Many freelancers assume that outsourcing accounting is only worthwhile for large, established companies, but this assumption is counterintuitive. Especially start-ups or SMEs are heavily burdened by the effort and cost of in-house bookkeeping.
For laymen or self-taught accountants, in-house accounting quickly becomes a real waste of time, because the routine is missing. You or your employees have to spend a lot of time familiarizing yourselves with complex financial and tax issues.
This is not only inefficient, but also harbors some dangers. Missing receipts, accounting errors or lack of procedural documentation can result in fines if the Tax Agency investigates.
Due to increasing demands for proper accounting and documentation, salaries for accountants are also on the rise. Qualified personnel are not only hard to find, but also expensive. Especially when it comes to a young company, hiring new staff can quickly become a financial challenge.
What is often forgotten: Hiring your own accountants includes not only the cost of salaries, but also the creation of a workstation: this includes the appropriate accounting software and the periodic purchase of licenses for use. If you want to keep your in-house accountant up to date on the latest legal developments, you will need to budget for the costs of the necessary training and training materials.
An outsourced accounting service offers you the advantage of facilitating month-to-month budgeting. As a general rule, accounting service providers offer two different pricing calculations: Prices are based on the number of bookings made or on the total sales booked.
Accounting is a constant problem for any company. But when is it time to start thinking about outsourcing? With the help of this checklist, you can find out if your company could benefit from outsourced accounting.
Not all companies find it useful to completely outsource internal and external accounting. Fortunately, there are a variety of outsourcing solutions that can flexibly deliver tax advisors and accountants.
You can outsource the following areas of accounting:
Evaluation of the company
Advance sales tax return
Before deciding on an accounting service provider, you should define your own quality criteria. In any case, you should pay attention to these key facts:
Accounting is an ongoing issue throughout the life cycle of a company. In our experience, you should consider outsourcing your accounting if you find yourself in the following situations:
Rely on what Findea offers you. As the owner or manager of your company, you often have to keep an eye on everything. You are responsible for the success of your company and you have to make sure everything runs smoothly. This is hard work and so that you can concentrate on your core business, we offer you support in finance and accounting. With us, you and our specialists work together digitally.
Get a financial expert to handle your company's accounting needs. Beyond managing your books and taxes, we can help you with tax representation and auditing your financial statements.
In addition to our fiduciary services, we also offer amendments to the articles of incorporation, tax and legal advice. Upon request, home addresses can be rented.
While Findea does the accounting for you, you can take care of your core business. You will also have more free time to spend with your family or hobbies.
The costs that arise if you wish to use our accounting packages are transparent and proportional to the scope.
Not only an important component in existing businesses, but also in start-ups, the careful establishment and maintenance of accounting records is essential.
Accurate and continuous accounting is essential for the preparation of sound and accurate financial statements. Accurate accounting is essential for stakeholders, such as banks, investors and the State, as it serves as a reliable source of information.
You develop your tailor-made concept for outsourcing your accounting together with our trustees. You decide how much time you want to spend on accounting and which tasks you want to outsource to us. As a Findea client, you benefit from our expertise in all accounting matters.
Having accounting under control is an important aspect of a company's success. Our specialists support you in a wide range of accounting tasks. We offer you the following services:
Plan, establish and manage your accounting
Preparation of annual financial statements
Assistance and follow-up of the accounting performed
Maintenance of the accounting system in place
On request, we take care of all payroll accounting and send you the complete payslips afterwards. If necessary, our experts will take care of the complete communication with the authorities and social insurances.