Frequently asked questions
Answers about how we work, what it costs and how we keep your data safe.
General
What does Ledgxio Consultants Pvt Limited do?
We provide offshore support in two areas: audit support for accounting and audit firms, and financial support (bookkeeping, payables, receivables, payroll and financial statements) for companies.
Where is your team based?
Our team is in Lahore, Pakistan. All our work and communication is in English.
How much does it cost?
Dedicated team members are charged at a fixed monthly fee per person. Audit files, valuations and tax work can also be priced per engagement. You receive a written quote once we understand your work.
How quickly can we start?
We agree a start date in your proposal. The main steps are interviews and setting up secure access. Single audit stages can often start sooner, once we have access to the file.
What hours will my team work?
Your business hours. UK clients overlap with our afternoon and evening, Gulf clients with our normal day, and US clients are supported by evening shifts.
Can we scale the team up or down?
Yes. Start with one person and add more as your work grows. The notice period for changes is set out in your proposal.
For audit firms
Will our clients know you are involved?
Only if you want them to. We can work entirely within your firm's systems and under your firm's name.
Who signs the audit report?
Your firm does. Your engagement team reviews our working papers and your firm issues the opinion. Ledgxio is not a registered audit firm and does not issue audit opinions.
Which audit standards and software do you work with?
We follow your firm's methodology, whether it is based on International Standards on Auditing or US standards, and work in your audit software and templates.
Do you provide valuation, actuarial and tax work?
Yes. We prepare business and real estate valuation workings, actuarial calculations for employee benefits, and tax computations and returns for your engagement team to review.
For companies
Do you make payments for us?
No. We prepare payment runs and payroll for approval. Your authorised signatories approve and release every payment.
Which accounting software do you use?
Yours. Our team works in QuickBooks, Xero, Sage, Zoho Books, NetSuite, Microsoft Dynamics, SAP and Oracle.
Can you take over payroll from our current provider?
Yes. We review your current payroll records, run a parallel month to check the figures, then take over from the next pay period.
Can you prepare our year-end accounts for the auditors?
Yes. We prepare financial statements and the supporting schedules auditors ask for.
Data and security
How do you protect our data?
We work in your systems through secure access, under NDA, with named team members only. Read the details on our security page.
What happens to our data when we stop working together?
We remove our access and erase any client data we hold within 30 days, keeping only what the law requires. On request, we issue a certificate of destruction.
Still have a question?
Ask a partner directly on WhatsApp, or send us a message.