About Back office shared services pvt ltd (india)
Back office shared services pvt ltd (India) is a leading outsourcing accounting firm that provides cost-effective accounting, bookkeeping, SMSFs, and tax services to Australian accounting firms. The company has been in operation since 2004 and is Australian-owned. With a team of highly skilled professionals who are proficient in English, the company has established itself as a reliable partner for businesses looking to outsource their accounting needs.
The company's mission is to provide high-quality services that meet the unique needs of each client. They understand that every business is different and requires customized solutions to achieve its goals. Therefore, they work closely with clients to understand their specific requirements and tailor their services accordingly.
One of the key advantages of working with Back office shared services pvt ltd (India) is cost-effectiveness. By outsourcing their accounting needs to India, Australian businesses can save up to 50% on labor costs without compromising on quality. This makes it an attractive option for small and medium-sized enterprises looking to reduce overheads while maintaining high standards.
Another advantage of working with Back office shared services pvt ltd (India) is access to a pool of highly skilled professionals who are proficient in English. The company invests heavily in training its staff members on the latest industry trends and technologies so that they can deliver top-notch services consistently.
The range of services offered by Back office shared services pvt ltd (India) includes bookkeeping, payroll processing, accounts payable/receivable management, financial reporting & analysis, tax preparation & planning, SMSF administration & compliance support among others.
Bookkeeping: The company's bookkeeping service includes recording all financial transactions accurately using cloud-based software such as Xero or MYOB. This ensures that clients have real-time access to their financial data from anywhere at any time.
Payroll Processing: The payroll processing service involves calculating employee salaries/wages accurately based on hours worked or fixed salaries as per employment contracts while ensuring compliance with relevant laws and regulations.
Accounts Payable/Receivable Management: The company's accounts payable/receivable management service involves managing invoices, payments, and collections efficiently to ensure that clients' cash flow remains healthy.
Financial Reporting & Analysis: The financial reporting & analysis service includes preparing monthly/quarterly/annual financial statements, analyzing key performance indicators (KPIs), and providing insights into business performance to help clients make informed decisions.
Tax Preparation & Planning: The tax preparation & planning service involves preparing tax returns accurately while ensuring compliance with relevant laws and regulations. Additionally, the company provides tax planning advice to help clients minimize their tax liabilities legally.
SMSF Administration & Compliance Support: The SMSF administration & compliance support service includes managing all aspects of self-managed super funds (SMSFs) such as setting up the fund, preparing financial statements, lodging annual returns, and ensuring compliance with relevant laws and regulations.
In conclusion, Back office shared services pvt ltd (India) is a reliable partner for Australian accounting firms looking to outsource their accounting needs. With cost-effective services delivered by highly skilled professionals proficient in English using cloud-based software such as Xero or MYOB. Clients can save up to 50% on labor costs without compromising on quality. Therefore it is an attractive option for small and medium-sized enterprises looking to reduce overheads while maintaining high standards.