Have You Been Turning Down Businesses for Not Having Competent Bookkeepers?

If you are a CPA or an accounting firm, this is something you might be familiar with. For the others, here is a little insight into the problem. Competent bookkeepers are a scarce resource. This is because bookkeeping is a skill honed only with experience, moreover it is lower in hierarchy when compared to accounting, in which most youngsters opt for as a profession. This scarcity has created huge demand for quality bookkeeping.

The 'scarcity' scenario has led to a situation where CPA's and accounting firms have to pay a higher price to get competent bookkeepers. Though this is somewhat manageable for accounting firms, it is out of the question for most CPA's who work individually. The end result- they have to turn down new businesses for not having good bookkeepers to take care of things like basic entries. Wondering why accountants can't take of this themselves? Well they can, but not when there is too much to do. Accounting is where the money is, henceforth they would be wasting time if they did more bookkeeping than accounting. Therefore they tend to turn down new businesses when they find their hands full with clients for whom they do both bookkeeping and accounting.

So this gets you thinking if there is a way accountants could welcome new businesses without having to worry about the bookkeeping.

Well there is. The answer lies in Outsourcing.

Yes, there are outsourcing companies that provide quality accounting bookkeeping services among the regular BPO services of call center and customer support. The bookkeepers here are usually graduates in accounts or related streams, therefore bookkeeping comes easily to them. They can effectively do the job for less that half the price you would have to pay a competent bookkeeper in your vicinity.

Apprehensive about outsourcing books and accounts?

Well don't be. You would be amazed at the levels BPO's go to in order to ease this concern. Things like secure portals for data transfer, policies such as "no working for competitors" are some of them. Some BPO's also offer to work from your computer where you provide them remote access. In such a case your financial documents wouldn't leave your office.

CPA bookkeeping is the name of this service that BPO's provide. If not listed you could ask for accounting bookkeeping services. If your an accounting firm or CPA, this is the perfect solution for you. Make your business grow in a convenient way!