all the benefits a regular employee may enjoy, like insurance, medical benefits, payroll taxes, etc. On the other hand, an outsourced bookkeeper works along with a team of bookkeepers and gives you the extended hours of work without enjoying the benefits of an employee. It works like a wonder, especially if your business doesn’t work on fixed hours like a restaurant, beauty services, entertainment, etc.
 
In-house bookkeepers come from various backgrounds and skill-sets, some of which may not be of much use to your business. There can be two possibilities while hiring an in-house bookkeeper, one he could be a professional accountant a deep understanding of accounts; or secondly, he could be a self-taught bookkeeper with not much experience of bookkeeping and accounting. However, an outsourced bookkeeper consistently offers a high quality of work. We at SAS employ skilled and professional bookkeepers for our bookkeeping outsourcing services, which means whenever you outsource bookkeeping from us, you can be guaranteed highly professional bookkeeping services.

Factors To Consider While Choosing Outsourced Bookkeeping Services
  • SIZE OF YOUR BUSINESS
    The volume of transactions and the size of the business is an essential factor to consider. Outsourcing bookkeeping should be your first option if you are a small-sized business. If your business is big and professional, outsourced bookkeeping services can still be your first choice, as you can expect with best-in-class services from the providers.

  • NEED FOR YOUR FINANCIAL GOALS
    Financial goals vary from business to business. One might require someone to discuss annual taxes, while others might require a long-term strategy. Therefore, availing a variety of outsourcing bookkeeping services will help you in minimizing cost and also getting desired results.

  • SECURITY
    Your company is dear to you, and so are your financial details. These are extremely sensitive and confidential, and you might not want to risk giving it to the wrong set of people or a particular person. Therefore, outsourcing your accounts to a verified and professional outsourcing accounting company that specializes in safeguarding your financial details should be your first choice.

Key Differences Of SAS For Outsourced Bookkeeping Services

We take pride in having a team of professional accountants with the professional expertise in bookkeeping outsourcing services provider in Ghana. Now you can bring down your bookkeeping and accounting expenses by up to 30%-40% by outsourcing with SAS. Our highly-qualified bookkeepers can guarantee you correct and genuine numbers all the time.
 
Our team has the right skills and competent knowledge to work with multiple and widely-used software for bookkeeping. We also deliver unparalleled output and performance by providing flexible pricing plans, personalized for your needs.

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