Accounting can be handled in-house. Alternatively, it can be outsourced. For a big company, it is easy to set up an accounting department and subsequently staff it. Setting up this department requires a lot of money. The department will require several fully furnished offices. There will be the need to purchase computers and other items. Accountants employed will have to be paid a salary at the end of the month. Computers and servers have to be maintained regularly. The office should be cleaned daily. Small Business For a small business,…
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