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Virtual Accountant: A cost-effective alternate to hiring an Expensive Local Accountant


The accounting sector has evolved a lot with technology, with lesser human error, fasting accounting process, and efficient process. Service provided by an in-house or your local accountant has also evolved over time and is now available in a more accessible form – Virtual Accountant or what is also known as an online accountant. If you are a business person who strives for perfection and values your time while making sure you adopt an efficient process for your business, you might have already heard of the term virtual accountant or online accountant by now. And some of you might already be using a service from a virtual accountant service provider.

A virtual accountant is the best possible alternative to a local or in-house accountant as it cost you less. It helps you cut overhead expenses and cost on expensive accounting software. At the same time, it provides you additional as well as all the services provided by local or in-house accountants. Hiring a virtual accountant from a virtual accountant service provider will also eliminate the headache of selecting an expert and professional accountant. The former will choose only experts for their firms, and these experts will serve you with the best service. You can be expected to be served by a team of chartered accountants, finance experts, and experienced bookkeepers.

It is like hiring online chartered accountant services because most providers have experienced chartered accountants in their team, just like how we do in Whiz Consulting. We have a team of professional and experienced chartered accountants who can help you with a better accounting process. Our virtual accountants in India have served numerous clients based in Delhi, Mumbai, Bangalore, Pune, Hyderabad, and other cities in India.

Our Virtual Accountant Service


Accounting & Bookkeeping Services
  • Bank & CC Reconciliation
  • Managing Accounts Payable & Accounts Receivable
  • Inventory Management & Reconciliation
  • Payroll Preparation & Payments
  • Accounting Standard Complaince
  • Producing Financial Statements
  • Producing Financial Statements at Department/ Branch/ Geography/ Resource/ Customer/ Shipment/ Product Level
  • Financial and Variance Analysis
  • Project Based Accounting & Analysis
  • Consolidation of Accounts
  • Ad hoc task
Taxation
  • Calculating Payroll Taxes & Payments
  • GST Calculation and Payments
  • GST Returns Filing
  • PF & ESI Payments
  • Professional Tax Calculation and Payment
  • Preparing & Planning of Taxes for Individuals, LLP, Partnerships, Pvt Ltd & Public Ltd Co.
  • Filing of Income tax Return
Advisory
  • Business Setup Assistance & Advise
  • Cash/Revenue/Expense Forecasting
  • Budgeting Quarterly/Annually
  • Developing industry specific KPI/MIS reports
  • Benchmarking & Industry Comparative Analysis
  • Producing Annual reports
  • Financial Modelling
  • Business Valuation
  • Strategy meeting on managing revenue.

Our Accounting Meter

100+

Serving Clients

5000+

Invoices Processing Per Month

15000+

Bank & CC Reconciliation in a Month

250+

Completed Projects

Why Hire A Virtual Accountant with Whiz Consulting?


Qualified Human Resource

Team of Certified CA or a Master’s degree in Finance with a minimum of 3 years of experience

Comply to AASB

Our online accountant makes sure to comply with Indian Accounting Standards, IRFS, and Indian GAAP

Minimum Supervision

Our experts can work independently with minimum supervision and training from your end

Excellent Communication Skills

All our accountants have excellent communication skills and are fluent in both written and verbal English

Automation & Artificial Intelligence

We make use of the right Automation & AI tools and simplify complex processes

Cost-Effective

We have clear and transparent pricing, and we can assure that we always adhere to promised timelines.

Decade of experience

We have experience of over a decade working with Indian businesses and global businesses alike.

Multiple Software Expertise

Our experts make use of popular accounting tools like Tally, Busy, QuickBooks, and much more.

