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For More Information Contact: Ron Johnson
Office: 905-947-1872 – Cell: 416-576-8131
BPM Outsourcing 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 on-line bookkeeping information submission 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, have their personal tax return preparation and if the business is a corporation, corporate tax return prepared at the corporation 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 and support 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.
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