All small businesses must track their cash flow and develop financial reports to increase profitability. However, it’s not always possible or sensible to hire an entire accounting team. Luckily, there are outsourced and online accounting services available to fill these needs for you. Here’s a guide for small businesses.
What is an Accounting Service?
An accounting service is a third-party provider that goes over your books and provides insights to help your team make financial decisions. Unlike accounting software, this type of service includes a financial advisor or other professional to help you. Here are some functions accounting services usually offer:
