Outsourced Accounting

The ability to access your accounts software from anywhere brings a number of benefits. When you use an outsourced accounting service in conjunction with an online accounting service the ability to be flexible in the distribution of work enhances the value of both services.

The modern small business is looking for flexibility. Online50 allows accountants to offer a flexible outsourced accounting service to their clients where the client can undertake as much or as little of the work as required. For example, many Online50 users will maintain their sales ledger and cash book, leaving all other aspects to their accountant. This type of flexibility using standard accounting software is not possible without an online system.

Value Added Services By looking at the needs of your business with an Online50 Accountancy Partner you will be able to find ways to make best use of the resources that each of you have. For example you may decide that your own staff will raise sales invoices and keep the cash book up to date, but that the accountant's staff will carry out a defined credit control process. By focussing on what your business needs to achieve - in this example it may be a reduction in both debtor days and the total amount tied up in the sales ledger - you will be able to make best use of your accountant.