Outsourced accounting is a service which provides a full, accounting department experience for small businesses. An accounting department handles the day-to-day transaction coding, accounts payable, accounts receivable, payroll, management financial reporting and many other services. Outsourced accounting providers have a full complement of accounting professionals allowing them to offer a small team of accountants at a lower cost to hiring.
They can process your transactions daily, just like an internal accounting department. Their expert accountants can handle the following accounting functions:
- Real-time transaction processing
- Sales invoicing
- Vendor bill payment
- Payroll processing
- Management reporting
- Budgeting, forecasting, KPI trending.
For more information about Accounting Outsourcing Malaysia, please visit https://www.rsmmalaysia-outsourcing.com/accounting.html