Why India is the right choice for offshoring?
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Hire the best Bookkeepers
Save and hire remote Bookkeepers
A seasoned Bookkeeper can perform important work such as entering invoices, paying accounts, recording revenues and expenditures, controlling payroll, preparing balance sheets, and reporting taxes. They can guarantee that the business does not have to pay a hefty price in penalties, fines, and even mistakes in relation to wrong processes or missed timelines. By using this method entrepreneurs can keep a closer eye on deductible expenses and cut down on taxes. Bookkeepers assist in guaranteeing that most key decisions made in any organisation are based on facts, not on guesswork.
Why pay £2,500 when you can pay £694?
Hiring a Bookkeeper should be quick and affordable. At Black Piano, we work with you to find, hire and manage top talent from India, costing just £694 per month for executive roles. You can enjoy huge savings of up to 72% compared to £2,500 in the UK.
How do we do it? India’s large educated population, lower cost of living and favourable exchange rates make it easy to hire great people affordably. UK hiring costs are soaring, and with increases to minimum wage and Employers National Insurance (NICs), offshoring with Black Piano is the smartest way to control costs and protect margin.
We manage everything, from recruitment to payroll, compliance to HR, so you can focus on growing your business while keeping costs low and profits high. Partnering with Black Piano will revolutionise your bottom line so you can get back to enjoying or re-investing your hard-earned profits.
Role seniority
UK salary
India salary
Saving
Executive
(1-4 years)
(1-4 years)
£2,500
£694
72%
Senior
(4-8 years)
(4-8 years)
£3,333
£1,157
65%
Manager
(8-12 years)
(8-12 years)
£3,958
£1,620
59%
Why hire a Bookkeeper?
Save time and stress
Bookkeeping is generally regarded as a necessity but can eat up an unreasonable amount of time that otherwise could be used in developing the business. Hiring a qualified Bookkeeper enables one to delegate the bothersome and time-consuming activity of tracking expenditures, auditing accounts and even payrolls. This not only helps one spare some time in their schedule, but also reduces the pressure of stress deriving from the need to maintain certain financial records. An efficient Bookkeeper will help in managing such tasks efficiently to reduce the chances of making errors which may turn out to be expensive. To ensure all the transactions are analysed and recorded correctly hire a complete finance team or hire a financial manager and accountant for support.
Keep financial records in check
Every business operator needs to keep track of the operations of the business to assess its wellbeing. A Bookkeeper is a person whose job is to record these financial transactions, be it sales or purchases or any other expenditures, without fail. This provides a systematic and clear record that can be used for any purpose in the future; be it decision making, audit, or tax returns. In other words, accurate record-keeping means that it will not take time to prepare the profit report, loss report and other important business statistics concerning how the business was doing. In addition, accurate management of books of accounts ensures that such problems as cash flow deficits or delays in payments do not occur, thereby maintaining healthy finances.
Safeguard tax compliance
For a business owner, every tax regulation present poses an easy to very daunting task or complexity. A professional Bookkeeper is not just helpful in arranging your finances throughout the year, but he also sees to it that his clients abide by the up-to-date tax requirements for their businesses. They not only record every expense, but each income generated and everything else that will be needed so that when it comes to taxes, everything is ready. This reduces the chances of mistakes that may result in an audit or fines from HMRC. Furthermore, an experienced Bookkeeper might assist you in claiming certain deductions, allowances or reliefs that can help you lessen your tax bill so you do not have to part with too much of your earned.
Management of cashflow
The hardest and most significant obstacle to a business is quite often, if not always, the management of cash flow within the business. However, cash flow management, if done badly, can sink even the most profitable of businesses. A Bookkeeper will assist in making sure that cash flow is looked after and kept healthy all the time. He can perform reviews on the invoices, ensuring that he makes the payments on the due dates and also collects all the due payments from all clients at an appropriate time. A Bookkeeper can help avoid cash flow problems relating to slow pay of clients or slow invoicing with their management of incoming and outgoing payments.
What do Bookkeepers do?
Bookkeepers manage the daily financial transactions of an organisation, recording its income, expenditures, pay checks, and invoices. They make sure that accounting records are accurate, reconciled, and provide clarity on cash flow. They pave the way for a structured financial data environment, which is later used by the accountant to create reports, analyse trends, and/or for tax purposes.
How can a Bookkeeper support your business?
A Bookkeeper aids the businesses in making the financial management smooth with the transaction recording, maintenance of the records and reconciling accounts. They assuredly reduce stress through compliance administration with the regulations to improve cash flow visibility and timesaving. This enables them to concentrate more on growth and stay organised and prepared financially for tax submissions.
