These top 4 Reasons to Outsource your Accounting. 1. Lessen your troubles with expert advice. 2. Reduce costs and minimize penalties.
Let’s be real, accounting and bookkeeping for your own business can be quite a herculean task, especially if you are not a professional. Even Certified Public Accountants (CPA) need to constantly study because of frequent updates on BIR regulations and Tax Codes. If you attempt a DIY, you will find yourself asking, “How and when did I get this receipt and what can I use it for?” Though basic bookkeeping may be managed, especially if you are an organized person, you still run the risk of failing unexpected audits from the BIR.