Outsource your accounting process without losing visibility. CorporateWalla can support businesses with recurring bookkeeping, reconciliations, month-end close, receivables/payables, MIS reporting, financial-statement preparation and accounting-system processes, structured around the parts of the accounting function the business wants to outsource.
Outsourcing accounting is a service-delivery model, not a separate accounting standard. The underlying accounting treatment remains dependent on the entity, applicable accounting framework, transaction facts and reporting requirements.
Accounting outsourcing means assigning agreed accounting activities to an external service provider. Depending on scope, this can include transaction recording, bookkeeping, bank reconciliation, accounts receivable/payable, month-end closing, MIS reporting and financial-statement preparation.
Tax filings, audits, company-secretarial work, valuation and specialist advisory services should be separately identified unless expressly included.
Possible reconciliations include:
A recurring month-end close process can include:
Depending on the engagement, MIS reporting can include:
Annual financial-statement preparation can be separately scoped based on the applicable accounting framework, records and reporting requirements.
Support may include:
Specific software integrations should be technically verified before being promised.
The business retains some finance activities internally and outsources selected processes such as:
A broader engagement may cover most recurring accounting activities, subject to agreed responsibilities and approvals.
Suitable for specific work such as:
The engagement should clearly identify responsibilities, review controls and deliverables.
The service may be suitable for:
Outsourcing is not automatically the right model for every business.
A well-defined outsourced process can include:
Control design should reflect the size and risk profile of the business.
Bookkeeping is one component of accounting outsourcing.
An outsourced accounting engagement may additionally include:
The exact distinction depends on the agreed scope.
A Virtual Accountant is generally positioned around providing ongoing accounting personnel/support.
Accounting outsourcing is broader and focuses on transferring defined accounting processes and responsibilities to an external provider.
The two models can overlap and should be scoped clearly to avoid duplicate services.
Accounting outsourcing focuses primarily on accounting operations and reporting.
Virtual CFO support may involve higher-level financial planning, forecasting, management decision support and other strategic finance activities.
Neither model guarantees profitability, fundraising, valuation improvement or business growth.
Startups may outsource:
See Startup Accounting.
E-commerce businesses may need additional processes for:
SaaS businesses may require:
See SaaS Accounting.
Potential accounting environments include:
Software capabilities and integrations should be confirmed before implementation. Moving systems? See Tally to Zoho Migration.
Accounting outsourcing is scope-based / customised.
Pricing may depend on:
Existing general bookkeeping or virtual-accountant packages do not automatically apply to outsourcing engagements.
Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.
Timeline: Quoted on the processes outsourced
Timeline: Quoted on transaction volume and entities
Timeline: Quoted per project
Every price above is a professional fee, excluding GST and government charges. 50% on delivery.
Accounting outsourcing is quoted on scope. Pricing may depend on monthly transaction volume, number of entities, bank accounts, GST registrations, payroll, inventory, payment gateways, reporting requirements, accounting software, historical cleanup and the required review frequency. Existing bookkeeping or virtual-accountant packages do not automatically apply to outsourcing engagements.
Identify the activities to be outsourced, accounting system, transaction volume and reporting requirements.
Define data sources, responsibilities, review points, approval workflow, reporting frequency and escalation process.
Review existing books, opening balances, reconciliations and unresolved items.
Perform the agreed bookkeeping and accounting processes.
Reconcile control accounts and review exceptions.
Complete agreed closing schedules and reports.
Deliver the agreed reports and outstanding-item summary.
Review recurring issues and refine processes where appropriate.
Tell us your requirement, a CA will call you in 30 minutes.
Partial, full or project-based engagements, structured around the parts of the accounting function you want to outsource.
Defined review points, approval workflow, exception reporting and an outstanding-item summary with each reporting cycle.
Reconciliations, month-end close, balance-sheet schedules, MIS and financial reporting can sit in the same engagement.
Role-based responsibilities, access controls, closing checklists and document retention, sized to the business's risk profile.
From ₹4,999 • Monthly
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From ₹2,499 • Monthly
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From ₹4,999 • Monthly
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From ₹49,999 • Minimum 6 months
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From ₹9,999 • Monthly
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From ₹7,999 • After assessment
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From ₹7,999 • Scope-dependent
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From ₹14,999 • Scope-based
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