Outsourced Accounting for Startups

Running a startup means making decisions quickly. Your accounting should not slow you down.As your company expands, it becomes challenging to balance record-keeping for sales, expense, payroll, invoicing, bank entries, cash flow, and more along with all other responsibilities.

At GPMJ Global, we offer outsourced accounting services to emerging firms who require precision in their bookkeeping, proper financial analysis, and reliable day-to-day accounting service without having to incur high costs in hiring an in-house finance department. Our specialists can take care of regular accounting tasks while you focus on the rest of your operations. Our outsourced accounting for startups helps growing businesses maintain organized financial records while keeping their accounting needs flexible.

We will make sure that your accounting is up to date and in good order whether it be monthly bookkeeping, reconciling your bank accounts, handling accounts payable, accounts receivable, payroll assistance, and financial reporting.

Bookkeeping for Startups Outsourcing

India has emerged as an important destination for finance and accounting outsourcing services, offering companies worldwide a source of quality accountants and flexible options. GPMJ Global offers accounting and bookkeeping services from India to businesses located in the USA, UK, Canada, Australia, and other foreign locations.

Our outsourced bookkeeping for startups service is based on the real process of growing businesses. We can accommodate the existing accounting systems and software programs like QuickBooks, Xero, NetSuite, Sage and others used by your business.

Whether you have a bootstrapped startup, a pre-funding stage company or an established business, well maintained books will provide you with something priceless – assurance that all your figures are correct. You will be able to know your revenues, expenses, cash flows, accounts payable and receivable and your overall financial standing without assembling data yourself.

What we can handle for your startup

01 Financial Statements

We prepare reliable financial statements, such as income statements and balance sheets, in order for founders and managers to have insights into the business.

02 Accounts Receivable

We document all the invoices, receipts, receivables and other related information that will give you an insight into how money flows into your business.

03 Accounts Payable

We document all the vendor invoices, payments and other related payables in order to keep track of the money that flows out of your business.

04 Payroll

With the growth of your team, the payroll also becomes one of the parts of your accounting process. Therefore, we assist you in handling payroll accounting tasks.

05 Tax Preparation Support

If the records are kept well, the work on preparing your taxes will be much easier for you. We help you organize all the financial information that will be needed for that purpose.

06 General Ledger

We keep your general ledger by accurately recording the transactions, classifying accounts and posting the journal entries.

07 Fixed Assets Accounting

Assistance is provided in maintaining records of machinery, technology, and other business assets including information on depreciation and related records.

08 Bank and Account Reconciliation

The process of regular reconciliation helps to detect any missed transaction, duplicate entries, and timing differences before any bigger problem in accounting.

Why Startups Choose GPMJ Global

The right accounting partner should do more than record transactions. Your books should help you understand the business.

Through GPMJ Global's blend of experts in accounting, process development, accounting software, and outsourcing, we assist new companies in having accurate accounting records.

Our accounting services for startups are geared towards providing assistance to companies that may require help with accounting closure, financial reporting, cash flow visibility, accounts payable, accounts receivable, reconciliation, and accounting.

As an alternative to creating a big in-house finance team for start-ups, partnering with an expert accounting firm for startups can offer you professional accounting assistance.

This is our method, it is simple:

• Accurate and organized financial documents

• Regular banking and bookkeeping reconciliations

• Organized financial reporting

• Support for daily accounting needs

• Flexible service with growth capability

• Knowledge of leading accounting software

• Service for businesses operating internationally

Our Bookkeeping And Writeup Process

Your Need

Tell us what your startup needs help with. This could include monthly bookkeeping, bank reconciliation, accounts payable, financial reporting, payroll-related accounting, or complete day-to-day accounting support.

Enquiry

Contact our team by phone or email. We will understand your business, transaction volume, current accounting setup, software, reporting requirements, and the areas where your team needs additional support.

Confirmation

After understanding your requirements, we will provide you with a detailed scope and quote according to the services required from you. On confirmation of the same, we move ahead with onboarding and create the necessary workflow.

Stay Calm

Once your accounting work is in capable hands, you get more time for work which helps in growing your start-up. We maintain your financial records while our team takes care of the accounting responsibilities which are required to be performed by us.

Bookkeeping and Accounting Services of GPMJ Global

GPMJ Global offers professional bookkeeping and accounting assistance to startups, small firms, growing firms, and multinational firms. Our bookkeeping services for startups are meant to ensure that your financial records remain accurate, well-organized, and valuable for making business decisions.

Good bookkeeping does not consist of just inputting the numbers. Good bookkeeping means that the numbers you use are always up-to-date, correctly recorded, and available at the time of need.

If you are looking for outsourced accounting for startups that can fit your existing systems and grow alongside your business, speak with GPMJ Global.

Frequently Asked Questions

What is included in outsourced bookkeeping services for startups?

The list of services of outsourced bookkeeping for startups includes transaction recordation, bank reconciliations, accounts payable, accounts receivable, GL record keeping, payroll accounting, and timely reporting.

When should a startup outsource its bookkeeping?

From the start! It is especially helpful when there are too many transactions, when entrepreneurs do not have enough time to keep records, or when investors, lenders, accountants, or managers require accurate financial data.

Can GPMJ Global integrate with our accounting system?

Absolutely! We can integrate with various accounting platforms including QuickBooks, Xero, NetSuite, Sage, among others. Our goal is to be able to provide accounting assistance within the existing process instead of making you change anything.

Does outsourced accounting provide value when preparing a business for investment?

Yes. Good accounting records will make it easier to provide accurate financials and get a grasp on income, expenditures, cash flow, accounts receivable, accounts payable, and other important financial figures.

Is there a way for a business to outsource accounting prior to getting a CFO?

Yes. It is not uncommon that many expanding companies have to have their accounting in order without having a full-time CFO yet.