ProfitBooks Remote Bookkeeping is the most trusted online bookkeeping service designed for business owners who want to outsource the accounting process.
It gives you the freedom to focus on your business, knowing you’ll have accurate and reconciled books every month.
Get the benefits of a professional bookkeeper at a price you can afford, and powerful financial reporting software with zero learning curve.
How Remote Bookkeeping Works
It’s as easy as 1-2-3 !
1. Get Your Account Setup
Well introduce you to a dedicated
bookkeeper. Theyll understand your
business and set up your accounting in
ProfitBooks software.
2. Send Your Transactions
You can securely send your transactions
using either ProfitBooks application or a
personal email to us.
3. Get Monthly Reports Delivered
Your books are reconciled & you
receive a detailed monthly report
containing your profit and loss, balance
sheet, and cash flow statement.
How You Can Benefit From Remote Bookkeeping
ProfitChamps experts will take care of accounting while you focus on growing your business
What youll get after signup:
- Personal onboarding and business setup
- A dedicated Bookkeeper for recording transactions.
- Monthly categorization of your income & expenses.
- Reconciliation of your bank statement.
- Business reports to see how youre doing month to month.
- Free access to premium accounting software – ProfitBooks.
“I used to avoid bookkeeping until year end because it was very time consuming. It gives me a comfort to have ProfitBooks team by my side. Highly recommended.”
– Rajan Mehta, RM Consulting Group.
Frequently Asked Questions
Whats included in online bookkeeping service?
ProfitBooks’s Remote Bookkeeping
includes three phases: account setup,
ongoing bookkeeping, and month-end
reporting.
In the setup phase, your bookkeeper sets
up your business in ProfitBooks accounting
software and creates your chart of
accounts.
As part of ongoing bookkeeping, your
bookkeeper regularly categorizes
transactions and reconciles bank account
to keep your information accurate and up
to date.
At the end of each month, your bookkeeper
closes your books and confirms theyre
accurate. They then send you PDF copies of
key financial reports, including your
income statement and balance sheet.
What is NOT included in online bookkeeping service?
ProfitBooks Remote Bookkeeping service doesnt include sending invoices, paying bills, or management of inventory, payroll accounts receivable or accounts payable. The service doesnt include filing of tax returns – this comes at an additional cost.
Do you also prepare tax returns?
Yes! We use the latest technology to simplify the tax preparation process. As your accounts are maintained accurately every month, the tax filing process becomes much easier. We have experienced CAs who can verify and file the return for you at an additional cost.
Does ProfitBooks replace my current bookkeeper or accountant?
This online accounting service by ProfitBooks is meant to save you, your bookkeeper, and your accountant time and money. So the simple answer is no.
Using this service will free you up to spend time thinking more strategically about your finances, instead of stressing about the books.
Why should I outsource my business accounting?
An accountant or bookkeeper understands the fundamentals of accounting. The proper classification of income and expenses is important. Incorrect accounting can lead to financial losses and can be stressful specially during tax period. Though various accounting tools have come up over the time, human intelligence is irreplaceable. That’s why it’s always beneficial to take help from accounting experts.
Is it easy to talk with someone?
Yes! When you sign up with this online accounting service, you get a dedicated bookkeeper. You can communicate with them via email, phone and online chat. Whatever works best for you. You can also initiate a co-browsing session with them!
Where can I view my financial information?
You can view that by logging in to ProfitBooks accounting software. Keep track of your financial performance with in-depth reports such as balance sheet, trial balance, ledger and various sales and purchase reports.
Will the accountant visit my office in person?
The accounting services will be done remotely using online accounting software (ProfitBooks). We do not support in-person visit by our accountants. Our experts will be available on call and email to address any queries.
I already have an accounting software for my firm. Can your experts use the same software?
We prefer using ProfitBooks as our experts are trained on it. ProfitBooks is a full-featured accounting software and it has is everything you’ll ever need to record financial transactions.
I am not using any accounting software. Will I get software access using this package?
Yes! You will get free access to ProfitBooks premium plan that supports unlimited users. There is no need to pay any additional fee for the software.
I've recently started my business. There are very limited transactions. Is this helpful for me?
Considering that most startups do not need a full time dedicated accountant as the volume of transactions is low and at times it is not economically feasible to hire one, we have specially designed this pack to meet all your accounting needs.
Get your accounts maintained by our experts and get your accounting done without having to employ a full time accountant.
Talk to us for more details.