Virtual Staff for Accounting Firms

• Your hire accountant(s) – at our office in India
• Accountants can be hired on a full time basis
• These accountants would work exclusively for you
• You direct their everyday, weekly and monthly tasks
• We will manage these accountants (HR, Payroll etc.,)

• Junior accountant (Bookkeeper level) = £1249 per month
• Accountant (part qualified, 5+ years experience) = £1499 per month

• Journal entries
• Bank reconciliation
• Accounts payable
• Accounts receivable
• VAT returns
• Payroll processing
• Company secretarial

• All jobs a junior accountant can do
• Trial balance
• Year end accounts
• Management reports
• Tax return preparation
• Budget and forecasting
• Self-assessment tax returns

• All jobs an accountant can do
• Year end accounts review
• Management accounts
• Audit file preparation
• Accounts review
• Tax returns review

Now more than ever is really a struggle to employ good quality staff accountants who are dedicated to the growth of your accountancy practice. Even if you manage to recruit a few it costs a lot of money. This is the primary reason why many accounting practices hate to expand even where there is a good scope of expansion.

Now you have a real chance to easily manage your expansion with virtual accountants. You can start with one or two people or instantly build a large team. You can even pick your own team by conducting interviews and by testing their skills.

The current economic climate isn't conducive to adding more expenses to your business. However, acquiring new clients remains crucial, and now might be the ideal moment to strategize for growth. You can efficiently plan your expansion by leveraging virtual accountants.

By utilizing virtual accountants, you can prepare for growth without the need for capital investments or additional overhead expenses. You can even assemble a dedicated team comprising bookkeepers, accountants, and account managers. This team will work exclusively for your business, with you directing their efforts. It's like having your own offshore team. Utilizing such a virtual team can reduce your costs by 60% or more while boosting productivity by 30% or more.