Accounts Dept Outsourcing

Could bring you big savings!​

Outsourcing Your Accounts Department Can Lead to Significant Cost
Savings For Your Business!

Abtax offers entrepreneurs and corporations the option to outsource their accounting department – We will assign a controller and accountants to enter all your accounting information. We will do all reconciliations and Journals, produce timely financial reports also analyze and make recommendations to improve your financial affairs without the hassle of setting up your own accounts department.
As your company grows, we will assign more accountants to deal with the growth and you will have a fully computerized accounts department at our office, as seen in most larger businesses, but for a fraction of the cost!

Let Abtax Limited take the hassle out of managing your accounting affairs!

Leveraging Technology

24 hour Online Access To Your Account

Gone are the days of paper filing cabinet and waiting for information to come through from the accounting department.
Instead, say hello to the future accounting department today, with secure real-time online access and updates to your accounting information 24 hour a day, review your accounts and reports from anywhere with a internet access.

Now You’ve Got a Team of Professional Outsourced Accountants.

  • Having a team means that you wouldn’t have to worry
    about people leaving or getting sick, or to worry about
    hiring or training them we do that for you – and we do it
    better than any in-house accounting department we know!
  • HERE’S THE BONUS:… We have the taxation
    knowledge and skills and will apply this knowledge to
    your advantage to legally avoid high levels of taxes
    through our pro-active tax planning and advise, We are
    kept updated on tax law (old & new), Regulations and
    amendments to ensure that we have your backs
    covered at all times. So leave it up to us and you wont
    have to feel intimidated by the tax authorities, feel
    worried or scared if you are called on because we will
    always be on Your Side!

Once you become our client, we will seek to fully understand your business, its needs, and existing business processes - then we will establish the accounting processes to fit the goal of your company. You will never have to worry about accounting processes and tax returns, we will do everything according to your business needs.

As your outsourced Accounts Department we will:

  • Manage and maintain good accounting records
  • Accounts payable functions (record, categorize, and process bills for bill payments, reconcile payable balances, provide support to vendors for bills in question)
  • Accounts receivable functions (raise invoices from sales orders, record payment receipts, reconcile receivable balance) Account reconciliations (we make sure your bank and
    credit card accounts are accounted for and accurately recorded – this is so we can have good reporting and make sure there are no fraud nor errors)
  • Record payroll (We can also do your payroll from our office)
    • Track a lot of other accounting processes (like fixed assets, depreciation, debt, equity, etc.)
  • Your most valuable player on this team will be your dedicated controller who will bring your accounting records up to date in a timely manner so you can make truly informed
    business decisions.

The Controller will ensure:

  •  That the accounting team members are doing things right by reviewing and signing off on the work
  • Make the proper adjustments needed at month end so the financial reports are accurate
  • Track more complex accounting accounts such as asset depreciation, accruals, and equity
  • Budgeting and forecasting
  • Creating KPIs (key performance indicators)
  • Explain the financials reports to you at month end and answer your questions
  • Give advice on trends

Frequently Asked Questions

If you are conducting a business and do not want to be bothered with having accounting staff, a financial controller and the works, Abtax can provide all that service, all you will need to do is to supply the accounting records on a timely basis and we will take the stress off your back.

Many clients choose to have their accounts payable bills and accounts receivable remittances sent directly to our offices.
These documents are all scanned and placed on your secure server so that you may access them whenever you need to. Alternatively, documents can be faxed, couriered, emailed, snail mailed, or otherwise delivered to your bookkeeper, and will all be processed through our document imaging system and be available for review on your virtual desktop.

We are living an age of technology so documents can be scanned and email and /or the originals sent by courier, regardless of your location we service clients anywhere in Jamaica

Learn more about Abtax's
Accounts Dept. outsourcing Services

Accounts Dept Outsourcing Brochure.

Ready to take the next Step?

Get in touch today to schedule an appointment to discuss your accounting outsourcing needs.