What does the term offshore accounting staff mean?
Offshore accounting staff refers to employees who work for you but are located in a different country such as India or Philippines and work remotely for you. This option is often used by businesses to take advantage of lower labor costs, easier employee availability or other benefits offered by the offshore country. Offshore staff can complete a wide range of tasks, accounting, bookkeeping, accounts payable, receivable, tax preparation, payroll, audit and more..