Outsource Bookkeeping Services for Small Businesses; Start Right with Your Startup

1. Outsource Bookkeeping Services for Small Businesses; Start Right with Your Startup Though handling and managing a business’s finances is vital, one cannot merely focus all the resources in this particular task, especially for start-up companies. Fortunately, with all its continuous upgrades and innovations, the BPO (Business Process Outsourcing) Industry has been helping and assisting various entrepreneurs in running and operating their businesses. Why Bookkeeping Services for Small Business Should be Outsourced To simply put, outsourcing means delegating tasks to a third-party or external vendor. This is specifically helpful to small businesses or startup companies so they can solely use their resources on more essential functions like establishing their brands and expanding their reach. So that you can have a better grasp, take a look at these outsourcing benefits that we have collated, some of which is the feedback we got from our clients. 1. Cost-Effectiveness and Efficiency A lot of companies opt to outsource some of their business-related tasks or services mainly to cut costs. Imagine the money you could save in acquiring the same, or even better, quality of outputs without the hassle of hiring and training employees or providing workstations and tools. Unlike employing in-house bookkeepers, your responsibility to the third-party vendor starts when you delegate your tasks and ends when you settle the agreed bill. Here, at Bookkeeping Arden-Arcade, CA, you can rest assured that you get the best value of your money. As soon as you get into a partnership with us, you get access to our skilled and well-trained professionals, as well as our top-of-the-line tools and elite systems. 1. Diversity and Flexibility With all the numbers, graphs, data, and statistics involved, accounting or bookkeeping tasks can be really overwhelming. Most errors root from an overlooked digit or mismatched entry, or incorrect date. Hence, having a new

2. set of fresh eyes and objective insights are significantly healthy and helpful. Outsourcing can give you just that; diverse people who are experts in their fields and are flexible and professional enough to adapt to your business needs and preferences. Furthermore, a staff of different people tends to provide more creative outputs and reduces the risk of work delays or disruptions, such as unplanned leaves. 1. Coverage and Support Regardless of where you are located, you can quickly get 24/7 coverage and support when you outsource. We are the ones who adjust to your time zones; we make ourselves available whenever you need us. We can support you within your business hours and cover for you during your out-of-office hours. While you channel all your time and effort in managing your business, we will be working on the back-end, supporting you on every step towards your success. Why Trust Your Accounting Services to Bookkeeping Arden-Arcade, CA Accountants and bookkeepers used to manually balance assets and liabilities using those insanely huge sheets of papers and ridiculously thick books. We, at Bookkeeping Arden-Arcade, CA, have not only digitized everything, we endlessly upgrade our software and processors; we leverage on the rapid advancement of technology. Moreover, we ensure our database is secure and safe; we protect your company’s information like our own. We do not settle on keeping everything in one place; we back-up all files and data. One of the bookkeeping services we offer is financial accounting, which involves both preparing financial reports for internal parties such as investors and stockholders and financial statements for external parties such as banks and government agencies. We only provide financial reports with utmost relevance and faithful representation. We guarantee consistent analysis that can be verified and easily understood. Our in-house CPAs, your virtual accountants, observe and abide by local and international accounting standards such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). We do not settle for less to give you outputs that are second to none. Furthermore, to ensure that you stay in the loop and on top of your company’s finances, we deliver reports promptly; depending on your business needs, we can provide those on a daily, weekly, or monthly basis. You can expect to see these components on the financial statements we prepare.

3. 1. Statement of Cash Flows In this statement, we transparently specify all cash and cash equivalents that are flowing into and out of your company. With these data, you get a bigger picture of how much money your business brings in, and how these funds are spent and allocated. 1. Statement of Profit and Loss In the Profit and Loss (P&L) statement, we give you a clearer picture of all your revenues and expenses. These data can quickly indicate if your company is doing well or not by showing if, for a particular period, your business has earned a profit(s) or incurred loss(es). 1. Statement of Financial Position In this statement, also known as the balance sheet, we present your company’s current financial position by listing down all assets, liabilities, and equities. This report can be a quick reference of what your business owns, and at the same time, what it owes. 1. Statement of Retained Earnings In the statement of retained earnings or the equity statement, we showcase how much is left for you after distributing gains and dividends to your investors and shareholders. With the comprehensive data on this report, you get an insight of how much funds you have in store that can be re-invested in the company through future projects or expansions. So, if you are planning to put up or if you just started your micro business, do not further waste your resources. As entrepreneurs, it is only wise to seek help from trusted tenured companies who have enough experience to assist and guide you. Start right with your startup by not only outsourcing tasks, but by entrusting those tasks in excellent and professional hands like Bookkeeping Arden-Arcade, CA. Financial accounting is just one of the many bookkeeping services we can do for you. Our professional virtual bookkeepers and accountants are well-trained and well-equipped to do these tasks for you as soon as you need them to; they are just practically waiting for your call.