A new avenue for outsourcing of financial services for accountancy practices is outsourcing of accounting practice management.
Key tasks in accounting practice management
1. Database maintaince
2. Jobs and tasks maintaince
3. Communication handling
4. Document Management
5. Data Collection as per deadlines
6. Client query handling
7. Bookkeeping and reconciliation
8. Payroll processing
9. Online Monthly/Qtr/Yearly return filing
10. New company & their statutory compliance registrations
11. Sales Tax/VAT processing
12. Year end accounts processing
13. Personal /Corporate/ Partnership tax return processing
14. Finalization of accounts and tax returns
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Re: Accounting practice management
Very nice article. Tanks for the information. Keep it up