How Finac works

From the first conversation to the monthly rhythm

You share the bank statement and the bills. Finac posts, reconciles, files and closes, and puts the numbers in front of you every month. Here is how an engagement runs, what Finac takes responsibility for, and what we need from you.

See your indicative band How pricing works

Statement in, books outposted and matched within 24 hours

2 minutesto an indicative band on the scoping flow, before any contact details

2 working daysfrom your request to a scoping call, and from the call to a written proposal

3 working daysfrom signing to kickoff

21 daysto your first weekly digest

The first six weeks

Six steps from first contact to a running finance department

1Indicative bandEighteen questions online show you an indicative fee band for your business. Two minutes, any time.

2Scoping callThirty minutes on volumes, registrations, payroll, reporting and growth. Fit is confirmed both ways.

3Proposal and letterBand, monthly fee, inclusions, exclusions and how the fee moves. Valid 14 days. Signed electronically.

4KickoffBank read access, document routine, your designated contact, the calendar populated, opening balances taken.

5First digestWithin 21 days: three things to act on, two things fixed, one number to watch.

6First monthly packAfter the first month-end: sales, margin, expenses, cash, receivables, payables, statutory position, commentary.

Responsibility

What Finac takes responsibility for, in writing

Books

Posted from the bank within 24 hours and reconciled continuously.

Compliance

GST, TDS and payroll filed and deposited on time, reconciled to the books, with no reminders from you.

Company law

ROC filings coordinated and the statutory calendar carried through the year.

The close

The month closed by a fixed working day for your band, with a pack you can read in fifteen minutes.

Exceptions

Blocked input credit, suspense, unmatched receipts and cash pressure surfaced weekly with a proposed action.

The team

Named people who know the business, and a partner you can reach.

The Finac file manager with folders for the financial year, GST returns and income-tax returns — What you provide lives in one place. Statements, bills and documents go into the file manager, or arrive by email and WhatsApp and are filed for you.

A job summary in the Finac compliance calendar: GSTR-1 monthly filing with start date, target date, period and the person responsible — Every filing is a job with a date and a named owner. This is a GSTR-1 filing on the calendar, with the person responsible.

Service standards

The standard rises with the band

Every band keeps the books within 24 hours of the bank. Closing day, reporting depth, team and response time move with the scope of the engagement.

Standard	Foundation	Growth	Established	Complex and CFO
Books behind the bank	24 hours at most	24 hours at most	24 hours at most	24 hours at most
Month closed by	Working day 10	Working day 7	Working day 5	Working day 3 to 5
Reporting	Quarterly summary	Monthly MIS	Monthly MIS, partner review quarterly	Board or parent packs, budgets vs actuals
Team	Shared account manager	Named account manager	Named account manager, weekly call	Dedicated team, partner hours
Query response	2 working days	1 working day	Same day	Same day

What we need from you

Four things, stated before the engagement

The 24-hour standard depends on them, so Finac says so up front and declines recurring work where they cannot be met.

Read access to bank statements
Documents on the agreed turnaround. Five working days is standard
One named person on your side who owns the numbers
Decisions when asked, usually through the weekly digest

A Finac team member working through the GST screen with a client's dashboard on the second monitor

One set of booksYour team and ours work on the same live numbers, so there is only one version of them.

An uploaded bank statement in Finac with transactions posted and matched to ledgers — **Daily**The statement posted and matched line by line. Unknown receipts and duplicates flagged the same day.

Finac job tracker listing GSTR-1, GSTR-3B, income-tax return and annual audit jobs with owner, target date and status — **Monthly**Every filing tracked as a job with an owner, a target date and a status you can see.

How the fee moves

On evidence, in advance

When the business adds a GST registration, crosses a payroll threshold, opens a marketplace, takes a loan or raises a round, the fee moves to the band the business now belongs to, from the next month, with a signed addendum. Nothing is added quietly and nothing is billed for past months.

Questions

Frequently asked

How long does onboarding take?

Kickoff within three working days of the engagement letter. Bank access, documents and your designated contact in the first week. The first weekly digest within 21 days, and the first full monthly pack after the first month-end.

Who will I deal with?

A named account manager from the Growth band upward, shared in Foundation, and a dedicated team in Complex and CFO. A partner reviews the file quarterly from the Established band.

I am switching from another accountant. What happens to the old books?

Finac takes the opening balances, reconciles them to the bank and to the last filed returns, and lists what it cannot verify. Historical clean-up, where needed, is priced as a separate project so the recurring fee stays honest.

What do I have to do each month?

Provide documents on the agreed turnaround, answer the three things in the weekly digest, attend the monthly review where your band includes one, and decide when asked.

Can Finac work with my auditor?

Yes. Finac keeps the books and prepares the audit file. An independent auditor audits them, and Finac coordinates the audit as part of the engagement.

Engagements from ₹6,999 a month, scoped to your business

Two minutes on the scoping flow places you in an indicative band. The call and the proposal follow within two working days each.

Start the scoping flow First-year calendars

Finac is the outsourced finance department for growing Indian businesses, run by AKSSAI ProjExel Private Limited, a professional services firm of qualified accountants, tax and compliance specialists, many of whom have worked at MNCs and Big Four firms. Our teams work from Bangalore, Jaipur, Noida, Jabalpur, Bhopal and Indore, and we serve clients in the USA, UK, Taiwan and Australia remotely. Fees exclude GST. Screens shown are from a demonstration company on the Finac platform. Reviewed 24 September 2026.