Location: * San Jose, CA 95125 +1 408 621 1160400 1155 Meridian Ave, Suite 1110, San Jose, CA 95125 Mon - Sat: 9.00 to 19.00
Menu

Count on Excellence
with Outsourced Accounting Services

We provide top-tier outsourced accounting services to CA firms, CPAs, accounting practices, and tax professionals. Our team works across time zones to ensure seamless support and contribute to the financial success of you and your clients.

BOOK A CONSULTATION

Compliance Assurance

We stay up to date with constantly evolving regulations to ensure your business remains fully compliant with all accounting and tax requirements.

Client-Centric Innovation

By understanding your specific needs, we craft tailored solutions that solve challenges and streamline your financial processes.

Focused on Growth

Our expertise goes beyond traditional accounting—we identify growth opportunities and develop forward-looking strategies to support your business’s success.

ABOUT COMPANY

Your Trusted Partner for a Stress-free Tax Season!

Favored Outsource Services is a leading provider in bookkeeping, payroll, and tax services, transforming businesses across the USA, Canada, UK, and India. Active in the outsourcing industry since 2017, we've significantly improved how companies manage their financial paperwork.

As pioneers in bookkeeping services, we've leveraged experienced human talent to execute tasks daily, reducing processing time and enhancing accuracy. These efficiencies translate into cost savings for our clients, making us one of the most sought-after outsourcing companies.

  • Worldwide Presence
  • Strict Compliance with Laws
  • Client-first Solutions
  • Problem-solving, Proactive Approach
  • Round-the-clock assistance
Company Overview Image

Powered by Knowledge

Favored deploys cutting-edge technologies to optimize your finances. We utilize data-driven insights and industry expertise, inspiring sound financial decisions that propel your business forward.

Driven by Excellence

Guided by a constant pursuit of excellence, our endeavors are rooted in a commitment to quality. Every step reflects our dedication to producing superior and extraordinary outputs.

SERVICES WE PROVIDE

Whether you're an established CPA or a growing accounting firm, our services help you strategize, streamline, and scale your operations effectively.

ACCOUNTING AND BOOKKEPPING SERVICE

We handle document management, client/vendor communication, accounts payable/receivable, reconciliations, journal entries, month-end closing, real-time accounting, reporting, inventory, and financial analysis. Our services support bookkeeping, software migration, client onboarding, chart of accounts setup, and maintaining accurate, up-to-date financial records and compliance.

REPORTING AND CFO SERVICES

We provide monthly financial reports, budgeting, forecasting, cash flow analysis, and management reporting. Our team conducts cost and profitability analysis, supports CFO functions, prepares standard operating procedures, documents key insights, and performs comparative analysis to improve operations, financial performance, and strategic decision-making.

ANNUAL WRITES-UP

We manage tax-based annual write-ups, journal entries, reconciliations, fixed asset schedules, and trial balance preparation. Our services include following up for missing information, coding accounts for tax returns, preparing compilation reports (CSRS 4200), and inputting final data into tax software for adjustments.

MANAGMENT OF PAYROLL

We handle employee setup, time card posting, payroll computation, and follow-ups. Our team manages paycheck preparation, tax deductions, and compliance filings (940, 941, state forms, W-2, W-4). We reconcile payroll with accounts and coordinate with payroll software or processing companies.

Tax Preparation, Planning, and Projections

We manage tax documentation, client follow-ups, and organizer preparation. Our services include inputting and reviewing data in tax software, clearing diagnostics, preparing and filing individual, corporate, and other tax forms. We handle projections, adjustments, and workpapers, ensuring accurate, compliant tax return filing and approvals.

Audit

Comprehensive and professional audit services that ensure accuracy, compliance, and transparency.

Bookkeeping

We enter your sheets and ensure accurate and organized financial records!

Payroll Services

Empowering stability, growth and wiser decisions with in-depth analysis of your books.

Accounts Payable Management

Stay on top of your bills with seasoned payable management.

Taxation

Delivering tailored taxation guidance for hassle-free filing and greater profits!

Bank Reconciliation

Financial harmony of your clients with accurate and efficient bank reconciliations.

