Things You Should Understand in Freelance Accounting Services

There are Benefits Engaging a freelancer to perform accounting works for you!

Freelance Accounting Services

 

Here’s the thing. Getting a Freelancer to perform your accounting is definitely something great for you to have. Why, you may ask. Let me share with you some reasons on how this will benefit your business.

Did you realise that a freelance accountant is one who is not part of your business’ headcount? Now, when that happens, you do not need to incur what as known to be fixed monthly costs. This includes things such as monthly salary, CPF payment and etc. Also, you can save on any additional costs such as staff benefits, for example medical benefit, annual leave benefit and etc.

As compared to a freelancer, you only engage them when you require their services. Hence, your cost is incurred only when needed, on a variable cost basis.

Did you also notice that sometimes, the accountant you employed  in your business are not motivated to perform the work? This inevitably results in inefficiency and ineffectiveness.

Why did all this happened?

Here’s what you need to know. All this happened as it relates to the mindset and attitude of each individual. For example, an employee in your firm would be thinking, “I am working for a fixed number of hours a day. No matter how fast I complete the given tasks, I am still given a fixed pay every month.”

Well, as an employer, you know as much as I do that this mentality of doing things is detrimental to your business, isn’t it?

So, as a freelancer, they would adopt a different approach and mindset when compared to employees in the workforce. This is all the more so in the area of accounting, especially when there are so many things which needs to be done everyday. Time is precious to everyone.

I bet you do agree with me that you having freelance accounting services would be beneficial to your business, isn’t it? You would not only save time but also money. You only engage their services when you need them. It’s just so free and easy!

 

Outsource to Freelance Accountants providing Freelancing Accounting Services in Accounting Firm

 

Outsourcing the accounting function of small business firms is on the rise in Singapore. No man is an island—that’s the major reason why accounting services providers like J Accounting Services have also decided to team up with a view to providing the best services to their clients. Each company brings to the table its line of specialty; resulting in the creation of a very powerful consortium. If you are medium sized or large business that is still growing in Singapore, you definitely need the services of professional consultants in an accounting firm.

An accounting services provider provides everything under one roof ranging from the basic services of bookkeeping, accounting to even complex taxation and decision making issues. This will help you to optimize the performance of your company at large and create avenues and potential of growth. From past experience and with skills acquired from other areas of competence, this enables you to improve all your accounting processes and procedures in order to help make your work easier and more enjoyable. It therefore helps you to concentrate on the strategic plan of your business while increasing tremendous gigs of efficiency and effectiveness.

From the third party service provider, you can outsource to freelance accountants for more complex tasks related to the financials of your business and other day-to-day services you may require like simple and effective ways of performing bank reconciliations. The outsourced freelancers in the accounting firm will also prepare your annual statutory accounts and report as required and in conformity to the Singapore Financial Reporting Standards. They can also provide you with a full taxation services or payroll solution. One big advantage with an outsourced accounting services provider is that you get to choose the level, quantity and exact type of accounting services you need.

 

Now, if you are looking for freelance outsourced accountants providing freelancing accounting services in an accounting firm, do take a look at what J Accounting Services has to offer you. Learn to stretch your dollar today, and engage professional specialist who are expert consultants to help each of you in your individual needs.

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