1The boundaries of the function
What exactly is handed over and what stays in the company.
Accounting Outsourcing
An external function without losing control. You hand over all your accounting to us or our partner and get a stable process without an in-house department.
Sound familiar?You have no accounting department of your own, but you need regular accounting, The owner spends time on accounting questions, The accounts are kept by hand and irregularly
Accounting and Financial Records
How we work
1
2A transition plan
Taking over documents, data and open questions.
3Regular bookkeeping
A transaction calendar, documents, reconciliations.
4Control
Reporting to the manager and periodic review of the scope.
Sound familiar?
- You have no accounting department of your own, but you need regular accounting.
- The owner spends time on accounting questions.
- The accounts are kept by hand and irregularly.
What usually lies behind it
Outsourcing makes sense when you need a stable function and expertise but keeping a full department is expensive. Outsourcing has one risk: losing control. So control is built into the agreement from day one: calendar, reconciliations, reporting and escalation rules.
What you get
A function with a designated owner.
A single point of contact.
Clear reporting for the manager.
Less dependence on one in-house employee.
The cost of waiting
If nothing changes
- 01
The accounting will stay irregular.
- 02
The owner will keep spending time on bookkeeping.
- 03
Tax issues will surface unexpectedly.
When you don't need this service
- Your accountant is coping and needs help with some tasks. Then bookkeeping services.
- The accounts for past periods are in disorder. Recovery comes first.
How to tell it worked
Month-end close
on which day you see the month's result.
Deadlines
whether reports are filed without postponements.
The owner's time
spent on accounting questions.
Questions
Who keeps the accounts?
EMET or a partner accounting firm. Responsibility and the order of communication are fixed in the contract.
How do we control an external function?
Through an agreed calendar, reconciliation points, reporting and escalation rules.
How is outsourcing different from a one-off consultation?
It's a regular, agreed scope of work, not a one-time answer to a question.
Related
Services: Bookkeeping Services · Accounting Recovery · Management Accounting Materials: Two sets of books: why an owner needs both
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