Small Businesses Use Online Accounting And Bookkeeping For A Fraction Of The Cost

Small Businesses Use Online Accounting And Bookkeeping For A Fraction Of The Cost

The average small business is constantly seeking to innovative and implement cost and operating efficiencies, without sacrificing the quality of their work and services. Every small business requires the handling of their finances through accountants and bookkeepers, to stay on top of their budget, and to increase their profits. By using the services of online accounting and bookkeeping providers, a company will find an efficient, affordable and convenient outsourced bookkeeping solution.

Why small businesses use online accounting and bookkeeping services

Online accounting and bookkeeping offers the same informed financial advice and decision making capabilities as an in-house accounting and bookkeeping team, at a much more affordable price. An online accounting and bookkeeping service provider can reduce the cost of the accounting function by as much as 40%, while still partnering your business with skilled professionals. By avoiding the hiring and training of staff, the overheads of office space and equipment needed for an in-house accounting and bookkeeping staff, a small business saves time and money. Startup businesses can especially benefit in that they get the services of a professional without the high fixed expenses of an in-house accountant. They can use more of the services as their business grows and avoid the upfront fixed expenditure of hiring employees. In the eyes of a small business owner, these benefits make an astronomical difference in matters of long term budget, operational flexibiility and the time to focus on the core of the business, especially in these recessionary times.

Another advantage to online accounting and bookkeeping is 24/7 access to data, documents and records. Having internal control over finances reduces the risk of fraud and embezzlement. Online accounting and bookkeeping provides every small business the edge in their financial management by using technology as efficiently as large businesses.

How does online accounting and bookkeeping work?

The convenience, security and ease of online accounting and bookkeeping is why so many small businesses are turning online, for their finances. eaccountants.us [pronounced eaccountants dot us] is one such provider of online accounting and bookkeeping services. With their online accounting and bookkeeping service, there are three ways to exchange financial documents and finished work projects:

• Secure server scan

• Secure server fax

• Desktop

Regardless of which method of file sharing suits your businesses preference, each option has four basic steps: converting the physical document to electronic form, uploading to your or eaccountants.us' server, data processing/quality control, and viewing and downloading of your data and reports.

Is online accounting and bookkeeping secure?

Absolutely! Online accounting and bookkeeping is more secure than an in-house employee. An online accounting and bookkeeping firm relies on the security of its service for maintaining their client base, more so than a single staff member who may only be in the office a day or two out of the week. An online accounting and bookkeeping company such as eaccountants.us, have a data center that hosts ASP servers in a state-of-the-art facility. Some of their security features include: redundancy, multiple Cisco firewalls and Cisco routers, and interrupted power supply for a backup of the total environment.