For immediate Release
For More Information Contact: Ron
Johnson
Office: 905-947-1872
BPM Launches on-line Bookkeeping system
for Small Business.
TORONTO ONTARIO, CANADA.
October 1, 2005 -- BPM today announced the launch
of its on-line bookkeeping system for small
business. This will provide a low cost, easy to use,
convenient bookkeeping system that will allow small
business owners to have their bookkeeping done on a
monthly basis, instead of at year-end only, to
enable these entrepreneurs to employ big-business
tax and profit management to their business and the
bottom-line.
This on-line system will significantly reduce the
cost of hiring an in-house or part-time bookkeeper
to have their books done on a monthly basis, which
is usually the reason why small business
entrepreneurs elect to have their bookkeeping done
at the business year-end, instead of monthly, which
results in higher tax payable.
With this system there is no software to buy, no
software to learn or support and the virtual
bookkeeping clients will be able to do their
bookkeeping write-up information submission at any
time, 24/7 from anywhere where they have access to a
computer with an internet connection.
This service will give these entrepreneurs timely
big-business financial results reports on a timely
basis, which will make running their business
easier, more productive and professional. Clients
will receive a set of quarterly financial reports
designed to give more meaning to the business
bookkeeping information, tax implications and the
bottom-line. Quarterly reports include: Profit/Loss
statement – Cash Flow Statement – Break-even
analysis and Bank reconciliation report. In
addition, at the business 3rd quarter,
they receive a year-end tax planning projection
report of potential profit, tax payable and tax
planning recommendation.
BPM virtual clients will also benefit from our
timely tax compliance reporting service for GST/PST
and at year-end, personal tax return preparation and
corporation tax return at business year-end.
To enhance the cost savings to the clients, BPM has
established a low fixed fee all-inclusive service
system that will enable clients to enjoy cost
savings on bookkeeping fees of up to 40% or more off
what it would normally cost to have an in-house or
part-time bookkeeper provide similar services. Plus
with the big-business reports provided, real cost
savings will be significantly higher.
About BPM Outsourcing:
BPM Outsourcing is a bookkeeping and business
process management service company, specializing in
providing small business companies with an easy to
use, convenient and low cost bookkeeping and
business support, that will be more cost-effective
for their bottom-line, yet provide them with
big-business financial reports on a timely basis
that will bring more meaning to the bookkeeping and
tax management process and the bottom-line.
In addition, the company provides accountants and
accounting firms with a back-office bookkeeping and
tax data processing service, designed to help these
firms grow their bookkeeping client base without
having to grow their staff and service delivery
infrastructure cost.
www.bpmsource.com/onlinebookkeeping.htm
- 30 -
