How to outsource accounting using Zoho books
Zoho Books is a cloud-based accounting software that can be used to outsource accounting tasks. The software is designed to be user-friendly and offers a range of features that make it easy to manage financial information and collaborate with an outsourcing vendor. In this article, we’ll discuss how businesses can use Zoho Books to outsource accounting tasks and the benefits of doing so.
- Setting up the software: Before outsourcing accounting tasks, businesses must set up Zoho Books on their systems. This includes creating an account, creating a company file, and setting up the chart of accounts. Businesses can also customize the software to meet their specific needs.
- Sharing data with the outsourcing vendor: Zoho Books allows businesses to share data with their outsourcing vendor in a secure and compliant way. Businesses can share data by exporting it to a .csv file, which can be imported by the outsourcing vendor. Businesses can also grant access to their Zoho Books data to their outsourcing vendor by inviting them to their account.
- Collaboration: Zoho Books offers a range of collaboration features that make it easy for businesses to work with an outsourcing vendor. Businesses can grant access to their Zoho Books data to their outsourcing vendor, who can then make changes, generate reports, and communicate with the business. Businesses can also use the software’s built-in messaging feature to communicate with the outsourcing vendor.
- Automation: Zoho Books offers a range of automation features that can help businesses streamline accounting tasks. Businesses can set up automatic bank feeds, recurring invoices, and bill reminders, which can help save time and reduce the risk of errors.
- Reporting: Zoho Books offers a range of reporting features which comes very handy for multiple automated reports.
