Outsource Accounting Solutions
Your Growth. Our Guidance.
What is an Offshore Accounting Service?
Offshore accounting service is one of our most widely used BPO services. As a third-party service provider our highly skilled professionals attend to your firm’s accounting, bookkeeping, financial reporting and taxation processes at a very low cost. Profitmaster, as a third-party Australian outsourcing company providing accounting services is located overseas in the Philippines; this is known as offshore outsourcing.
Why Outsource Accounting?
Chartered and Australian accounting firms working for multiple clients can also benefit from hiring a virtual accounting assistant. They can outsource part, or all of their tax return work to free onshore accountants to provide more high-value services to their clients. Outsourced accountants fit seamlessly into a pre-existing team for added support for your business.
Why the Philippines?
The Philippines provides the ideal location for outsourced accounting services because not only are Philippine accounting practices based on U.S. law, but accounting courses at all universities are taught in English, so communication is never an issue.
Call us today to find out more about how easy it is to begin maximizing your resources with offshore outsourcing. There is never any obligation until you have found the perfect fit for your business.
Benefits of Outsourcing Accounting and Bookkeeping
NTS outsourced bookkeeping and accounting services guarantees the accuracy, quality, and security of your financial data while helping you save money and time.
When your onshore employees are freed from time-consuming tasks they can support other important areas of your business such as sales, marketing, and customer support. Accountants and SME’s save more money in a year through outsourcing bookkeeping and accounting tasks, than having their own book keeper working full time onshore.
Accounting outsourcing is also an effective management tool, with many companies incorporating outsourcing as one of their strategies in business planning.
What can I outsource?
Our outsourced accounting services include:
- Accounts Preparation
- Bookkeeping
- Credit Control
- Debt Collectors
- Expense Claims
- Invoicing
- Payment Chasing
- Payment Processing
- Payroll
- Year End Preparations
Accounting Software:
- XERO
- Quick Books
- MYOB
- Cashflow
- Banklink
How Does It Work?
- 1 Send us your accounting requirements
- 2 We send you shortlisted candidates based on your requirements
- 3 We organise and facilitate interview sessions with endorsed candidates
- 4 You select who you would like to hire
- 5 Special training is provided for your offshore accountant
- 6 Work directly with your outsourced accountant and set tasks and outcomes
- 7 Our office becomes an extension of your own local office in Australia
- 8 We provide the HR needs of your virtual accountant
- 9 We take care of all employee benefits like employment taxes and insurance etc.