If you’re like many small or medium-sized business owners, you’ve probably asked yourself at some point: "Is my accountant worth the cost?" With rising salaries, employee overheads, and the increasing complexity of compliance, accounting has become one of the most expensive back-office functions to maintain in-house. But what if you could get the same—if not better—results without the massive expense?
This is where outsourcing your accounting function to the Philippines makes a lot of sense. Let’s break down the costs, the benefits, and how VirtualStaff.ph makes it easy for you to hire accountants without the usual headaches.
Why Businesses Are Reassessing Accounting Costs
Accountants are vital to the health of your business. From managing payroll and taxes to preparing financial statements, their work helps you make informed decisions.
But here’s the reality: if you're hiring locally in the U.S., Canada, UK, or Australia, you might be spending $4,000 to $7,000 a month or more — just for one full-time accountant.
That’s money that could be used to:
- Reinvest in marketing and growth
- Expand your product or service offering
- Improve customer support
- Boost profitability
Let’s take a closer look at what’s driving this shift.
Learn why US accountants are delegating work in the Philippines
The Real Cost of Hiring an In-House Accountant
If you’re paying your accountant a $70,000/year salary, you're already committing to nearly $6,000/month. But the costs don’t stop there. Add on:
- Payroll taxes
- Health insurance
- Paid time off
- Retirement contributions
- Office space and equipment
You could be looking at 20–30% more on top of the base salary. That puts your real cost closer to $90,000–$100,000 per year.
Now compare that with what it costs to hire accountants in the Philippines through VirtualStaff.ph, where you can pay between $500 to $1,500/month depending on skill and experience — with no additional taxes or overheads.
Why the Philippines?
So, why are more businesses choosing to outsource accountants to the Philippines?
1. English Proficiency
The Philippines is the third-largest English-speaking country in the world. Most professionals are fluent in English and familiar with Western business practices and terminology.
2. Education and Training
Filipino accountants typically hold a bachelor’s degree in accounting and have experience with international accounting standards. Many are even trained in QuickBooks, Xero, and other cloud-based tools.
3. Time Zone Compatibility
Filipino staff are used to working either local hours or overlapping shifts. Whether you need someone available during your working hours or on a 24/7 support model, they’re flexible.
4. Cost Savings
You can hire accountants for a fraction of what you'd pay locally — often with equal or better quality. And when you use VirtualStaff.ph, you avoid agencies and middlemen, so 100% of the salary you pay goes to your virtual staff.
What Kind of Accounting Tasks Can Be Outsourced?
You can outsource almost every accounting and bookkeeping task you’re currently handling in-house. Common roles businesses hire for include:
- Accounts payable and receivable
- Bank reconciliation
- Payroll processing
- Budget forecasting
- Financial reporting
- Tax preparation support
- Invoice creation and billing
- QuickBooks or Xero data entry
- Managing spreadsheets and financial records
With VirtualStaff.ph, you can hire accountants based on the specific skills your business needs — full-time or part-time.
Meet VirtualStaff.ph: The Smarter Way to Build Your Accounting Team
VirtualStaff.ph is the #1 platform to hire accountants and other skilled virtual staff in the Philippines. Over 25,000 businesses already trust the platform, and here’s why you should too:
You Choose Who to Hire
You’re not getting assigned someone at random. You’ll receive pre-vetted candidates, and you make the final decision based on interviews and qualifications.
Set Your Own Salary
There are no salary markups. You decide what to pay your staff. Most businesses hire full-time accountants between $500 and $1,500/month.
We Handle Everything Else
Once you hire, VirtualStaff.ph manages:
- Payroll
- Compliance
- HR
- Administrative support
All for just $99/month per seat — with a 14-day money-back guarantee if you don’t find the right person.
Hire Full-Time or Part-Time
Need a full-time accountant to manage all your books? Or just part-time help for reconciliation and invoicing? VirtualStaff.ph lets you scale based on your real business needs.
Real Examples: What You Could Be Saving
Let’s break this down with actual numbers so you can see the savings for yourself.
Example 1: Full-Time In-House Accountant in the U.S.
- Base Salary: $6,000/month
- Benefits, Taxes, Overhead: $1,500/month
- Total Monthly Cost: $7,500
Example 2: Full-Time Accountant from the Philippines via VirtualStaff.ph
- Salary: $1,200/month (you set this)
- Seat Fee: $99/month
- Total Monthly Cost: $1,299
That’s a savings of $6,201 per month, or $74,412 per year — for just one accounting role.
Now imagine scaling that to two or three roles. You could save hundreds of thousands of dollars annually just by choosing to outsource virtual accountants to the Philippines.
How to Know If Your Accountant is Overpaid
Not sure if you're overpaying? Here are a few signs:
1. You're Paying for Idle Time
In-house accountants sometimes sit idle during off-peak periods. With virtual staff, you only pay for the time and role you actually need — full-time or part-time.
2. Their Role Could Be Done Remotely
If your accountant already works behind a computer, there’s no reason they need to be in your physical office — especially if you're paying office space costs on top of their salary.
3. You’re Handling Simple Tasks with Expensive Talent
Do you really need to pay $70,000+ a year for someone to manage invoices or do bank reconciliations? Many of these functions can be delegated to a virtual assistant or junior accountant in the Philippines for a fraction of the cost.
4. You Have a Tight Budget
If you're trying to scale your business and every dollar counts, it’s time to rethink where your budget goes. You don’t need to compromise on talent — just on price.
Step-by-Step: How to Hire Accountants Through VirtualStaff.ph
Hiring with VirtualStaff.ph is incredibly simple. Here's how it works:
Step 1: Buy a Seat
Each $99/month seat gives you access to hire one Filipino staff member — full-time or part-time. You can cancel anytime.
Step 2: Add Your Role
Post the role for the accountant or virtual assistant you need. You’ll get access to over 1 million pre-vetted Filipino professionals who match your criteria.
Step 3: Choose Who to Hire
You review applications, interview the top candidates, and you make the final hiring decision. You’re in control — no middlemen.
Step 4: We Handle the Rest
Once you hire, VirtualStaff.ph manages:
- Payroll processing
- HR and legal compliance
- Administrative support
You get a reliable staff member who works for you just like any local hire, without the headaches or extra costs.
What You Can Expect from Your Filipino Accountant
When you hire accountants through VirtualStaff.ph, you’re not getting junior data-entry help. Many Filipino accountants are highly experienced, some even with international clients or certifications.
Common Skills and Tools:
- QuickBooks
- Xero
- Wave Accounting
- Zoho Books
- Excel (advanced functions)
- Bank reconciliation
- Journal entries
- Payroll software (Gusto, ADP)
- General Ledger and Trial Balances
You can also ask for specific qualifications like CPA (Philippines) or relevant experience in U.S. or international accounting.
The Bottom Line: Cut Costs, Keep Control
It’s no longer a question of whether you should outsource — it’s a matter of when. You can hire accountants and virtual assistants in the Philippines without giving up quality, reliability, or control.
By using VirtualStaff.ph, you get:
- Access to over 1 million pre-vetted staff
- No salary markups or hidden fees
- $99/month seat fee — flat and transparent
- Full control over who you hire and what you pay
- Hands-off HR, payroll, and compliance
- 14-day money-back guarantee
Thousands of business owners just like you are saving time and money while building leaner, more efficient teams. It’s not about replacing talent — it’s about hiring smarter.
Ready to Save Thousands and Hire Smarter?
If you’re paying $6,000 or more per month for a local accountant, you’re probably overpaying. Instead, outsource accountants to the Philippines with VirtualStaff.ph and redirect your savings to the areas of your business that actually drive growth.
Here’s what to do next:
✅ Create your free VirtualStaff.ph account
✅ Buy your first seat for just $99
✅ Post your accounting role
✅ Hire the right accountant and start saving immediately
Stop overpaying. Start outsourcing smarter.
VirtualStaff.ph makes it easy, affordable, and headache-free to build your accounting team in the Philippines.
