For any organization, concentration on strategic business decisions and growth are very important. In order to facilitate that, they need to delegate its Business as Usual process.
Virtual Employee is nothing but an acting as Full Time employee of the Company. He will perform exactly the similar amount of work, with the same duration, with similar qualification and skill as compared with an actual employee in Australia.
Outsourcing allows companies to free their own staff from routine accounting operations and redeploy them for work that brings in more business or adds value to their customers.
Payroll requirements for every small business can vary greatly. Payroll process can be quite challenging and tricky to navigate as it deals with various awards and allowances, penalty rates, leave entitlements, etc.
Maintaining bookkeeping operations becomes increasingly difficult given the administrative expenses of running them.
As costs increase, more & more CPAs & Accountants are opting to outsource tax preparation service to minimize overheads.