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FAQs

A1. You have the following advantages:

  1. Your Accounts are available to you anytime, anywhere. The accounts are updated daily, if so required.
  2. Visits of an accountant/bookkeeper to maintain accounts are expensive, especially when you have a small company and bookkeeper is part-time.
  3. Online accounts obviate the need for your CPA to visit your premises to check the accounts, because he can check these online in his own office. So, you do not pay for the expenses of his visit.
  4. Low Cost. You stand to save up to 50% on what you are already paying to your bookkeeper.
  5. No office space required for your on-site accountant/ bookkeeper to come and work.
  6. Latest position of Accounts Payable/Receivable and Cash Flow  is available adding to your ability to manage your financial resources more efficiently.

A2.  All transfers of scanned images, account files, statements, checks  etc as well as entry in the online accounting software is done using SSL (Secure Socket Layer) 128 key encryption technology. Therefore, there can be no electronic eavesdropping/snooping over your documents at any stage on the internet.

A3.  CBS can host the same software on its servers for 24 hr online access by you. Alternatively, we maintain a copy of your accounts by running the same accounting software on our computer and all bookkeeping entries from scanned documents are made therein. The resulting accounts files are automatically retrieved by the client software running on your computer. So, the next day morning you have the latest state of accounts available in your computer when you open the updated accounts file.

A4.  There are nominal set up charges to cover the cost of starting a new account. Scanner as well as the software for automating file exchange is loaned to you by CBS and it is returnable if you do not use our services. If you fall within our service area, a representative from CBS will install the necessary hardware and software at your premises to make your system up and ready.

A5.  You have the option of hosting of your existing software application on the CBS servers. Further, CBS does not require any access to your computer. We just help you to automate your file retrieval and delivery processes to avoid you the hassle of forwarding and receiving the files. The 'client software' installed on your computer accesses our password protected server to deliver and pick up the files. You can configure it the way you like and can choose to upload or retrieve the files manually under your own supervision.

 
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