There are 2 Companies in Indonesia
that provide Bookkeeping Services!

By 2025, Indonesia’s digital economy is expected to contribute USD 150 billion to the GDP. To achieve the target, the Indonesian government is currently implementing a massive infrastructure development. 

 As part of the digital transformation, the government has launched several national programs among others are Go Digital Vision 2020, e-smart IKM, and 100 Smart City Movement. These programs aim to develop local startups, support small to medium enterprises (SMEs) as well as to prepare and embrace the internet of things (IoT).

Why working with Indonesian IT companies

What makes Indonesian IT companies and web agencies attractive is the way how young professionals have managed to adapt to new technologies and implement global business trends in their own business model. 

Currently, updating the company’s system is one of the factors that influence the success of a business. The more sophisticated the company’s technology, the easier the transaction process and faster time of its request process. This has an attraction that has become a trend in the Indonesian market nowadays.

What you should pay attention to when working with Indonesian IT companies

Even though the government invests in skilled professionals and the development of IT education, most of the IT companies and creative agencies from Indonesia lack experience and are predisposed to inefficient communication and project management. This can be challenging for potential foreign customers of the sector, but nonetheless, it contributes to the development of the Indonesian business environment.

How reliable are Indonesian IT companies

Despite e-commerce and fintech developments, Indonesia had the highest percentage of Cybercrime of a malware attack in the world (China was second with 21.26 percent). Malware is a particular problem in Indonesia along with spam and other types of email-based scams. But what Indonesian IT companies made, was transforming the challenge into opportunities, and developed the cybersecurity infrastructure, making the country well-known on the global stage as a trustworthy source of professionals and companies that can handle this type of threat according to Visiglobal online portal.

How does the Indonesian IT infrastructure relate to the region?

According to the Swiss Global Enterprise report from 2019, most of the contributors to Indonesia’s ICT import are from China and the ASEAN neighbors. Indonesia has received foreign investments and witnessed several joint ventures between foreign and local companies.

However, based on another report from the Australian Trade Commission, the Indonesian ICT market features intense competition from Korean, Chinese and the United States, players

Bookkeeping is the process used to record the financial transactions of a company. These services involve tracking how much money enters and exit a firm, such as payments from clients and payments to vendors. 

Did you know that bookkeeping accuracy is critical for company success? According to research conducted by a U.S. bank, 82% of small businesses fail owing to a lack of understanding and management of cash flow, highlighting the need for competent accounting.

Fact about Bookkeeping 

The profession of bookkeeping can be traced back to the 15th century when Italian mathematician Frater Luca Pacioli, known as the father of modern bookkeeping, introduced concepts like double-entry bookkeeping and other accounting systems that are still in use today.

Bookkeeping for every form of business requires various components and stages: 

• Documenting transactions

• Managing debits and credits 

• Processing payments and invoices

• Preparing financial statements (Income Statement, Balance Sheet, Cash Flow Statement, Statement of Owner’s Equity)

• Maintaining general ledgers

Bookkeeping offers the following benefits:

• Increased budgeting

• Simplified tax filing

• Ensuring IRS compliance

• Understanding seasonal business changes

• Monitoring financial metrics (revenue, costs, profitability, etc.)

• Gaining more operational time

How To Find a Bookkeeper

Bookkeepers manage a company's financial accounts, ensuring they are accurate and simple to understand. Their job is critical to the effective operation of a company, which might have many transactions in a single day, or over a week, month, fiscal quarter, or year.

At the moment, TechBehemoths has 25 Bookkeeping service providers. Choose a suitable provider based on their location, reviews, portfolio and hourly rate. Apply our platform filters, get in touch with them and create a contract outlining deadlines, rates, and expectations to ensure everyone is on the same page.

Also, you can submit your project, and we will select companies based on the project description, deadline, budget, and technical speciality for accurate matching.