An outsourcing book keeping service is a very efficient option for many small and medium sized businesses.  But many business owners bulk at working with an outsourced bookkeeper due to some myths that they probably still believe.
Myth:  Big businesses can only afford to outsource.

Fact: Outsourcing of accounting functions used to be the prerogative of big business. Now with better sharing options, virtualized books, web based accounting packages and more, small businesses can work daily with their outsourced bookkeeper to keep information up to date and keep control of their information.

Myth:  Accounting Outsourcing is not reliable.
Just as with hiring an on site employee, you have to be careful about interviewing and setting standards to ensure you get someone that you want to work with.  The best virtual bookkeeping firms are going to become a part of your team and do a great job.

Myth: Complex IT integration is essential.
Every year the tools get better.  It is now possible to set up a virtual bookkeeping software in minutes.  You will be surprised at how easy it is now, whether you use Quickbooks Accounting Software or another option.

Myth:  Outsourced Accounting leads to job cuts

At Dashboard Accounting, all employees are employees in the US and working under the close supervision of a virtual CPA.  Even with the higher wages vs overseas, it is still a big cost savings to businesses because they get a team that is optimized to meet the needs of the business and do the job at a fraction of the cost of a full time book keeper.