Handling all your bookkeeping and payroll needs in-house requires staff who are experienced in these functions, as well as continual updating of your accounting software. These are time-consuming tasks and can be easily outsourced to an experienced provider. You can outsource as much or as little of the work and ensure that you have adequate internal controls to avoid any risk in having the same people perform multiple duties.
Outsourcing allows you to grow your business without the additional time and expense of adding resources. Your outsourced team grows along with you and makes it a priority to keep up to date on accounting standards.
Upgrading software will no longer be a concern as your provider will have the latest updates and offer the best solutions for your business size and industry.
Reports can be established to give you and your management team the weekly, monthly, and yearly reports you need. The experience of an outsource provider will offer report options you may not already have in place.
Start by researching companies that provide these services. There are many individual options for payroll, taxes, etc., so be sure you investigate companies that can provide all the services you need rather than a piecemeal approach. Be sure to ask questions like:
Once you have pricing, review your options and ask for work samples and references before choosing a provider. The outsource company should lead the efforts once you sign the contract and the transition process should be seamless.
SVA will create a tailored solution to meet your needs based on our three service levels.
SVA will take on the role of your internal bookkeeper using either QuickBooks Online or Sage Intacct. Our experts will handle these functions for you:
Why choose this option? If you want to fill a gap when staff leaves and not worry about rehiring, turn your bookkeeping over to SVA. As we take care of it all for you, you won’t need to worry about software installations, upgrades, or staff training. Adequate internal controls and reduced risk are inherent when you outsource to an accounting firm, plus you get access to our experienced team who will review and consult with you monthly.
Your team will continue to process transactions and SVA will enter your information in either QuickBooks Online or Sage Intacct. This service package includes:
Why choose this option? You still benefit from not having to worry about software installations, upgrades, or staff training. You continue to perform the functions noted above, but SVA does the data entry and monthly processing. This option reduces your staff time each month and our experienced team will review and consult with you monthly.
Your team will continue using your current accounting systems, writing checks, generating invoices, making deposits, and creating payroll. SVA will meet with you monthly and prepare the reconciliations and any necessary adjustments of journal entries. This service package includes:
Why choose this option? You will keep your existing processes and staff, but SVA will bring another level of expertise to review and consult on your financial statements.
SVA’s team has years of experience providing bookkeeping and back-office support. The onboarding process is customized to your needs, and our bench strength provides for a fluid transition of service deliverability. Let SVA help you run your back office, so you can focus on growing your business.
Take the first step in understanding if your business is ready to outsource its accounting by downloading this eGuide.