External accounting services comprise the entire spectrum of operational accounting activities performed for a company by an external service provider. In the narrower sense, "bookkeeping" focuses on the complete and systematic recording of all business transactions, i.e. the posting of incoming and outgoing invoices, the booking of bank transactions and cash management. In a broader sense, it also includes accounts receivable and accounts payable as well as the preparation of advance VAT returns. Many small and medium-sized enterprises (SMEs) use these services to relieve themselves of routine administrative tasks, ensure compliance with legal regulations and access the expertise of accounting professionals. Collaboration requires a clear definition of interfaces and a smooth exchange of documents and data. The basis for this service is strict compliance with legal regulations, which is why the GoBD conformity in SAP Business One is an important prerequisite for the software used. While the service provider handles the operational accounting, the commercial management remains within the company. Add-ons such as the Versino Financial Suite The new system provides management with the necessary controlling and analysis tools to make well-founded decisions based on externally processed data.
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