Management Accounting

Enabling firms to deliver robust solutions to clients, resulting in repeat business.

Financial Statement Preparation

Tailored Financial Statement Analysis that offers valuable insights for businesses.

Accounts Receivable Management

Specialized accounts receivable management to assure swift collections and customer satisfaction.

OUR EXPERTS

Dedicated professionals at your service

DHAVAL SHETH

With over a decade of experience in finance, this professional brings a wealth of knowledge to our clients. Specializing in strategic financial planning and risk management, they have a proven track record of helping businesses optimize their financial performance. Their analytical mindset and attention to detail ensure that every financial strategy is tailored to meet the unique needs of each client. Passionate about empowering businesses to thrive, they stay updated on industry trends to provide innovative solutions that drive growth and efficiency.

KETAN SHAH

This skilled data analyst transforms raw data into actionable insights that drive business decisions. With a strong background in data analytics and visualization, they help clients understand their financial health and identify growth opportunities. Their analytical prowess allows them to uncover trends and patterns that inform strategic planning. Passionate about leveraging technology to improve efficiency, they utilize advanced tools and methods to provide clients with clear and concise reports. Their dedication to accuracy ensures that decisions are based on reliable data, ultimately fostering informed business strategies.

Precision, Performance and Expertise

Choose Favored, Choose Excellence! Our first-rate outsourced accounting services fuel your success. With our expertise, you can scale effortlessly, streamline operations, and focus on what truly matters – driving your business forward.

Full-Spectrum of Support

From basic bookkeeping to advanced financial analysis, tax planning, and compliance, we offer all!

Versatile Services

We seamlessly adapt our services to keep up with the increasing volume of transactions and financial complexities.

Favored Team

Committed, Collaborative, Competent professionals working together to achieve excellence and deliver outcomes.

Certificate

ISO 9001 ISO 27001

TURNING YOUR SPREADSHEETS INTO SUCCESS EQUATIONS!

Over the five years, our journey has been nothing short of remarkable. We’ve steadily served Public Sectors, international governments, and public-sector bodies with 4,000+ projects.

Director

Accounting Firm, Chicago, USA

Redefining outsourcing excellence, our operations underwent a transformation with the director and team. Delivering precise solutions, they enhance capabilities – a game-changer.

HOW IT WORKS

Affordable and cost-effective for every business

Project-Based Pricing

We offer flexible, project-based pricing tailored to the scope and complexity of your needs. Here’s how it works

1) One-Week Free Trial
We provide a complimentary one-week trial so you can experience the quality of our services with confidence before making a commitment.

2) Payment Structure
For project-based work, our standard payment schedule is as follows:

  • 20% Advance — to cover initial setup and resource allocation for your project
  • 50% Mid-Project — once the project is underway and key milestones are met
  • 30% Upon Completion — after successful delivery and approval of the final output

3) Notice Period
A 2-day notice period is required for any cancellation or changes to the project scope.

Hiring Model Pricing

Our Hiring Model is designed to provide dedicated personnel for your projects based on your specific requirements, effectively creating an extension of your team.

1) Two-Week Free Trial
We offer a two-week free trial to ensure the selected employee is the right fit for your business and works in alignment with your expectations.

2) Flexible Payment Cycle
The payment cycle is determined in mutual agreement with the client. Options include:

  • Weekly payments, or
  • Monthly payments, based on your preference and the nature of the engagement.

3) Notice Period
A one-month notice period is required for termination of services under this model.

Services-Based Pricing

In this model, charges are based on the specific services requested by the client rather than routine bookkeeping or regular reporting tasks.

1) Trial Period
We offer a maximum 15-day trial for any service you require, allowing you to evaluate the quality and fit before committing.

2) Payment Terms
Payment terms are flexible and decided mutually between our team and the client to best suit your needs.

3) Notice Period
A 15-day notice period is required for cancellation or changes to service agreements.

4) Hourly Rates
Our charges range from $10 to $12 per hour, depending on the scope and complexity of the services provided.

SOFTWARE EXPERTS

Having Great experience makes work easier & effective.

Let’s Ledger, Lead and Win Together!

Simply leave us your contact details, and we will delightfully serve you within 2-3 working days!