Virtual Accounting Services

Any business, however small or large cannot afford to ignore its finance and accounting processes. The need to reduce costs and to be more closely aligned to one’s core business activity has driven many SMEs to outsource their accounting processes such as bookkeeping, account receivables and payables to focus on managing key regulatory requirements like auditing and compliances. Today, with growing success the trend has shifted from basic transactional process outsourcing to more strategic ones such as budgeting and forecasting, financial analysis and even payroll and leave management. Of course, this requires a reliable partner who you can trust. Accounting, an integral and vital function for every conceivable profit-making entity, usually demands a substantial investment of time and money. As your service partner, we assume the responsibility to waive off the burden through premier virtual accounting services, precisely tailored to deliver on the specific accounting needs of your business. Whether you need a virtual assistant for bookkeeping for a thriving start-up or an established business, when you choose NSP, you can rest assured knowing that you have hired one of the best in business.​

Why invest in Virtual Accounting Services?

Volatility in global markets, increasing competition and operating costs, and other similar deterring dynamics make it imperative for every z-gen business to optimize its spending without compromising on the quality of any of its core functions, such as accounting. Deploying an offshore virtual assistant for bookkeeping not brings down the overall cost of accounting being incurred by your business, but also saves you from the expenses associated with screening and selecting a suitable applicant, and the subsequent employer liabilities.

  • Having a high-quality partner sets you free of day to day administration.
  • More time to focus your resources on strategy & business.
  • Enhance your customer experience & revenue generation.
  • Save on your infrastructure & technology costs.
  • Freedom from attrition management, hiring & training issues.
  • Assured professional services by Experts with cost benefits.
  • Access of financial information over secured Cloud platforms.
  • Compliant with data protection & privacy norms.
  • In-budget Virtual CFO/Controller services available.
  • Xero
  • Sage,
  • KashFlow
  • Microsoft Excel
  • QuickBooks,
  • Accounts Payable
  • Purchase Orders (Creation, Returns)
  • Bill / Invoice (Creation from PO of supplier)
  • Payment Schedule (Tracking, Reminders, Follow ups)
  • Bill Payment (Payment, Accounting)
  • Accounts Receivable
  • Sale Order (Booking, Reporting)
  • Invoice (Creation, Dispatch to client)
  • Payments (Receipt, Reporting, Follow up)
  • Sales Return (Booking, Reporting)
  • General Accounting
  • Journal Entry Processing
  • General Ledger Closure
  • Account Reconciliation
  • Travel & Entertainment (Expense reporting)
  • Reports and Analysis
  • Balance Sheet
  • Profit / Loss Statement
  • Cash Flow Statement
  • Financial Statements Analysis
  • Custom Reports (Based on business needs)
  • Report Creation
  • Import, Export and Sorting of Data
  • Spreadsheet Design & Maintenance.
  • Inclusion of Charts, Graphics, and more
  • Cash Management
  • Accounts Reconciliation
  • Account Servicing
  • Revenue & Expenditure Management
  • Financial Management
  • Sales & Purchase Order Management
  • Business Plan Development