Intuit QuickBooks software has emerged as a tool of choice for accounting professionals worldwide. With a simple, easy to use interface, this software automates manual tasks involved in accounting and bookkeeping. However, it doesn't fully take out manual intervention and a trained professional or team is necessary to use QuickBooks service.
QuickBooks is perhaps the most popular accounting software available to small businesses (75% + market share in US). It is available as a standalone service and software as a service (SaaS), making it accessible anywhere through the web. As noted earlier, it helps in easy maintenance and automation of regular accounting tasks while also bringing in advanced features such as accounting payroll management.
Flatworld Solutions' accounting outsourcing team comprises of professionals (CFAs, CPAs, CAs, and Project Managers) who work on QuickBooks accounting and QuickBooks hosting projects of varying complexities. Also to mention that their capabilities include QuickBooks bookkeeping but it is not just limited to QuickBooks payroll management, but includes much more than that.
QuickBooks Accounting Services
Flatworld offers QuickBooks consulting and accounting services, which include -
1. QuickBooks Bookkeeping
Updating Book Of Accounts
Closing of Accounts
Preparing Trial Balance
Preparation of Bank Reconciliation Statements
Preparing Income Statement, Cash Flow Statement and Balance Sheet
2. Accounts Receivables and Accounts Payables
Maintaining Cash Disbursement Records
Maintaining and Updating Other Expenses (Travel, Entertainment, Sundry)
Processing Letters of Credits
3. QuickBooks Cost Accounting
Do Cost Variance Analysis
QuickBooks Payroll Accounting
Preparation of Purchase Reports
Reconciliation of Fixed Assets
Account Maintenance For Write-Offs
Updation of Work-In-Progress Accounts
Though QuickBooks has been primarily designed keeping small businesses in mind, it works for larger organizations and one-man shops alike. Our scope of services covers this partial list of organizational types:
Based on the scope and nature of your requirement, you can hire a 'virtual bookkeeping assistant or plan for outsourcing QuickBooks team. This virtual assistant will handle all your day to day accounting tasks without any need of your intervention. However, you could also hire a team of accounting professionals who can manage different accounting areas of your business.