Bookkeeping- (Virtual & E-commerce)
Bookkeeping is not as easy as it looks. It has a very vital role in making smart decisions for the long-term business plan. To do so with the right and affordable skills at the same time is very crucial but outsourcing the services of bookkeeping to Shaun Global lets you focus on what you do best in your business while we focus on what we do best to deliver accurate and detailed financials every month. We provide streamlined cloud-based bookkeeping services to all sizes of firms with a wide range of networks across the United States, United Kingdom, Australia, and Dubai (UAE). Partnership with Shaun Global means you gain access to certified and earmarked virtual bookkeepers who have years of bookkeeping & accounting experience, and you get professionals at a fraction of the cost of hiring a full-time employee.
We as Virtual Finance business partners operate in a highly secure environment with hands-on of the latest bookkeeping tools to coup up with the competition effectively. we promise to make your life easier, and as a result, you do more, earn more, and all this without getting overloaded.
Some of our clients are in the e-commerce industry and use multiple ranges of Ecomm platforms like Shopify, eBay, Amazon, PayPal, Amex, and Stripe for payments, to sell their products beyond their locations and receive payment in multiple currencies to be part of the taxable turnover. However, recording, accounting, and consolidating with these different Ecomm platforms having multiple currencies and taxation rules would seem a bit difficult. Don’t worry, we are here with the right knowledge and expertise to help you with reconciling and accounting for all these complex transactions to calculate the appropriate reportable tax to meet the taxation requirements and prepare the management reports and financial reports with analysis.
Our Support services include:
- Accounting Software Set-Up
- Bank & CC Reconciliation
- Payable & Receivable Function
- Inventory Management & Reconciliation
- Cash/Revenue/Expenses Forecasting
- Payroll & Superannuation
- Strategic Advice on Managing Revenue, Expenses, Cash Flow
- Management reporting
- Financial Ratios & KPI Reporting
- Monthly Financial Statements
- Budgeting Quarterly / Yearly
- Monthly CFO Advisory services
- Preparation and lodgment of Taxes return
Specialization
While an in-house professional accountant does not have to be someone who has full knowledge and experience of IFRS or GAAP accounting, they need to apply the standard costing procedure of the industry to set a value for the product and services offered at your organization.
Compilance
Specialized accounting and bookkeeping are non-core functions for some sectors, and it entirely focuses on providing the best service. It might be challenging to keep up with new regulations with a growing business, ending in non-compliance.
Big Data
Ecommerce, health care, and chain of hypermarkets are among such sectors where the volume of data on a day-to-day basis is voluminous. And so, it is a necessity for every business to set a proper system in place that allows them to record these data efficient
Why Outsourcing to Shaunglobal?
- Cost reduction of at least 50% of the in-house bookkeeping team.
- Standardized procedures and SOPs ensure work accuracy.
- We have expertise in using a wide range of add-ons and cloud base accounting software.
- Certified and highly trained accountants work under the direct supervision of CPAs and Chartered accountants.
- Established project management and client support system which helps in communicating very clearly and efficiently.
- Generally, reply to every query within the same day or maximum within 24 hours.
