What is the difference between acting bookkeeping and financial outsourcing?
In the process of bookkeeping, there are often people consulting Yongtuo Fu Sen accounting firm bookkeeping and financial outsourcing what is the difference? There are differences, of course, I believe that a lot of people are not clear about the difference between the two before today yongtuo Fusen accounting firm to introduce the difference between bookkeeping and financial outsourcing.
Bookkeeping agency: do not have the conditions to set up shall be authorized to set up an intermediary agency engaged in accounting bookkeeping business. Agency bookkeeping refers to the enterprise’s accounting, bookkeeping, tax returns and a series of accounting work all entrusted to the professional bookkeeping company to complete, the enterprise only set up cashier, responsible for daily money revenue and expenditure business and property custody and other work.
Financial outsourcing: refers to the outsourcing of financial capital management to banks and other financial institutions, and the outsourcing of receivables to collection companies for management. Financial outsourcing is not limited to transaction management, but also includes financial analysis and risk management.
Here is a detailed introduction by Yongtuo Fusen Accounting Firm to the difference between the two:
1. Different service contents
The service demand side of bookkeeping is not to set up accounting institutions and accounting personnel of the enterprise, so the service content of the agency bookkeeping for the demand side of the overall financial processing, accounting, tax returns.
The service content of financial outsourcing can not only be the whole financial outsourcing, but also the outsourcing of one or several financial modules, as well as related functions such as financial analysis.
2. Different service demanders
Agency bookkeeping service demand side for do not have to set up accounting institutions and accounting personnel of the enterprise. This is common in many small and medium-sized enterprises.
The demand-side of financial outsourcing has a broader connotation, including not only small and medium-sized enterprises that do not have accounting institutions and accountants, but also large enterprises and even multinational corporations. Only with the intention and demand of financial outsourcing, enterprises can outsource their financial services to other units and individuals
The above is yongtuo Fu Sen accounting firm sorted out the difference between bookkeeping and financial outsourcing related content.