What do outsourced accounting services include?
The service can cover transaction records, reconciliations, payable and receivable records, and month-end reporting preparation. Your quote identifies the functions and outputs included. Payroll, tax and other specialist services need separate confirmation.
How is accounting different from bookkeeping?
Bookkeeping records and reconciles day-to-day activity. A broader accounting service can also prepare close schedules, adjustments and financial statements for your accountant to review. Choose based on the work you need, rather than the label alone.
Can you work alongside our existing accountant?
A hybrid arrangement can keep policies and approval with your accountant while assigning preparation tasks to Quarterfox. Confirm who supplies information, checks the work and answers questions before the first cycle.
What determines the price?
Entities, transaction volume, systems and record quality affect the workload. Reporting frequency and the functions included also matter. Ask for a quote listing outputs, fee currency and the treatment of additional work.
Who approves the accounting work?
Your appointed finance lead or accountant approves judgments and final outputs. The preparation team supplies schedules, proposed corrections and outstanding questions to support that review.
Can you use our accounting software?
Share the platform, edition and connected systems when you enquire. We confirm access and the work that can be supported before starting; software compatibility should be checked for your setup.
Does the service include tax filing or an audit?
Routine accounting preparation does not include audit opinions or authority to file returns. Discuss any tax, payroll or assurance requirement separately and identify the professional responsible.
What is needed to get started?
Share your entities, software, last completed period and reporting requirements. The first review identifies existing issues, access needs and responsibilities before the recurring work begins.