Outsourced Accounting

Starts at Rs. 18000/- p.a.

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Outsourced Accounting Services

A long-term contract with accounting outsourcing company reduces the cost of functions that aren’t directly related to your business. If you’ve found that you’re spending too much time and money on accounting, other aspects of business are being neglected, or you could use professional expertise from accountants, then outsourced finance and accounting services are the perfect solutions to your business. It saves your time you spend on your accounting and allows you to concentrate on your core business activity.

Why should you outsource accounting?

When you do a search for “accounting services near me”, you are looking for a local accounting service professional who can tackle complicated business needs. But with help of today’s technology and tools, you are able to connect with the best. We are able to handle large, complex accounting tasks as well as meet over video chat to discuss your business. Now you get all the relationship advantages of local accountant plus the expertise of talent, and tools of one of the best accounting services company.

The Accounting Outsourcing movement in India

The Accounting outsourcing services were not so famous in India when we started in 2001. The technology was not there to support virtual relationships. But the things have changed now! That’s why so many businesses have hired an outsourced accountant instead of an in-house accounting team.

Benefits of Outsourced Accounting Services

80% of the businesses who use outsourced accounting have more time for their core business.

Businesses are not worried about mistakes as the accounting is handled by qualified team.

Outsourced accounting save cost and make your business more profitable.

Accounting outsourcing is no longer a trend – it’s how the best accounting services are being provided. That’s a bolt statement, but here is why it is true: They have access to resources that are unavailable at a local level to small businesses. How? Staff is the biggest factor. Ofin hires its staff after passing through proper hiring process. The team includes the best accountants supported by qualified Chartered Accountants, Company Secretaries and Lawyers to take care of your accounting and compliance.

Get the best outsourced accounting services

Your business is special – no doubt about it. It takes the kind of attention that only a top accounting service can provide. It’s vital that you get paid on time by your customers and that your bills are paid on time. After all, your livelihood depends on it. That’s why we have fine tuned out outsourcing accounting services for almost two decades. Since 2001, we have worked with hundreds of small businesses in India to save them time and money. That’s why we work so hard to make sure our staff is ready to handle whatever you’ve got.

FAQs on Outsourced Accounting Services

You might have questions before you switch your company over to our accounting services. Feel free to contact us and ask as many questions as you like, we’re happy to help.

Here are answers to the most common questions we get asked about outsourced accounting.

Why should I use outsourced accounting services over an in house accountant?

We usually cost 40% of what you pay to your in house accountant.

Unlike in house accountant, accountant at Ofin is supported by qualified Chartered Accountant.

How long does it take to setup outsourced accounting services?

Depending on the condition of your books, it takes as little as two weeks to setup your accounting services. If your books are not written till current date, then our accountant will need to organize them before we can proceed with your day-to-day work.

What should I pay for accounting services?

Most accounting service providers charge on per entry basis for their services. However our unique price packages for small business are based on turnover. We have fixed price packages for small businesses upto turnover of Rs. 1 crore, starting at Rs. 1500/- per month. For businesses above Rs. 1 crore of turnovers we provide customized package where a lumpsum amount is charged based on volume.

How do we send our documents to Ofin?

There are several ways to send documents to us. We use Google Drive and Dropbox to make things easy for you. We can also send our person to your office to collect documents in a sealed box.

Is this only for small businesses?

No, even businesses having turnover of more than 100 crores are our clients.

Why should I use outsourced accounting services over an in house accountant?

We usually cost 40% of what you pay to your in house accountant.

Unlike in house accountant, accountant at Ofin is supported by qualified Chartered Accountant.

Are there setup fees?

If your books of accounts are updated till current date, there’s no fee. If they’re messy when you start with Ofin, we can help you update them for a one-time-fee. We’ve helped a lot of businesses to clean up their books and will do the same for you.

How do I access my accounting software?

We use QuickBooks online for accounting of service businesses besides Tally ERP. If you choose your accounting software to be QuickBooks, you can access it from the Internet. In case your accounting is done on Tally ERP, we can share your account copies on email in .pdf format or share backup of your account which can be opened on Tally ERP software.