Inhouse vs. Outsourced Accounting Team: What are the cost differences?

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How do your cost compare?

“Do You Know How Much You're Actually Spending?

An in-house accounting team may cost you more while providing less.”

FAQs

We immediately handle your books! We, however, take the time to truly understand your company and incorporate your input. XOA TAX has a structured, centralized onboarding procedure to ensure that we are efficient with your time and that you receive the greatest quality system design currently accessible.

 

Building your back office to be the most efficient, scalable, and productive combination of Team and Technology could take sixty to ninety days.

 

Do I still require in-house bookkeeping or accounting personnel?

 

No, not always. You can opt to conduct some bookkeeping activities in-house, or we can serve as your full-service virtual accounting department. Your XOA TAX service team will need to communicate with someone on your team, but they do not need to be accountants (we will teach them as needed).

 

What’s the difference between XOA TAX and hiring a local CPA?

With XOA TAX, you get a specialized staff that provides timely, actionable financial insights and keeps your audit and tax ready all year. Instead of depending on a single person’s knowledge, availability, and technological know-how, or a local CPA company that can’t provide insights to help you expand, you’ll have a complete dedicated team of accounting compliance specialists!



No, not always. You can opt to conduct some bookkeeping activities in-house, or we can serve as your full-service virtual accounting department. Your XOA TAX service team will need to communicate with someone on your team, but they do not need to be accountants (we will teach them as needed).

With XOA TAX, you get a specialized staff that provides timely, actionable financial insights and keeps your audit and tax ready all year. Instead of depending on a single person’s knowledge, availability, and technological know-how, or a local CPA company that can’t provide insights to help you expand, you’ll have a complete dedicated team of accounting compliance specialists!ights and keeps your audit and tax ready all year. Instead of depending on a single person’s knowledge, availability, and technological know-how, or a local CPA company that can’t provide insights to help you expand, you’ll have a complete dedicated team of accounting compliance specialists!

  1. Reliable, Accurate Financial Results – Every financial report we produce is reviewed by a second set of eyes, and you have access to additional expertise through our service center. And, because you’re working with a group, you never have to worry about your accounting suffering as a result of turnover, vacation, sick leave, maternity/paternity leave, or other paid time off. 
  2. Accounting Expertise on Demand – Our CPAs will get to know your company and deliver accounting best practices and industry knowledge that you won’t find with a local bookkeeping firm.
  3. Accounting System Design and Integrations – XOA TAX staff are Certified Intuit ProAdvisors with extensive experience integrating third-party applications with QuickBooks, Netsuite, and more. Our product specialists and onboarding specialists ensure that your accounting file is optimized and that your financial systems are set up to reduce manual entry and to grow with your company. 
  4. Reports for Advanced Decision-Making – Our management accounting procedures ensure that you have the correct financial knowledge at your fingertips, including personalized financial reports, KPIs, and corporate scorecards. We assist you in interpreting the results so that you may make informed, data-driven decisions.

Vietnamese Language Support – With our team’s proficiency in Vietnamese, we offer clear communication and tailored support for Vietnamese-speaking clients. Rely on us for informed, culturally sensitive guidance to optimize your tax position in the U.S. market.

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