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How Much Do Bookkeeping Services Cost in India ?

Bookkeeping is important for business to understand business growth , follow Tax Law, Budgeting etc. Bookkeeping is foundation for generating reports for business growth. Hence its important to book each transaction with accuracy and expertise. Before you engage and bookkeeping company its important to understand monthly bookkeeping fees in India.

The Bookkeeping expert is selling his time and expertise to you. Hence bookkeeping fee structure in India is combination of time , expertise , current situation of records etc. Right from setting up Virtual bookkeeping software to Project basis bookkeeping price packages are available. When considering outsourcing bookkeeping, many businesses are keen to understand bookkeeping fees in India. The question, how much do Indian bookkeeping services charge? often comes up, and the good news is that bookkeeping services cost in India is typically much lower than in many Western countries. Bookkeeping pricing comparison India shows significant savings, making it an attractive option for businesses looking for low-cost bookkeeping services in India. With a range of budget-friendly bookkeeping India solutions available, companies can find high-quality, reliable services at a fraction of the cost they would pay locally, allowing them to improve financial management while reducing operational expenses.

India Bookkeeping Services Starts at $ 8 Per Hour. 


Factors to determine bookkeeping fee structure

  • Volume of Transactions
  • Industry background
  • Reporting requirement
  • Whether you have employees
  • Current situation of Books
  • Number of Bank Statement
  • Number of employees

Bookkeeping Services in India

Following are popular services provided by an Bookkeeping company.

  • Setup Bookkeeping Software
  • Bank & Credit Card reconciliation
  • Accounts Payable
  • Accounts Receivable
  • General Accounting
  • Reporting to Business owners/ CPA
  • CPA Audit Support
  • Payroll processing

4 Bookkeeping Price Packages In India

#1 – Fixed Fee Services

This Fixed Fee service mode is beneficial for companies who have decent number of financial transaction on monthly basis. For continuous project its most beneficial. An Amount will be fixed on scope of work , time requirement etc. Key benefit it that you it’s a fixed cost and you can manage your bookkeeping budget.


#2- Hourly Bookkeeping Fees

This is called “Pay As you Grow Model” most of start-ups and small business who have less transaction prefer this mode. You can hire an bookkeeping export for few hours and pay for that only. Get bill for only number of hours spent on project. Bookkeeping Hourly Fee schedule in India starts with $ 7 Per Hour.


#3- Bookkeeping Setup

First step in Bookkeeping is setting up Virtual Bookkeeping software. Software shows bookkeeping reports on basis of initial setup. Correct report from software helps you to understand Growth of business. This is one time bookkeeping fee is billed on basis of Project

  • Install Virtual Bookkeeping Software
  • Create Master Profile
  • Setup Charts of Accounts
  • Fill Opening Balances
  • Invoicing Setup
  • Link Bank Account

#4 – Project Basis

Bookkeeping price packages in India for Project basis model varies from client to client. For Example you want to clean up past bookkeeping records of one year in month time. This is where requirement is different with stipulated time. Get an bookkeeping export as per requirement of project.


How Much Should One Pay for Bookkeeping Outsourcing Company?

Bookkeeping is service oriented Industry where fees for bookkeeping depend on various factors such as Size of Company , Onsite , office site bookkeeping, number of monthly transaction etc. Duration of engagement. To arrive at Bookkeeping charges business owner need to determine need as per Week Basis , Daily basis or project basis. After that decide hire an accountant on full time basis or part time basis. Usually form startups and medium size business part time bookkeeping is recommended. Hire an full time accountant when business is stable and have number of financial transactions on day to day basis. After considering above factor one should arrive at pricing for Bookkeeping.


What is Saving by Outsourcing Bookkeeping to India ?

 

By Outsourcing Bookkeeping To India you can cut down cost of infrastructure ,salary, employee benefit , training. You will havequick access to skilled team with customer support. Virtual bookkeeping with flexible pricing options are available in India.

  •  Saving on Infrastructure
  • Saving on Admin Cost
  • Saving on Employee Salary
  • Saving on Employee Benefit

Do you want a dedicated Bookkeeping Team?

We as Global Accounting Professional provide bookkeeping services. Our Pricing packages are from monthly bookkeeping packages to hourly. Get a dedicated team that exclusively works for you, contact us with your detailed requirements. Out bookkeeping rate starts form $ 8 Per Hours


When it comes to services such as bookkeeping and accounting keep in mind it’s the quality that counts.

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