Outsourcing has become an important aspect of any evolving businesses especially in the area ofbookkeeping services since it offers a company or a business venture a better view of their financial position. It is used to ensure compliance with taxing requirements, to notice tendencies which define cash flow state, and to carry out the budgeting. Bookkeeping also kept a clear financial record that reduces the possibilities of making mistakes and even fraud. In the case of small business, the professional bookkeeping service provider relieves the owner of business from having to do with the bookkeeping all day job. Furthermore, these services contribute to establishing credibility with regard to investors and creditors because of company’s financial solidity and proper management.