In this advanced era, many companies do not want to be bothered about accounting calculations and making financial statement analysis, therefore not a few also want to use accounting outsourcing services.
What is Accounting Outsourcing?
Outsourcing services is a service company that comes from a third party to complete a job. accounting services hong kong It can be said in the sense that accounting outsourcing is a service company that comes from a third party to complete work in the accounting field.
Reasons to Use Business Accounting Outsourcing
The growing era in the digital era makes business people look at using technology in knowing how to learn accounting that is easy and fun. There are several reasons that can help you make a choice and use the benefits of outsourcing business accounting. Among them are the following:
1. Comply with the applicable regulations in Indonesia
The regulations that apply in Indonesia regarding accounting and the functions of accounting, auditing, employment, and tax reporting are quite difficult for foreign companies to understand.
Not surprisingly, considering the regulations in force in Indonesia tend to change over time. Then, regulations in Indonesia involve many separate formulas or formulas.
For example, the calculation of overtime pay which may differ per hour of overtime, or in relation to the minimum wage, which may change depending on GDP growth and inflation rates.
Indonesia uses a progressive rate, but there is an exception, namely if the employee earns no more than IDR 54 million, then they are exempt from the income tax rate (
As a businessman, of course you can learn and understand all the applicable regulations. But if you are not familiar with the rules quickly, it can harm your business.
For example, you must be prepared to pay fines for late filing of taxes, or at worst you could go to jail, have your business license revoked, or your company registration may be cancelled.
The importance of complying with applicable laws and regulations in Indonesia is the main reason why you should consider and use the benefits of outsourcing business accounting.
Choose the best business consultants, certified accountants and tax specialists with years of knowledge and experience in their fields.
2. Save Business Expenses
Another benefit of outsourcing business accounting is to help you save a lot of money. In business, you can avoid spending money on hiring and training employees.
In addition, you also don’t have to pay for expensive accounting and payroll software. And no need to rent a bigger office for your team.
3. Better Business Management
One of the biggest mistakes entrepreneurs make is to overwhelm themselves with many tasks that could otherwise be assigned to someone more competent in their field.
Business management in accounting will be chaotic if there is a wrong number in the trial balance that creates the imbalance. Therefore, it’s a good idea to find a way to deal with an unbalanced trial balance.
By taking care of these various tasks, entrepreneurs will be more easily exhausted and become less efficient and productive in running a business.
After all, running a business well is about doing the things that matter most, excluding the routine tasks that others can do.