ACCOUNTING OUTSOURCING

==MARY SALGADO==

ACCOUNTS- There are lots of definition of accounts it depends on how you use it. Numerically or in the business terminologies it means that it is a record of financial transaction for an asset in any ways, and an agreement between two parties such as the seller and the buyer and there will a payment in the future.

ACCOUNTING- Means the process of recording, analysis and reporting the financial transaction of the business. In order for you to do this all things should be systematic from the start of the transaction until the payment has been done until to the data entry in the books of records, everything should be balance and authentic. The person who performs this is called an ACCOUNTANT.

OUTSOURCING-Means that taking somebody else to do the work for a person or for the company. Almost the same meaning as networking because you are also expanding your contacts to anywhere in the world.

ACCOUNTS OUTSOURCING-Refers to the process of making business using other people instead of doing it personally by the owner of the business. They serve as the middleman who is doing the negotiations in behalf of the company to make a profit. These people serve as the one looking for the prospect costumer and deal with the transactions and the main company only deal with the inquiries of their customers. On the other hand accounts outsourcing can be the one who provides the data or the information to the company in order for the company to meet the expectation of their customers.