Accounting & Bookkeeping

Want to reduce the burden of managing multiple accounts? Want relief for the salary cost of CPAs in the USA? Don’t worry, you have come to the right place! Now you can outsource your Accounting & Bookkeeping department entirely to our team of expert professionals at half the cost and enjoy huge profit margins.

Explore The Benefits of Outsourcing

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INTRODUCTION

Back office Accounting & Bookkeeping support service

Outsourced Accounting or Back office Accounting & Bookkeeping support service provides a complete bundle of Accounting services. We do it all — Adding day-to-day transactions in the books, managing accounts payable and receivable, financial reporting, preparation of cash flow statements and much more. Our services cover the entire scope of what an Accounting department handles.

A flawless and impactful combination of accounting and reporting is an important need of the hour. However, the scope of our services goes well beyond that —we offer better reporting of financial data, increased control and transparency, and a better capability to deal with the market changes. Legalwiz.in as an Outsourced accounting service provider guarantees a full spectrum of accounting services with the help of the most efficient and experienced accounting professionals at a shockingly nominal cost.

Stay on top of your Bookkeeping

Benefits of Outsourcing Accounting & Bookkeeping service

Expansion of your Business portfolio

By outsourcing your accounting work, a firm can manage more accounts at no further added cost. This results in increased profit margins. build a strong brand in the market without breaking your bank.

Significant cost deduction

The new business world requires firms to stay competitive. You can do it by reducing in-house costs and increasing profit margins.

Professionalism and timely delivery

The accounting job starts as information comes in. It is a regular cycle which leaves you with the updated records about your Finances.

Industry specific experienced staff

Outsourcing services helps you eliminate hiring costs and at the same time have a team of professionals who can seamlessly manage your clients’ accounts.

Advance Accounting tools

We firmly believe in being the best at what we do. Our experts are capable and have experience in using the most popular and effective softwares like QBO, QBD, Xero, Myob, Bill.com, Sage Intact, Oracle NETSuite, ADP, Fresh Book, ZOHO Books.

Software we are handy with

Simpler. Quicker. Better.

Why should you choose LegalWiz.in for outsource accounting?

LegalWiz.in offers the best outsourced accounting services to businesses in the US. Having the finest talent in the accounting industry, we are part of the fastest-growing economy in the world. Having experienced accounting staff enables us to perform any accounting task on time without a hassle

We do this by:

Having a regular consultation call with you to go through your numbers.
Helping you understand the numbers in financial statement.
Handling your work remotely with utmost accuracy with the help of our accounting team’s intellectual mind and diligent work.
Providing tailored outsourcing solutions.

Industries We Serve

E-commerce Businesses

Construction Firms

Real Estate Firms

Small and Medium Businesses

Non-Profit entities

Manufacturing Firms

Restaurant and Hospitality firms

Auto Care

Franchises business

CPA and Bookkeeping Firms

Others

What you get in Accounting & Bookkeeping service?

Accounts Payable and Receivable

Accounts payable and accounts receivable are the most important division of the business: When incomes and expenses stay in sync, the business can get a hold of growth opportunities. With proper AP & AR reporting helps a company to build and keep good relation with customers and suppliers.

Bank Reconciliations

While doing bookkeeping, bank reco is very important because it helps to reconcile the credits and debits of the business every month. This exercise ensures accuracy of the transactions, confirms the existence of transactions and helps in catching fraud and other errors in the Books of Accounts.

Payroll

We use our expertise to empower firms to make error-free payments to their employees without any delays. Partnering with LegalWiz.in will let you focus on your core business setup while we eliminate inefficiencies, reduce costs, and enhance your payroll processing skills.

General Ledger and Financial Statement Preparation

We help you in Preparing General Ledger and financial statements seamlessly. Our experts use the information from your previous statements and quickly develop your current financial statement. Additionally, if required, we also provide financial statement analysis and file quarterly and year-end statements.

Full-Service Back Office Accounting

We aim to be your one-stop accounting shop. We provide accounting and bookkeeping services for many different areas such as accounts payable, accounts receivable, bank reconciliation, financial statements, etc. From daily business operations to providing annual financial statements, we provide a full range of services.

White Label Accounting Services

We create a thriving ecosystem for accounting, bookkeeping, and CPA firms so that you can achieve your full potential. We always keep up with the changes in accounting, bookkeeping, and tax preparation. Partnering with LegalWiz.in gives you access to the expertise of certified and highly motivated accounting professionals who have experience with a wide range of industries.

FAQs

Frequently Asked Questions

How will outsourcing accounting benefit my company?

Firms across the country are facing the challenge of hiring, training, and retaining quality staff. With outsourcing, you can access experienced quality staff at low rates, and effectively deal with the situation.

How do you handle data security and client confidentiality?

Our office follows a paperless process with limited internet access. A reliable information security system is in place to ensure that you have a safe outsourcing experience with maximum benefits.

How do I share my work and information with you?

Since most of our projects are web-based, we can communicate and transfer files over the internet. When you communicate your project requirements to us, you can send us a brief description or a document. Our team will need your Remote Desktop details in order to work on your server.

What if I want to discontinue the service?

As part of our yearly contract, we have a 60-day term of convenience clause. If you wish to discontinue our services for any reason, we simply require written notice before we discontinue the service. Currently, we have a 90% retention rate.

What is your pricing structure?

Our fee structure is either an FTE model or a flat fee model. We can discuss it during our initial meeting. The rates starts at $13/hr.

What qualifications do your employees hold?

We follow strict guidelines when it comes to hiring staff. Every employee of ours has at least three years of experience in the US accounting industry with an attitude of problem-solving.

We take pride! Not in our work, but in your words.

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