INSOURCEPRO F&A team of professional Accountants and Tax experts works closely with US CPA Firms and render them services like Book-keeping, Accounting, Tax Preparation and Payroll for their clients as an extension to their existing team.
Our team has over 4 years of experience in rendering services like:

Book-keeping Services
√ General Ledger
√ Invoicing
√ Accounts Payable
√ Accounts Receivable
√ Bank Reconciliation
√ Credit Card Reconciliation
√ Fixed Assets Management

Accounting Services
√ Financial Statement Preparation
√ Cash Flow & Budgeting
√ Monthly/ Quarterly/ Year-End Preparations
√ MIS Preparation
√ Costing
√ Financial Analysis

Tax Preparation
√ Individuals – 1040, 1040A, 1040EZ, 1040NR
√ Partnerships – 1065
√ Corporations – 1120, 1120S
√ Fiduciaries – 1041
√ Non-Profits – 990
√ Estate & Gift Tax - 706

Payroll Services
√ Payroll Processing
√ Payroll Tax Compliance
√ Human Resources Reporting
√ Time & Attendance Systems
√ 940 & 941s
√ W2 & W4 Reporting
√ Quarterly & Annual Tax

We have expertise in all commonly used Accounting software like Book-Keeping - QuickBooks®, CSA®, Net Suite®, Quicken®, Peachtree®, Sage®, MYOB®, ERPs, Tax Software – Intuit’s Lacerte®, Creative Solutions’ Ultra-Tax®, Intuit’s ProSeries®, ATX®, Drake Tax®, Prosystem FX®, Go System®, Turbo Tax®, etc

Outsourcing

Bookkeeping & Accounting
INSOURCEPRO’s Accounting & Bookkeeping Outsourcing Services helps you maintain a consistent accounting system by providing efficient and timely service to effortlessly run your practice. Working from source documents and other information such as Invoices, Check Stubs/ Register, Deposit Slips, Bank Statements, Credit Card Statements and other necessary supporting documents, INSOURCEPRO’s team maintains records, which form the components of formal books of accounts of the businesses.
INSOURCEPRO’s team consists of several Chartered and Certified Public Accountants with extensive knowledge and experience in world-renowned software programs such instance Sage Line, Quick Books, Quicken, Peachtree, Creative Solution, VT Transactions, Viztopia, and IRIS allowing us to deliver a completely customized back office book-keeping service, which meets all of your accounting needs; thus we are quite capable of comfortably connecting to your requirements in no time. Our F&A team holds time-determined expertise in rendering services on the following:

BOOK-KEEPING SERVICES

• General Ledger
• Account Payable Processing (Complete procure to pay cycle)
• Account Receivable Processing (Complete order to cash cycle)
• Bank/ Credit Card Reconciliation
• Inventory Management
• Fixed Asset Management
• Sales Tax and VAT Management
• Other Accounting Data and Administration

ACCOUNTING SERVICES

• Cash Flow Management
• Costing & Budgeting
• MIS & other Management Reporting
• Monthly, Quarterly, Yearly closing
• Financial Statement Preparations
• Proforma Financial Statement Preparation & Analysis
We undertake a broad range of accounting services, irrespective of time –commitment, complexity or volume, solely depending upon the requirement of the client. INSOURCEPRO strongly upholds the statement that domain expertise is critical in achieving quality in services. To this effect we have developed stringent quality standards that take care of our routine processes. Each of these standards has been conceived not only to eliminate current defects but also its recurrence in business processes to pave way towards greater efficiency, productivity and accuracy .
We support following softwares for book-keeping services
QuickBooks®, Sage®, Creative Solutions®, IRIS®, Peachtree®, Quicken®, NetSuite®, Master Builder®, VT Transactions®, Viztopia®, Business Works®, MyOB®, Lacerte®, ProSeries®, ATX®

Try our Book-keeping services now Free of Cost. INSOURCEPRO Provides free 40 hours pilot project to each client so that they get familiar with the outsourcing process.

 Tax return Preparation

Tax, in today’s scenario is more than just fixed payments to the governing body from a firm’s income, it is a tool set up by the government to keep in check erring firms and organizations. Many a times organizations have faced trouble due miscalculations of tax payments or wrong interpretations of taxes, for either their employees or for themselves. The well known adage ‘ignorance of the law is not an excuse’ rings true at every instance. With growing complexities in today’s business environment, new tax laws and interpretations have replaced the old. Employing trust worthy professionals who understand the complete nuances of the tax law, its twists and turns has become the need of the hour.
This need is effectively fulfilled by the INSOURCEPRO tax team. Our team comprises of wide range of professionals which cannot be replicated by another firm.

INSOURCEPRO’s team of CAs, CPAs & Tax professionals in liaison with you, provide an optimum delivery model of Tax preparation, planning and advisory services , within a secure framework of compliance to minimize operating cost and maximize efficiency and achieve competitive advantage. Our taxation service includes:
• Income tax- preparation and submission of online Tax returns of Individuals, Corporations and most tax filing entities
• Preparation and filing of VAT and PAYE returns
• Providing expert advice in areas of Capital Gains Tax, Capital Acquisitions Tax, Gift Tax, Inheritance Tax and tax planning

INSOURCEPRO’s team of tax accountants is proficient in providing US Tax preparation services to accounting firms and corporate clients on the following entities:
• Individuals – Form 1040, Form 1040A, Form 1040EZ, Form 1040NR, etc.
• Partnerships – Form 1065
• Corporations – Form 1120, Form 1120s etc.
• Estates and trusts- Form 1041 etc.
• Non-Profits – Form 990
• Gift Tax – Form 706/709

Not only does the INSOURCEPRO tax team have the knowledge to provide a range of tax service but also have expertise in all leading tax softwares including Intuit’s ProSeries®, Prosystem FX®, Creative Solution Ultra Tax®, Drake Tax®, ATX®, Intuit’s Lacerte®, Go-System® and other similar tax softwares.

Our INSOURCEPRO tax team is consistently working towards a constant ‘zero’ error rate by taking initiative towards keeping themselves updated about latest developments and softwares. The INSOURCEPRO tax team is also self subjected to rigorous quality standards. Such standards which not only ensure a beneficial tax return preparation for the taxpayer and but also the integrity of the team itself so as to prevent any untoward legal development for our clients.

Payroll Processing

INSOURCEPRO renders payroll processing services to corporate clients from UK and USA as an independent third party service provider. Our team also works in liaison with CPA firms in USA and Accounting firms in UK to render these services as outsourcing partners, to their clients. Our payroll service offerings include:
US Payroll
√ Payroll Processing
√ Payroll Tax Compliance
√ Human Resources Management & Reporting
√ Time & Attendance Systems maintenance
√ 941s & 940s (Quarterly Federal Tax Return & Unemployment taxes)
√ W2 & W4 Reporting
UK Payroll
It covers all aspects of payroll processing from PAYE to National Insurance, Statutory Payments SSP, SMP, SPP, Forms P11, P14, P35, P45, P46, etc
√ Payroll Processing
√ Statutory Payments SSP, SMP, SPP
√ Human Resources Management & Reporting
√ Time & Attendance Record Keeping
√ P11, P14, P35, P45 Part1, P45 Part2, P46, P60

 Financial Services

Insourcing
Contracted Talent
CPAartner™ Program