VIRTUAL ACCOUNTING FIRM
OVERVIEW
Virtual accounting in simple words means a winning formula of combining accounting & technology under one roof. We are a technology focused virtual accounting firm which reduces the administrative and compliance burden faced by the businesses. Unlike the most accounting and book keeping solutions which merely checks the boxes of compliance, our proactive approach gives you various business insights like real return of Income, financial budgeting, cash flows and cost-benefit analysis.
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India is land of laws that means there is no shortage of business laws, tax laws, and other laws, however for start-ups, they are nothing but a necessary evil. Meeting these tax and legal filing & compliances is costly, time consuming & complicated too. However, not meeting the compliances is even more costly in terms of getting notice, penalty. Here virtual accounting comes for rescue by providing you with all the necessary accounting solutions & compliance of legal laws at affordable cost.
ADVANTAGES
Accurate Financial Reports
With systematic monthly closing process, you will obtain accurate and detailed financial reports in a well-timed manner.
Data Security
Working cloud based platforms ensures multiple layers of security. Our Security safeguards the confidentiality and security of client data.
Flexible Solutions
We provide flexible solutions based on the customer's specific requirements. We are able to adapt to the changing forces .
Latest Technology
Automatic bank feeds, simple reporting and online dashboards, Just like magic—we'll save your time by automating many of your repetitive tasks using our good hardware and software platforms.
Save Money
Eliminate the need to employ, train & pay an in-house bookkeeper. Accounting when outsourced can be done at a far more affordable price, effectively and efficiently than in-house.
Save Time
As a business owner, outsourcing your accounting operations, you can focus more on the core business development and operations.
HOW OUR SERVICES WORK
Simple Setup
Raise a query with us / contact us, so that we can get in touch. We will get to know about your business, explain you how we work and gather all the required information and documents we need from you.
Service Methodology
We will come up with an appropriate plan for your requirements. Using our expertise and tools you will receive real time solutions and experience true results.
Reliable Deliverables
Easily track your business health with real-time financial reporting. At tax time, we send everything you need to file or, let us do it for you. After which we deliver intuitive financial reports.
So It’s like accounting outsourcing?
As described in overview, It is much more advance than an Accounts Outsourcing. It will take care of all the compliances starting from accounting, Tax filings, Monthly Compliances to business insights such as Financial Budgeting, Cash Flow Analysis, Real Return of Income. The foremost challenge in outsourcing is to maintain confidentiality and control the data. We provide you all the work we have done for you at periodic intervals and all information is available to you 24*7.
Why It is Better than Current/Traditional Accountant Based Accounting & Tax Compliance System?
Current/Traditional based accounting methodology is person reliant rather than system oriented. It is prone to manual intervention, human error and has many constraints. Its obvious the basics of accounts doesn’t change however the approach and modern tools can keep you ahead in the business.
What all documents do I need to share?
If it is accounting services, then scanned copies all the purchase, sale, journal vouchers, payment vouchers, bank statements and other documents can be sent. Scanning can be done even through the mobile applications.
If I already have an accounting software at our organisation firm. can you use the same software?
We train continuously on commonly popular accounting software such as Tally, Zoho Books & QuickBooks. We will guide you to share the data backup of your transactions from your software and use the same software to process your books of accounts. The final data backup of your accounts will be shared with you.
What are the software platforms that you use for rendering the services remotely?
As aforementioned, for book keeping and accounting solutions we use Tally ERP 9, Zoho Books and Quick Books based on your preference and requirements. For remote access, we use Team Viewer and Any Desk. For online meetings and calls we use Zoom and Google duo. These are few platforms which we use apart from the other specialised tools such as Canva, Perfios, Wix etc.
Will my data be safe with you?
Absolutely, we work on the principles of Client Confidentiality. Your data is our responsibility thus we work with utmost caution & safeguards.
If in case I’m not happy and content with the services rendered by you?
We shall provide you the data back in the format which can be imported to any accounting package of your choice at ease.