Its High time that compaines around the world are outsourcing their backoffice work to focus on core services.

one major backoffice activity that is widely outsourced it account and book keeping services

Outsourcing of Accounting and Book-keeping involves:

1. Maintaince and entry of account ledgers
2. Invoicing
3. Receivables and Payables
4. Reconcilation of Bank accounts
5. Preparing Balance sheets and P&L statements
6. Auditing and Tax Analysis
7. Tax Return Preparing and Filing.

Clients can get faster turnaround of time along with security and cost.

It saves around 60% of cost for a accouting work being outsourced from UK to INDIA.