Step-by-Step Guide: Why You Should Outsource Accounting Accounting outsourcing means allocating all your financial obligations to an outsourced or outside accounting service provider, which includes payroll, tax returns, accounting & financial reporting. Using outsourcing, companies can take advantage of special knowledge possessed by outside auditors but are not required to have a full-scale internal accounting department, which enables them to focus on what they do best. https://paysquare.com/step-by-step-guide-why-you-should-outsource-accounting/