How to hire the best Bookkeeper?
For hiring best Bookkeeper, contact Black Piano. Tell us what you are looking for and we will find the perfect candidate for you from India. Our HR team is experienced in finding the right Bookkeeper with technical and cultural skills you need. Our support doesn’t end with finding but as their legal employer, we will also manage and hire them. From making contracts to managing leaves, we handle it all, so you don’t have to. If you want to hire best talent within your budget- Connect with Black Piano!
What are the qualifications/certifications required by a Bookkeeper?
One may hold a diploma in accounting or a qualification from the ICB besides the AAT (Association of Accounting Technicians). Experience using programs such as Xero or QuickBooks is important. Further qualifications, ideally ACCA foundations or professional certification, would add credibility so that your bookkeeper could handle a wider variety of complex tasks with high accuracy.
We handle it all
We quickly find top talent for your business and employ them on your behalf, but they still work solely for you! We do all the extra admin that comes along with recruitment and employment, such as supplying laptops, managing payroll and handling HR responsibilities. We told you we're awesome.
Find
Looking for a talented professional can sometimes feel more of a challenge than finding a needle in a haystack. This happens especially in the case of specialised positions like that of a Bookkeeper. We do not let this stress you out. Whether you need basic bookkeeping services to ensure that financial records are kept up to date, accounts management or preparation of tax returns, we find Bookkeepers who meet the technical requirements, and much more importantly for your business, the cultural requirements.
Hire
After choosing the right Bookkeeper, we will help you in hiring him. From making contracts to negotiating on salary and other HR administrative duties, all will be done by us. As their legal employer, we will take care of all laws, background checks and other necessary things and this allows you to receive the skills without the demand for them legally or wanting to deal with the processes of managing that person’s work.
Manage
Want to ensure your Bookkeeper is paid without delay? That is under control. Do you have any problems dealing with sick leave, annual leave or retirement benefits? We manage such HR issues as well. The integration of new personnel is more than giving them the laptop and work. There is a constant administrative burden that we control and manage, which includes attendance management system, payroll, taxes and the law related to employment.
Clients we’ve helped
Black Piano brings deep expertise in building and maintaining offshore teams with best-in-class people, processes and culture. Very quickly, they have become a fundamental part of our company and have influenced greatly our IT delivery milestones.
Fabiano, CEO
Parabellum RE
Working with Black Piano as our strategic resourcing partner has been an absolute game-changer for NFS Technology. When we embarked on the development of a completely new solution, we knew we needed a team with precisely the right skills to bring our vision to life. Black Piano stepped in seamlessly, expertly setting up a brand-new team tailored to our project's unique requirements.
Seraj, Senior Director Product
NFS Technology
With Black Piano, we have built an offshore team of dedicated and talented individuals who have completed multiple MVPs in exceptional time and quality. Black Piano deeply understand our needs, going above and beyond to connect us with the right candidates.
Charlie, Portfolio Manager
New Future Ventures
We started working with Black Piano only 6 months ago and in that time we’ve built a team of 23 performance marketing professionals. When I met Black Piano, I wanted to set up an offshore team, and I was thinking about going it alone. Give Jonathan a call, and let him and his team guide you through the process. The speed they work is exceptional, their pricing is fair and transparent, and the additional support we get is invaluable. We’re true partners!
Nathan, CEO
Make Me Local
The Black Piano partnership is reliable and efficient, and has resulted in our ability to deliver timeously to our clients. The best value in the relationship comes from the continual interaction with Jonathan and Abhishek. It is very easy to work with them as they are accommodating to our business needs during challenging situations. This has undoubtedly created a winning formula for success.
Steve, Operations Executive
Altron
Black Piano has been a game-changer for our company, leveraging their expertise and knowledge to source the best talent while saving us a significant amount of time on recruitment, interviewing, and management. Their services have been invaluable in helping us streamline our operations and achieve our business objectives.
Luis, Managing Director
Parabellum RE
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FAQs
Should you hire a Bookkeeper or do it yourself?
You should hire a personal Bookkeeper rather than doing it yourself.
Is an Accountant better than a Bookkeeper?
Accountant manages the complete finances of the company, however Bookkeepers only manage certain accounts and transactions.
Can a Bookkeeper do tax returns?
Some of the online bookkeeping experts can file tax returns. Before you book any services, confirm the skills required.
Is it worth paying a Bookkeeper?
Yes, they are worth your time and money. Hire offshore Bookkeepers to save money and keep your business running around the clock.
What are the benefits of hiring a Bookkeeper from Black Piano?
When you hire a virtual Bookkeeper from Black Piano, you will be getting the desired skill set, affordable rates and best talent.