Select the Option That Suits You Best


Start-Up

  • Dedicated Bookkeeper
  • Highly Experienced Accountant
  • Bank & CC Reconciliation
  • Accounts payable & Receivable Function
  • Payroll Calculation & TDS/PF/ESI Payments
  • Filing of TDS Return
  • Filing of GST Return
  • Filing Yearly Tax Return
  • Monthly Balance Sheet, Profit & Loss Reporting
  • Financial Ratios Reporting
  • Monthly Cash flow Reporting

Growing

  • Dedicated Bookkeeper
  • Highly Experienced Accountant
  • Bank & CC Reconciliation
  • Accounts payable & Receivable Function
  • Payroll Calculation & TDS/PF/ESI Payments
  • Filing of TDS Return
  • Filing of GST Return
  • Filing Yearly Tax Return
  • Monthly Balance Sheet, Profit & Loss Reporting
  • Financial Ratios Reporting
  • Inventory Management & Reconciliation
  • Budgeting Quarterly/Yearly
  • CFO Advisory once every Qtr
  • Planning for Taxes

Established

  • Full time Dedicated Bookkeeper
  • Highly Experienced Accountant
  • Bank & CC Reconciliation
  • Accounts payable & Receivable Function
  • Payroll Calculation & TDS/PF/ESI Payments
  • Filing of TDS Return
  • Filing of GST Return
  • Filing Yearly Tax Return
  • Monthly Balance Sheet, Profit & Loss Reporting
  • Financial Ratios Reporting
  • Inventory Management & Reconciliation
  • Budgeting Quarterly/Yearly
  • Cash/Revenue/Expenses Forecasting
  • KPI Reporting
  • Strategic Advise on managing revenue, expenses, cash flow
  • Planning for Taxes

Benefits Provided by Whiz Consulting’s Virtual Accountant Over In-house Accountant


Benefits

Whiz Virtual

Accountant

How Does Our Virtual Accountant Service Help Businesses Succeed?

Your books are our responsibility once you outsource with us. We make sure you have every detail of your accounts and business finances as and when you require them, right at your fingertips all year round. We help our clients to focus on their overall business growth while we take care of their financial planning and financial health. Check out our video to more about how we work with our clients and help them set up their business for success.

Read More

Our Process

Avail our virtual accountant services and use expert consultation to help you increase your business efficiency and improve your financial health.

  • Establish
    Contact

  • Understanding
    Requirements

  • Work
    Proposal

  • Pricing and
    Contracting

  • Start
    Delivering

Hire a Virtual Accountant For Your Accountant


We have been providing virtual accountant services in India for a long time now. You can hire chartered accountant online from us. We fully understand that when a business prospers, the volume of the accounting work also increases drastically, and the need for hiring an expert is evident. We make this easier for you by providing all the services online through our virtual accountant services.

The business world has shifted everything to virtual and started implementing all activities that can be performed virtually and taken full advantage of all benefits it offers. If you want to be part of this emerging trend, then avail a virtual accountant service today. We use our experience and knowledge of all the popular accounting tools like Tally, Busy, Marg ERP, QuickBooks, Zoho Books, and many more and help businesses simplify their accounting process. All the services we offer are customisable to fit the need of your business. Once you outsource with us like dozens of other clients in India, we will make sure that you can focus your time and effort on your core business activity and set your business up for success. You can also get help setting your business presence globally as we have experts who have worked for international business and have knowledge of different geography accounting.

Frequently Asked Questions (FAQs)


Hiring a virtual accountant to help you streamline your business finance. They can help you in all your accounting processes which usually a traditional accountant takes care of. However, on top of your day-to-day accounting work, they also assist you with the strategic financial decision-making process and even provide advisory services for business expansion so that your business can grow to its maximum potential.
One significant difference between a virtual accountant and a traditional accountant is that virtual accountants are way more effective and less expensive than hiring a traditional accountant. Also, a virtual accountant is proactive, while a conventional accountant tends to be reactive.
Hiring a virtual accountant is one of the best decisions you can make for your business. Not only does it help cut your overhead expense, but you also save on time in the hiring process. A virtual accountant does a lot more than you can imagine. Given the fact that they work virtually, they work with multiple clients globally, which is helpful if you want to take your business to a global level.
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