Outsourced Bookkeeping and Accounting Services

Lekhakar is the leading provider of outsourced accounting solutions in India. We provide customized accounting solutions for businesses of all sizes and across industries.

Our outsourced accounting firm offers a wide range of services that span management and virtual outsourced CFO services. Whether you are looking for onsite or offsite outsourced accounting for startups or small, or medium-sized businesses, Lekhakar is here to help.

Our expertise and client-centric outsourced accounting services ensure 360° business growth while cutting costs and staying ahead in India’s competitive market.

Our Services

We know that each business is different, as are their requirements. With that in mind, we provide tailored solutions that meet the needs of businesses of varying sizes.

For Startups

Our services include:

• Managing day-to-day transactions
• Ensuring accuracy and staying compliant with GAAP principles
• Bank and credit card reconciliations
• Data entry
• Payroll journal entries
• Timesheet entry for payroll
• Monthly inventory reconciliations
• Accounts receivable invoicing
• Accounts payable bill payments
• AP and AR aging review
• Filing sales and use tax
• Booking prepaid accruals (deposits, rent, retainers, insurance)

For Growing Firms

Our services include:

• Daily management of accounts
• Ensuring compliance with legal requirements
• Mail and email management
• Maintenance of records
• Management of invoices
• Inventory management
• Budget management and allocation
• Ensuring tax compliance
• Management of bank accounts
• Update accounting software
• Maintenance of security processes
• Payroll management
• Management of accounts payable and receivable
• Monthly reports
• Daily communication

For Established Firms

Our services include:

• Bookkeeping and accounting services
• Tax preparation and compliance
• Audit services
• Internal control
• Implementation of and adherence to policies and procedures
• Payroll processing
• Management of accounts receivable and payable
• Virtual assistance
• Year-end services
• Virtual outsourced CFO services
• CS services
• Controller services
• Control account reconciliations
• Preparation of financial statements
• Valuation
• Daily communication

We offer top-notch outsourced bookkeeping services to businesses of all size and scope. We aim to make your business sustainable by providing you with the data necessary to make informed and intelligent financial decisions. We ensure tailored outsourced accounting services for startups and established businesses alike, maintaining constant communication to keep our clients on track.

Why LEKHAKAR?

Lekhakar, one of the leading outsourced accounting firms in India, offers a complete range of accounting and bookkeeping solutions to businesses of varying scopes, spanning several industries. In India’s growing and competitive market, our services prove invaluable in cutting costs and ensuring sustainability. Our team of expert Chartered Accountants, Advocates, Financial Advisors, and Company Secretaries use years of experience and cutting-edge accounting technology to provide you with all the relevant data for growing your business.

FAQs

1. Why should I opt for outsourced CFO services instead of hiring a team in-house?

You always have the choice to recruit a team on your payroll. However, this process is time-consuming and drains resources rapidly. You need to recruit, onboard, and train your new hires and bring them up to scratch with the workings of your organization. With outsourced CFO services, you will get access to an entire team of financial and legal experts who will serve as an extension of your company, without you having to take on the hassle of training and onboarding.

2. I have just launched my startup. When do I need the services of an accounting team?

Absolutely. Getting an accountant is right up there on the list of first hires for your company. Outsourcing accounting services is an especially prudent decision if you are a startup; the budget is bound to be tight and you need to make sure that every penny is accounted for. With complete financial information, you will be able to ensure optimal utilization of funds. Plus, with an outsourced accounting firm, you don’t have to worry about the time and monetary expenses of hiring and training an entire team.

3. What are the tax requirements of a business?

Registered businesses in India have to pay a corporate tax of 30% (domestic businesses only). There are additional surcharges if the profits of the business exceed Rs. 1 crore. Outsourced accounting firms will ensure that you stay compliant with this tax requirement at all times.

4. Will your outsourced accounting firm help me with historical cleanup?

Yes, at Lekhakar, we will help your firm with historical financial information. We use cutting-edge software such as QuickBooks to remove unused or duplicate accounts, bring existing entries up to code and arrange and correct all entries. In short, our outsourced bookkeeping service includes complete streamlining and restructuring of all financial data.