Accounting & Bookkeeping
Virtual Accounting
Quick answer: Virtual CFO and virtual accounting team for growing businesses.
₹4,999
Gujarat offerAll-inclusive · No hidden fees · No bank details required
4.9 (171 reviews)
Why choose FinTax24
- Expert Verified Reviewed by compliance specialists
- Process Checked Accuracy and compliance checks
- Data Secure Secure document handling
- 4.9/5 rated Verified rating from 171+ clients
Audience
Who needs Virtual Accounting?
- Early-stage startups preparing for seed, series A or debt fundraising
- Growth-stage companies needing CFO-level guidance without a full-time hire
- Family-owned businesses wanting professionalisation of the finance function
- Subsidiaries of foreign companies needing India GAAP / Ind AS reporting
- Bootstrapped SMEs needing cash-flow forecasting and working-capital control
How it works
- 1
Finance Discovery and Onboarding
Hold a finance discovery call, understand the business model, KPIs and reporting cadence; then onboard on Tally or Zoho Books.
- 2
Books Setup and Chart of Accounts
Set up chart of accounts aligned to the investor data room, migrate prior books and clean up opening balances and tags.
- 3
Monthly Close and MIS on the 5th
Close books, deliver P&L, balance sheet, cash flow, unit economics and runway dashboard on the 5th of every month.
- 4
Cash-Flow Forecast and Budget Reviews
Maintain a 13-week cash-flow forecast, run budget versus actual variance reviews and recommend corrective actions.
- 5
Board Deck and Investor Support
Prepare quarterly board decks, investor updates and the financial model; attend board and investor calls as the virtual CFO.
- 6
Compliance Reviews and Approvals
Review and approve GST, TDS, payroll, ROC and tax filings; coordinate with the auditor during the annual audit window.
Timeline
Why file this
Benefits of virtual accounting
- Full-time virtual CFO and accounting team at a fraction of in-house cost
- Monthly MIS with P&L, balance sheet, cash flow and unit economics on the 5th
- 13-week rolling cash-flow forecast and runway tracking every month
- Budget versus actual variance and board-ready deck preparation quarterly
- Fundraising support with data room, KPIs and investor-grade financial model
- Reviews and approvals for GST, TDS, payroll and ROC compliance filings
Documents required
6 documents needed for virtual accounting.
- PAN, GST registration, MOA / AOA and board resolution for finance access
- Bank, credit card and payment-gateway statements for every month
- Sales invoices, supplier bills and capex purchase orders with GSTIN
- Cap table, SHA, ESOP scheme and any term-sheet or SAFE documents
- Existing financial model, investor updates and prior-year audited financials
- Headcount plan, payroll inputs and department-wise budget for the year
DIY vs FinTax24
Why file virtual accounting with FinTax24 instead of doing it yourself.
| Aspect | DIY / Portal | Local Tax Consultant | FinTax24 |
|---|---|---|---|
| Filing time | 7–14 days (typical) | Varies by availability and workload | Monthly cadence |
| Expert review | None | Depends on the consultant | Expert verified on every filing |
| Document check | You self-verify; rejected on portal | Manual review may vary | Pre-verified by our team before submission |
| Support | Email / chatbot | Appointment-based or office hours | WhatsApp + phone, Mon–Sat 10 AM–7 PM IST |
| Pricing | Government fees only | Consultant fee + government fees | Transparent: ₹4,999 + govt fees |
Frequently asked questions
What is the difference between virtual accounting and a virtual CFO?
Virtual accounting covers the books and MIS. Virtual CFO adds cash-flow forecasting, budgeting, board-deck preparation, investor updates and finance strategy on top.
Who is the virtual CFO on the engagement?
How do you handle fundraising support?
We build the financial model, KPI dashboard and data-room schedules; we also review the pitch deck and join diligence calls as the virtual CFO.
Will the virtual CFO attend board meetings?
Yes, the virtual CFO attends up to four board meetings or investor update calls per quarter and prepares the finance section of the deck in advance.
Which software do you work on?
We work on Tally Prime, QuickBooks Online, Zoho Books and Xero. For investor-grade reporting we also use Fathom or Spotlight Reporting on top.
What is the minimum commitment?
Virtual accounting is billed monthly with a minimum three-month commitment so we can set up books, MIS and forecasts properly before going steady-state.
Can we scale down during a slow month?
Yes, the recurring fee is fixed monthly but the scope of work can be adjusted quarter-on-quarter with 30 days notice at the start of the quarter.
Sources & authority: For regulations on virtual accounting, refer to incometax.gov.in , mca.gov.in .
Last reviewed by: FinTax24 Compliance Desk · Reviewed on:
Related Accounting & Bookkeeping
- Bookkeeping Outsourced bookkeeping on Tally, QuickBooks or Zoho Books. View details →
- Monthly Bookkeeping Monthly book closing with MIS by the 5th of next month. View details →
- Quarterly Bookkeeping Quarterly book closing with management MIS every 90 days. View details →
- Annual Bookkeeping Year-end book closing and annual accounts package. View details →
About FinTax24
ISO 27001 · Startup India · MCA registered- Legal name
- FinTax24 LLP
- Founded
- 2021
- Headquarters
- Palitana, Gujarat, India
- Certifications
- ISO 27001 · ISO 9001 · ISO 22301
- Recognition
- Startup India · MCA registered
- Coverage
- All 33 Gujarat districts + Dadra & Nagar Haveli & Daman & Diu
- Clients served
- 10,000+
- Hours
- Mon - Sat: 10 AM - 7 PM IST
Ready to file Virtual Accounting?
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