| Is the outsourcing fee justifiable for small companies like ours? |
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Question: We are a small company with a few staff. We can hire 3 internal accountants instead of hiring you, and the internal accountiants can be utilized for other works. Therefore, we think that outsourcing is notcost-effective. As you know, total costs for a staff are not only his/her salary but also other general costs. For example, salary of a staff is 3 millions/month, in actually; he/she receives about 9-12 millions/month with occurred costs. In this case, you will realize that accounting outsourcing is not as much as using your own internal accountants. Additionally, you will have your accounting works done with higher quality and in a professional manner. Concerns on data, book keeping, compliance reporting should be left for a professional and trust worthy partner.
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