Tax Accounting Outsourcing Services

Dedicated offshore accountants supporting tax preparation deliverables through a professionally managed outsourced service model

Start my trial

Submit an Enquiry

WHAT WE PROVIDE

Dedicated and qualified accounting staff

Full time accounting staff

Full time accounting staff working dedicated and exclusively in your business

Fully managed operation

All staff are tax-trained, supervised by managers and comply with security and compliance procedures

Verifiable accounting experience

All staff are qualified with verifiable accounting industry experience and technical knowledge

HOW IT WORKS

How our Accounting Outsourcing Service Works

Australian Accounting Specialist

We provide full-time, dedicated offshore accountants who work within your systems to support tax preparation, bookkeeping and financial reporting. We have two full time BPO service models:

Full Time Staff Engagements for small businesses

Pod Engagements for enterprise firms

How our operation works

Our accounting outsourcing solution is professionally managed by us to deliver on workflow, QA, training, security, compliance, HR and much more as one simple consolidated service.

India BPO full time offshore staff operations

Fully managed model built in security and compliance

QA processes and peer-reviewed deliverables

How our Accounting Outsourcing service works

SERVICE STRUCTURE

Choose the staff experience level

Junior Accountant

Verifiable accounting industry experience

3 months - 2 years experience

Best for

Simple individual returns

Data entry and transaction recording

Bank reconciliation and bookkeeping

Intermediate Accountant

Verifiable accounting industry experience

2 years - 4 years experience

Best for

Company financials and tax returns

Financial statement preparation

Multi-entity bookkeeping workflows

Senior Accountant

Verifiable accounting industry experience

4+ years experience

Best for

Complex trust and group accounting

Tax planning and advisory support

Business sale and CGT calculations

Which accountant do I need?

WHY OUTSOURCE

Why consider tax accounting outsourcing

Offshore accounting staff costs significantly less than a local hire of equivalent experience

When comparing total cost, offshore accounting staff typically costs 50% less than a local hire of equivalent experience. This accounts for salary, superannuation, leave entitlements, payroll tax and recruitment costs. For practices running multiple staff, the savings compound significantly.

Full-time offshore accountant salary is a sizeable cost saving of the local market rate for equivalent skills and experience
No leave loading or payroll tax obligations on your offshore staff
Recruitment, onboarding and training costs are absorbed by Felcorp
Staff replacement is handled by Felcorp at no additional placement cost if a staff member exits

Add qualified accounting capacity without committing to permanent local headcount

Accounting practices face a fundamental growth tension: adding local staff before you have the client volume is expensive, but insufficient capacity limits what you can take on. Offshore staffing lets you expand your capacity faster and with lower risk.

Engage additional offshore accountants as your client base grows without redundancy risk
Supplement your full-time team with On-Demand Accounting during seasonal peaks
Right-size your team across financial years without the overhead of local staff movement

Tax principals and managers spend significant time on work that does not require their expertise

In most practices, senior staff perform a disproportionate amount of low-complexity preparation work simply because there is no one else to do it. Outsourcing routine tax preparation and bookkeeping changes that equation and recovers high-value time.

Delegate these tasks first:

Tax preparation and routine individual returns to your offshore accountant
Transaction recording, bank reconciliation and data entry to your offshore accountant
Senior staff focus on review, sign-off, advisory and client-facing work

Predictable tax peaks do not need to create capacity emergencies

EOFY and the annual lodgement period create predictable surges in accounting volume. Practices that rely entirely on local staff face a recurring choice between overworking their team or turning away work. Offshore staffing provides a permanent buffer.

Your full-time offshore accountant absorbs volume increases without overtime or burnout risk
Reserve complex or judgment-based tasks for your senior staff member
Offshore time zones allow for early-morning and evening job completions when required
Plan ahead for lodgement season by pre-briefing your accountant on recurring client jobs

No recruitment process, no onboarding cost and no internal training

Most offshore staffing arrangements require you to invest time training new staff on your software platforms and internal workflows.

Felcorp eliminates that burden entirely as every accountant is technically assessed before placement and managed to your quality standards from day one.

Accountants are assessed on your specific software stack on Xero, MYOB, HandiSoft, APS and others before they start
Review the first 10 completed tasks in detail before reducing oversight
Give specific feedback using real examples and track rework patterns early

Why Consider Tax Accounting Outsourcing

RESULTS

Tax Accounting Results You Can Expect

What you can expect in deliverable turnaround times and quality assurance controls when you engage Felcorp for tax accounting outsourcing services.

Delivery

Expectation

GST and Individual Returns Turnaround*

Within 24 hours

Company Financials Job Turnaround*

Within 48 hours

Complex Job Turnaround*

Within 48-72 hours

Efficiency

Expectation

Document Accuracy

98% documents submitted without rework

GST and Individual Returns Turnaround*

1 hours

Company Financials Job Turnaround*

8 hours

Complex Job Average Time*

10 - 20 hours (depending on research)

Quality Assurance

Description

QA Manager Review

100% of specified deliverables reviewed by QA management

Monthly Reporting

Full timesheet reporting on all completed deliverables by Felcorp

Service Level Agreement (SLAs)

Option to implement performance-based SLAs

These times are indicative and may not represent the actual results for you. For agreements around performance milestones, we recommend setting up a Service Level Agreement (SLA). Please see our Felcorp SLA options article for more information.

SERVICE SCOPE

Accounting Duties and Scope of Work

Transaction Recording

Import bank statements, document all financial transactions, ensure accuracy and completeness

Bank Reconciliation

Reconcile bank statements with company records, identify and resolve discrepancies

Accounts Payable

Process supplier invoices and payments, reallocate payments and perform aged payables reconciliation

Accounts Receivable

Issue customer invoices, apply received payments and perform aged receivables reconciliation

Expense Tracking

Record and categorise business expenses, ensure compliance with expense policies

General Ledger Maintenance

Maintain and update general and subsidiary ledgers, verify entries for accuracy

Financial Statement Preparation

Balance sheets and income statements for companies, trusts, partnerships, sole traders and individuals

Adjusting and Closing Entries

Accruals, deferrals, closing stock reconciliation, asset capitalisation and depreciation

Tax Planning and Advisory

Tax minimisation strategies, capital gains tax calculations and business sale tax calculations

Tax Accounting Duties

SOFTWARE

Accounting Software Capabilities

Our accounting software capabilities span leading bookkeeping, tax and financial reporting platforms, allowing us to operate directly within your existing systems while you remain in control of access and data visibility.

Accounting Software Capabilities

TESTIMONIALS