siliconindia | | June 20214Accounting forms a part of each and every successful business. An understatement, but accounts serves as the backbone of the organization, without which it will not be able to serve. Consequently, it needs professional accountants, all the more. Accountants play a very pivotal role in bookkeeping, auditing, tax preparation services, and consultancy among other roles. Many small businesses, start-ups, and entrepreneurs find it challenging to hire an accountant. Especially with the right skills to prepare their company's financial statements, manage bank account operations, analyze financial data, and prepare the outgoing invoices.Give the present times, it is even more challenging to find a qualified and eligible person at an affordable rate.More than 1/3 of small businesses are outsourcing their accounting. Interestingly, most small companies who outsource are not feeling comfortable doing accounting on their own.Even though it is commonly believed that accounting and bookkeeping must be done inside of the business. But it is essential to ask yourself whether you have the necessary skills and experience to do this job. Also, do your staff has enough experience to coup with increasing accounting tasks. To add it up, 62% of all small businesses they think that they overpay their taxes.Due to this fact, you might consider outsourcing accounting services to the company that is with the right knowledge and qualifications. Also, which company can do the same job more qualitatively and cost-effectively.For the same reason, many executive directors have noticed various positive aspects of outsourcing bookkeeping and accounting services. Importantly, outsourcing such services should be without any adverse effects on their business, employees, and customers.We get that, and therefore, curated a list of accounting & bookkeeping service providers who bring years of experience and accuracy with every penny accounted and recorded for.Do let us know what you think.Emmanuel Christi DasEditoreditor@siliconindia.comEditorialEvery Penny Counts Vol 10 · Issue 10 - 07 · June, 2021 Publisher Alok Chaturvedi Editor Emmanuel Christi Das Editorial Team Aveek Pal Chaudhuri Avinash Roy Hridkamal Roy Mandvi Singh VP - Sales & Marketing Virupakshi Pattar GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit: www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2021 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers Mohana Krishnan Siva Sankar Group Art DirectorAshok KumarCirculation Manager Magendran PerumalAnupreethi Danila.D Felisha Rita Shilpa Selva siliconindia Correspondents Sambit Satpathy Subhadarshani Mohantysiliconindia | | December 202023siliconindia | | March 20203siliconindia | | MAY 201939
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