Outsourcing Bookkeeping Services in Kenya Is Much Cheaper Than Hiring a Full-Time Employee
Some people also try to understand the accounting problems themselves. They make mistakes and encounter some problems. The outsourcing of accounting allows companies to avoid serious consequences and additional costs.
Matrix Solution’s team performs the Outsourcing bookkeeping services in Kenya to your business that is tailored to your business and understands all the details of the industry.
The outsourcing of bookkeeping solves a variety of problems. For all, we have our own team of experts. The accountant will find every opportunity to cut taxes safely, the lawyer will get all the risks involved in developing the contract and the business assistant will take over the entire day-to-day work of the organization.
Bookkeeping services are so diverse today that detailed decoding is required, what exactly does an outsourcing company offer? What will be your responsibility?
We are a well-tested outsourcing bookkeeping service in Kenya. The personalization of the service is our constant goal to better satisfy your needs.
Our bookkeeping outsourcing and businesses provide a guarantee of confidentiality and compliance with agreed deadlines, without any more stress for our client.
The desire of companies of any size, legal form and type of activity to reduce operating and other costs has led to the development of the market for the outsourcing of bookkeeping services.
If you cannot take the burden of your accountant’s work 8 hours a day, 5 days a week to perform direct functions, bookkeeping outsourcing is what you need.
In this situation, it is important to correctly identify the company that trusts financial accounting.
Outsourcing bookkeeping services in Kenya
Outsourcing bookkeeping services in Kenya for small or medium businesses maintaining up-to-date bookkeeping is probably the most important part of the daily routine. The establishment of an accounting division, hiring and training bookkeeping personnel and buying bookkeeping software is costly. Such companies, whose core competency is not bookkeeping, can benefit by outsourcing to India.
Outsourcing bookkeeping services in Kenya will eliminate the need to have an accounting division while at the same time your organization can get access to professional bookkeeping services at just 40%-50% of the cost.
What we deliver as outsourcing bookkeeping services in Kenya?
- Entering Bank Details
- Paying suppliers
- Recording receipts
- Verifying/recording invoices
- Processing employees’ pay
- Preparation of Tax Returns
- Allocating the A/C entries
- Statutory Deductions
- Maintaining Daily Cash Book
How we Work?
We always work to your satisfaction. You just need to set up the task for the Business Assistant in an appropriate way and send us a photo of the required files.
Then trace the task using the. You do not need any special knowledge; our service clearly shows you to understand whether the record has been saved correctly and has not forgotten anything.
Don’t worry about Errors and Spelling mistakes. All operations that enter data into the system are performed by a responsible accountant. We offer outsourcing services with financial guarantees.
Why outsourcing bookkeeping services in Kenya?
By choosing Matrix Solutions as your bookkeeping outsourcing partner, you can get access to several benefits such as –
- Save up to 50% on bookkeeping expenses
- Boost your bottom line with less staff
- Focus more on your business
- Get access to complete financial management from bookkeeping to tax returns
- Hire a dedicated online bookkeeper with complete loyalty
- Round-the-clock access to accounts
- No need to hire/train accountants
- Real-time online bookkeeping
- Complete confidentiality and data security with the latest encryption technologies, remote servers and physical security systems
What are the bookkeeping services that can be outsourced?
You can outsource the following bookkeeping services-
- Invoice generation services
- Tracking accounts receivables services
- Generating accounts receivable reports
- Tracking accounts payable services
- Trial balances and P&L accounts services
- General ledger maintenance services
- Payroll processing services
- Compilation of tax returns services
Apart from this, you can outsource any bookkeeping services to India, as Indian outsourcing providers have expertise in all the segments of bookkeeping.
What is the bookkeeping software that is used in Kenya?
Indian outsourcing providers have expertise in using all the latest bookkeeping software available in the market. Here is a list of the bookkeeping softwares we use;
- QuickBooks
- Sage & Pastel
What are the benefits of opting for QuickBooks accounting?
As mentioned earlier QuickBooks is the most widely used bookkeeping software. This particular software is seamlessly upgradeable with no legacy issues. The QuickBooks Online Edition that is currently available has no limit on the number of simultaneous users and is very useful in multiple user environments. The 24X7 audit trail captures every user’s edit and is ideal for monitoring transactions online. Outsource QuickBooks bookkeeping services to Flatworld to enhance your efficiency and profitability.
What about security and confidentiality concerns?
When you outsource bookkeeping services to India, you will have complete control of permission levels and access levels of your staff to the online data. The QuickBooks Online Edition has foolproof secure encryption which encodes all your transactions. Bookkeeping service providers have high-level security systems in place with restricted access to authorized staff Most servers are located outside India to address the security concerns.
Benefits of Choosing Our Bookkeeping Services:
Concentration on the core business:
Focusing on core business has always been one of the main reasons for outsourcing other functions, such as accounting, HR and IT.
The Process Optimization and Digitization in Modern Bookkeeping. After all, outsource also focus on its core business and implement the latest developments.
Reduce the cost of accounting
According to the calculations, what makes such a big difference? For a better understanding, we gradually hear the total cost of accounting (be it internal or external) on:
Technical and logistic costs:
After choosing accounting and bookkeeping outsourcing, suppliers are ready to invest in the definition of relationships for a while. At a minimum, you must have a written agreement that is defined as follows:
You must determine when you want the accounting reports and when you expect them.