Outsourcing is little more than an extension of the division of labour. It is part of the natural economic process to try to find better, more efficient and less expensive ways of doing things. Outsourcing is just one means used by entities to cut costs and increase efficiency. The virtual accounting division or personal bookkeeper for a client business and a reliable resource for the firm. Using the latest technologies helps to develop policies and procedures to streamline the accounting process – this can increase the overall efficiency of the firm’s business operations.

The outsourcing of the bookkeeping function helps with the daily tedious work involved in business processing, including:

• Downloading of bank statements and check scans
• Updating of transactions in QuickBooks from bank statements
• Reconciliation of transactions and payments
• Updating of accounts receivable and accounts payable
• Updating of payments received through PayPal, bank statements and deposits into checking accounts
• Bank statement reconciliation.

Outsourcing accounting services to Taxmantra offers multiple advantages. Key among those are:

• The Cost Factor. Costs related to your accounting and tax related work will be reduced by at least 75%
• No infrastructural or administrative hassles
• Increased productivity and efficiency
• Easy access to skilled resources
• Less dependency on internal resources
• Reduced turnaround time due to the time-zone advantage
• Taxmantra Global have been providing finance and accounting outsourcing solutions to global customers across diverse industries since 2008
• Has the expertise and skills to complete large volumes of work accurately and efficiently within short time frames, depending on the complexity and project size.

G-Drive is our preferred, we also use, Odrive, Dropbox, OneDrive, email. We can confirm to any process that makes our clients’ life easier.

We work with Quickbooks, Zoho, Xero and Tally etc.

If you are a monthly recurring client, payment is due on the 1st of every month. If you have a special clean-up project, a retainer is due to begin work and is generally charged on an hourly basis.