Accounts closing is occupying the minds of all business in India as the ides of March are approaching, and approaching at too uncomfortable pace. Most of the business did plan to complete data entry on time, rather keep it up to date and did not want to face the same last minute hurry as in the past. Yes, intentions and planning accounts closing were in place, but as usual, there are a dozen reasons why data entry connected with accounts closing is pending.
May be the staffer responsible for data entry went on maternity leave, may be the sales staff did not report all the sales in time, or maybe there is the last change in accounting rules. But, whatever be the reason, data entry and accounts closing work, have to be ready by March.
One of the ways to tide over the problem is to find specialists in data entry; they should have staff trained in accounting. All aspects of accounts closing, be it journal entries, ledger entries, manual ledger entries, vouchers, checking sales invoices can be entrusted to such outsourcing data entry firms for a small fee.
Advantages with such outsourcing accounting firms are quite many. Firstly, you can stop worrying about staff shortage. These firms will always have more than enough data entry people to handle even last minute rush. The staff will be handling data entry work on behalf of many clients engaged in different businesses. As such, they will have knowledge to help you with account closing that adheres to the principles laid out by your auditor.
Reputed data entry firms will also be able to post entries onto your customized software. They will have supervisory staff to scrutinize the data entries and ensure that they are accurate. These firms go beyond mere routine data entry work; they can provide you customized reports in case you wish for such service.
What will it cost? Most of the time, the cost may work out to less than what you have to incur on a full time data entry operator. Try it this year, perhaps, accounts closing may be more peaceful and accurate for once.
Forward Business Solutions can give you more information on data entry solutions.