Outsourcing bookkeeping and accounting services for CPAs

CPAS are well-versed strategic business advisers and decision-makers. They act as consultants on many issues, including bookkeeping and accounting. With many years of experience, they have knowledge that businesses want to tap into.

One of the common questions that arise is whether your organization needs a full-time accountant?

A company needs an accounting professional who focuses on its day-to-day financial records. The outsourcing bookkeeping and accounting services is a less expensive option as compared to in-house services. Accounting firms either small or large require the skill of a CPA, as they have much more to offer. They provide an organization with a path to extra wealth and help individuals, accounting firms, and other organizations to reach their financial goals.

Whether you want to save money, time, or both, you need to Outsource bookkeeping and accounting services.

It means now your organization doesn’t have to pay for the overheads, vacations, sick leaves, payroll taxes, and eliminates hiring and training costs. They make sure what “tax benefits” your organization is eligible for. They consider your business as their own by providing business insights and financial advice. They give timely, relevant advice to their clients and the ability to work at whatever pace the client desires.

Why does your organization need some professional help?

1. CPAs are constantly paying attention to the changing tax laws so that an organization never misses something important.

2. Let a CPA help you in improving your card ratings.

3. There are many tactics which can help you in getting out of debts, but most of the organizations are not aware of these. Guess what? Your accountant does.

4. CPAs are eager to work for your organization and even appreciate your business.

5. If your organization owes any historical taxes, then CPAs are ready to figure out strength-based solutions.

With 13 years of on-hand industry experience, Bikham Finance allows us to stand out from the crowd. With the ISO 27001:2013 accreditation, our bottom line has grown up just enough to be able to support your bottom line. In the end, this one decision can end up saving you thousands of dollars.

Bookkeepers as "Tax Strategists"

Accounting services include complete bookkeeping services, issuing payments, producing monthly reports, processing accounts payable and tax preparations. Bikham information technology provides you with an advisor and a financial interpreter. They maintain and update your accounts at a cost much lower than hiring staff locally. Your business demands accounting needs and they are fulfilled by Bikham.

Benefits of Outsourced accounting provided by our firm:

1. Payroll processing

2. Helping you understand the balance sheet

3. Maintains profit and loss statements

4. Data is secure

5. Cash flow analysis

6. Budget analysis

Payroll is defined as the total amount of wages paid by a company to its employees. Payroll process includes pre-tax deductions, state payroll filings, and related payroll issues.

A Balance sheet is a financial statement which includes assets, liabilities and owners equities.

Assets include short-term certificates of deposit. By the term certificate of deposit, we mean there is an agreement according to which you receive an amount of interest for depositing money.

Liabilities include long-term certificates of deposit.

Owners’ equities represent the net value of a company.

These sheets are prepared at the end of the month or year-end. These balance sheets turn out to be a report of how the company has performed over time.

Profit and loss statement is the statement of operations, statement of income or statement of earnings. These statements give a conclusion regarding the revenues and expenses generated by the company over time. These statements include:

Net sales

Cost of goods sold

Gross margin

Net profit

Outsourcing accounting is defined as handling all accounting work to an accounting expert. This is done to ensure that the financial goals are met.

At Bikham, the accounting services offered to CPAs are:

1. Clear view of the financial health

2. Bookkeeping services

3. Documentation and financial reports on time

4. Payroll

5. Taxation and other value-added services

CPAs demand bookkeepers and consultants which are highly expensive and most of the firms are not ready for the huge upfront investment. But at Bikham Finance, you get an option of getting this work done at a cost much lower than hiring these advisors. They provide you with balance sheets, income statements, cash flow statements, and detailed general ledger reports on time at a nominal cost. These services have reduced accounting hassles and offer efficient services and interesting business advice to the clients. Clients having overheads that come in the form of accounting staff and dealing with complex payroll work comes to an end when you start working with us.

With over 13 years of on-hand Industry experience, we are the perfect choice to the firms. We help you to act out of your limitations.