Most small and medium-sized enterprises choose to use Accounting and tax services to external parties to perform monthly, quarterly, and annual accounting tasks for their business. Using Expertis' accounting services is ideal for small and medium-sized enterprises or newly established businesses, providing them with excellent benefits.
1. Regarding costs
Utilizing accounting and tax services offers significant cost savings. In fact, outsourcing accounting services can save over 60% compared to hiring in-house accountants. This doesn't even account for the cost of office furniture, travel expenses, insurance, benefits or allowances, and the time a director would otherwise have to dedicate to accounting.
2. Regarding professionalism, legality, and safety.
Accounting firms possess extensive practical experience and high professional qualifications due to their exposure to numerous cases and their quick grasp of tax laws. They maintain a rigorous control process, from accounting staff to the chief accountant, with thorough review before submission to the tax authorities. Therefore, using accounting and tax services helps businesses avoid accounting errors. They also regularly update their knowledge of new policies to provide sound advice to clients.
3. Regarding responsibilities
Accounting staff have no basis for assigning responsibility. The business will be penalized 100%, even if the error arises from the subjective actions of the accounting staff. However, when using accounting and tax services from a legally registered accounting firm, they are responsible based on the economic contract.
4. Regarding the extent and duration of change
Minimize accounting staff turnover. Accounting services often have a long-term staff system, while small businesses frequently change accountants, leading to lost documents, records, or a lack of accountability. An accounting service company will be responsible for handing over and ensuring complete data between the old and new staff in case of resignation.
Due to the professional nature of the service, strict data management, and the independence of the accounting service, the business secrets of enterprises are not leaked or intentionally disclosed.
5. Regarding disadvantages
Despite its advantages, outsourcing services also has some disadvantages, such as:
- Accounting professionals will not be physically present at the business on a regular basis, working via email or phone, and only coming to the office when absolutely necessary.
- We only perform accounting and consulting services as per the contract.
6. Conclusion
Despite some undesirable drawbacks, the benefits of using Expertis' accounting and tax services are undeniable. This is also why businesses today tend to use accounting and tax services.
With over 20 years of experience, reputation, and capabilities, Expertis is confident in providing businesses with the best accounting services at the most reasonable cost, ensuring the highest level of legal security from the initial establishment to the end of the business operation.
Benefits for your company:
1. Cost savings: No need to invest in infrastructure, pay salaries for accounting staff, or incur the cost of developing internal accounting software.
2. Peace of mind in operations: Enjoy complete peace of mind regarding your accounting records, with dedicated and professional service. You can access your data whenever you need it.
3. Experienced staff: Our team consists of experts and skilled, experienced personnel who are adept at resolving issues arising with tax authorities and other government agencies.
4. Optimal Solution: Businesses will access a comprehensive solution to optimize taxes, management costs, personnel, and enhance the company's competitiveness.
If you need free consultation or want to learn more about our accounting services, please contact us immediately via Hotline: 0903 024 034.
