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Methodology

TECHNICAL METHODOLOGY OF OUTSOURCING OF BOOKKEEPING

There are several options available to you in the way we work with you for providing outsourced bookkeeping services. You could choose the one that suits you the best. We can briefly classify these options of Methodology into three major types:

  1. Server  Based
  2. Remote Desktop Access Based
  3. Online Software Based

The details of these options are explained as under:-

1. SERVER BASED

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You (The Client in US/Australia/Europe) Send us (Indian Bookkeeper) the source Documents

We (Indian Bookkeeper) Process Source Documents.

We (Indian Bookkeeper) give you updated Books.

The Source Documents or Raw Data such as Bank Statements, Expenses, Check Stubs etc. will be scanned by you & upload to our secure ftp server.

We, at our end, will process source documents and update your books same night. We ask you to provide us copy of your books (backup file of your software). We shall work on the software specified by you such as QuickBooks, MYOB, Peachtree, XPA (Xcede Professional Accounting, Solution 6, Sage, Microsoft Great Plains, Quicken, Oracle Financials 11i etc.

We put the updated books on our secure ftp server. You come to office the next morning and download the updated books from our server to your computer

2. REMOTE DESKTOP ACCESS BASED

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You (The Client in US/Australia/Europe) Send us (Indian Bookkeeper) the source Documents

We (Indian Bookkeeper) connect to your Computer (In US/Australia/Europe) via internet security.

We (Indian Bookkeeper) Update the books and logout.

The Source Documents or Raw Data such as Bank Statements, Expenses, and Check Stubs etc. will be scanned by you & upload to our secure ftp server.

We (Indian Bookkeeper), at our end, connect to your computer using a remote desktop access service provided by you or like services such as logmein.com, gotomypc.com or Secure VPN from India

You come to the office next morning and find the books updated on your computer.

3. ONLINE SOFTWARE BASED

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You (The Client in US/Australia/Europe) Send us (Indian Bookkeeper) the source Documents.

We (Indian Bookkeeper) Use the online Accounting Software.

We (Indian Bookkeeper) update the Books and logout.

The source documents or raw data such as Bank Statements, Expenses, Check Stub etc. will be scanned by you & upload to our secure ftp server.

We (Indian Bookkeeper), login to Online Accounting Software (e.g. quickbooksonline.com) and update the books.

You login to the online accounting software via internet whenever you need – 24 x 7 and see the updated books.

 

COMPARISON BETWEEN DIFFERENT OPTIONS

We support the widest range of process options available for outsourced bookkeeping to suit your convenience. This includes Server Based, Remote Access Based and Online Options. In the following table, we show the comparison for you to decide which option is most suitable to you.

Outsourcing Bookkeeping - Process Options Comparison
We support THE widest range of process options available for outsourced bookkeeping to suit your convenience. Outsource bookkeeping process options include Remote Access Based, Hosted Software Based, Server Based and Online Options.

 
 
OUTSOURCED BOOKKEEPING SERVICE - PROCESS OPTIONS
Feature FTP Server Remote Login Hosted Software Online Software
Data Location Our Data Center Your Computer Managed Server Accounting Software Provider
Data Security Secure
128-bit
Encryption
Secure
128-bit
Encryption
Secure
128-bit
Encryption
Secure
128-bit
Encryption
Data Access
by You
Download Data File from Server On your own computer Connect to Server over Internet Data cannot be Downloaded -
View Online
Data Access
by Us
Login to FTP Server By Logging in
to your PC
Login
to Server
Login to Accounting Software Provider
Software Functionality Available Full Full Full Limited
Hardware Required Computer,
Scanner/Fax
Computer,
Scanner/Fax

Scanner/Fax

Scanner/Fax
Ease of Use Medium High Medium Medium
Data Backup Automatic Manual Automatic Automatic
Min. Transactions
Per Hour
35 30 30 25
Approx. Platform
Cost per month
NIL $0-$30 $30-$40 $20-$40
Ideal For Low Volume Accounting Anyone with
Computer + Software
Mobile Users Mobile Users
Supported
by Us
yes yes yes yes
We Recommend rating rating rating rating
 

 
YESHWANT MEHTA AND CO
Chartered Accountant. Vishwa Mohini,198-5442
Pantnagar, Ghatkopar(E),Mumbai 400075,INDIA



+91 986 770 4230 +91 996 997 0174 +1 713 370 6255 +1 512 643 8666 accounting@yeshwant-mehta.com
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