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Outsourcing year end accounts production

Recommendations for outsourced accounts production

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We are looking for recommendations for outsourcing of some of our year end account preparation. We work primarily with Quickbooks online and use TaxCalc for statutory accounts preparation so ideally we would need an outsoucer who's systems are compatible with those.

Ideally we want to keep the work done in the UK.

Who have you used, would you recommend them?

 

 

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By Richard Grant
14th Jul 2020 06:34

Both are cloud based so you should have no problem, make sure the book keeping is clean and employ a couple of sub contractors who work on line.

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By tom123
14th Jul 2020 08:09

Who was it who said "never outsource your core competence"?

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By ireallyshouldknowthisbut
14th Jul 2020 08:42

Someone with a business that lasts more than 5 minutes.

but many firms are just sales functions and just churn the accounts prep on a "look ma no hands" basis which will I guess work for a couple of years before the clients wise up. And many I guess never do.

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By tom123
14th Jul 2020 08:48

In many ways, I expect my arena of 'in house' finance work to go the way of outsourcing. Many of our large customers and suppliers seem to have pushed what would have been UK accounts jobs overseas.

These same customers seem to change 'outsourcer' every couple of years too.

But, if you take accounts 'prep' from an accountancy practice I am not sure what you have left.

Yes - everyone (in all sectors) likes big premium projects, but it is the bread and butter stuff that keeps the lights on.

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Hallerud at Easter
By DJKL
14th Jul 2020 09:34

The rise of the Uber of accountancy; prepare no accounts, do no tax work but instead just create an App and do lots of marketing.

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