Accounting & Bookkeeping Services can Keep Your Finances in Order
TaskVirtual’s bookkeeping experts manage your finances with accuracy and confidentiality.
✅ Starting at just $6.24/hr.
✅ Awarded 🥇 by HP® for Virtual Assistants.
Accounting & Bookkeeping Services That Ensure Financial Clarity & Compliance
Our Accounting and Bookkeeping professionals function much like an in-house finance department because we offer the same accurate, compliant, and timely financial support. However, two key differences set us apart:
- Our finance experts work remotely on a flexible, contract basis tailored to your business structure and reporting needs.
- We manage accounts payable and receivable, ledger entries, bank reconciliation, payroll, and financial reporting.
Things You Can Hand Off Instantly
Bank Reconciliation
Can you reconcile all my bank and credit card statements accurately to ensure financial records match?
Book Updates
Please update my accounting books with all recent transactions and verify correct categorization throughout.
Profit & Loss Statement
Generate a complete profit and loss statement for last quarter highlighting revenue, expenses, and net income.
Invoice Tracking
Track all unpaid invoices and send polite reminders to clients for timely payments and collections.
Cash Flow Reporting
Prepare a detailed monthly cash flow report outlining inflows, outflows, and projected balance clearly.
Expense Categorization
Categorize all business expenses properly according to type for accurate reporting and tax preparation purposes.
Payroll Processing
Handle payroll for all employees this month ensuring correct salaries, deductions, and timely disbursements.
Payment Recording
Record all incoming client payments and deposits accurately to maintain balanced, up-to-date accounting records.
Tax Preparation
Assist with quarterly tax preparation by organizing documents, verifying deductions, and ensuring timely filing compliance.
Audit Review
Audit last month’s financial records thoroughly to identify discrepancies and confirm accuracy across all entries.
Recurring Billing Setup
Set up automated recurring billing for subscription clients to streamline payments and ensure consistency monthly.
Accounting & Bookkeeping Services That Keep Your Finances Accurate, Clear, and Compliant
Budgeting
Personalized budgeting strategies to help you control expenses, manage finances effectively, and achieve long-term financial stability and goals.
Tax Preparation
Professional tax preparation services ensuring compliance, accuracy, and maximum deductions to optimize your returns and financial outcomes.
Bank Reconciliation
Accurate and timely bank reconciliation services to verify transactions, eliminate errors, and maintain precise financial records consistently.
Financial Analysis
Comprehensive financial analysis services providing valuable insights that empower data-driven business decisions and long-term profitability.
Financial Reporting
Clear and concise financial reporting services ensuring transparency, regulatory compliance, and effective business performance evaluation.
Accounting Services
End-to-end accounting services designed to streamline financial operations, maintain compliance, and enhance your business’s overall efficiency.
Accurate Accounting & Bookkeeping Services That Keep Your Finances in Perfect Order
We offer end-to-end QuickBooks bookkeeping services tailored to small and medium-sized businesses seeking real-time financial clarity and compliance. From daily transaction categorization and bank reconciliations to monthly reporting and payroll integration, we handle it all using both QuickBooks Online and Desktop versions. Our team ensures your books are accurate, audit-ready, and fully aligned with your business objectives.
For businesses using cloud-first solutions, our Xero bookkeeping services provide seamless financial management, automation, and real-time visibility. We manage everything from invoice processing and bank feed setup to expense tracking and report generation, fully leveraging Xero’s smart features like Hubdoc integration and automated bank reconciliation. Our certified advisors help you make the most of Xero’s ecosystem to improve efficiency and accuracy.
Maintaining tax compliance is critical to avoiding penalties and sustaining business growth. We offer comprehensive support covering GST, VAT, income tax, and corporate tax filing, using software like TurboTax, Avalara, and government e-filing portals. Our services include accurate record-keeping, timely submissions, and proactive updates on regulatory changes to ensure your financial practices stay fully compliant.
Our accounts receivable management service helps businesses maintain steady cash flow by streamlining invoicing, tracking payments, and following up on overdue accounts. We use tools like Zoho Books, QuickBooks, and Chaser to automate reminders and reduce days sales outstanding (DSO). With a structured collection process and detailed reporting, we ensure your revenue stays predictable and professionally managed.
Effective fixed asset management ensures your business tracks depreciation, asset lifecycle, and valuation with precision. We implement systems to manage acquisition, tagging, depreciation schedules, and disposal using tools like Asset Panda, Sage Fixed Assets, and NetSuite. Our approach minimizes errors and supports audit readiness while aligning asset accounting with financial reporting standards.
Clear, accurate financials are key to decision-making and compliance. Our financial statement preparation services cover balance sheets, income statements, cash flow reports, and equity summaries—compliant with GAAP or IFRS standards. We prepare monthly, quarterly, or annual reports using platforms like QuickBooks, Xero, and Excel-based consolidation tools, ensuring your stakeholders always have reliable data at hand.
Efficient accounts payable management is vital to maintaining vendor relationships and managing cash flow. We oversee invoice receipt, approval workflows, payment scheduling, and reconciliation using platforms like Bill.com, SAP Concur, and QuickBooks. Our service minimizes late fees, prevents duplicate payments, and provides full visibility into your outgoing financial obligations.
When it comes to audit support, we act as your internal liaison—organizing documentation, clarifying financial records, and responding to auditor queries. We assist in compiling working papers, reconciling balances, and ensuring compliance with auditing standards. Whether for statutory, internal, or tax audits, we use tools like CaseWare and cloud document sharing platforms to streamline the entire process.
Our accounting software setup service ensures you’re equipped with the right financial systems from the start. Whether you're implementing QuickBooks, Xero, FreshBooks, or Sage, we handle chart of accounts creation, user permissions, initial data migration, and integrations. We also provide training and post-setup support to ensure your team can confidently manage the software going forward.
Modern businesses benefit greatly from cloud-based accounting, which offers real-time collaboration, remote access, and automated updates. We set up and manage cloud solutions such as Xero, QuickBooks Online, and Zoho Books, enabling you to access reports, manage invoicing, and monitor cash flow from anywhere. Our services also include cloud migration, data security checks, and integration with banking APIs and third-party tools.
Handling VAT filing accurately and on time is essential for avoiding penalties and maintaining compliance. We calculate input and output tax, manage VAT returns, and file through government portals or MTD-compliant software such as Avalara, Xero, or TaxJar. Our service includes transaction validation and reconciliation to ensure every submission is correct and fully documented.
Accurate general ledger maintenance is the backbone of all financial reporting. We perform regular reviews, reconcile balances, and ensure that each transaction is categorized correctly and in compliance with applicable standards. Using platforms like QuickBooks, NetSuite, and SAP, we maintain a clean, balanced ledger that supports financial transparency and audit readiness.
Managing inventory efficiently requires accurate valuation and cost tracking. Our inventory accounting services include real-time stock reconciliation, COGS analysis, and perpetual vs. periodic system implementation. We work with tools like QuickBooks Commerce, DEAR Inventory, and Zoho Inventory to integrate accounting with your inventory management system—ensuring financial accuracy and operational control.
Our Accounting and Bookkeeping VA Team stands Distinct
Professional Precision
We manage your financial data with utmost care, ensuring every transaction is recorded, categorized, and reported with clarity and accuracy.
Affordable Management
Our services are tailored to be affordable for startups and established businesses alike, helping you reduce overhead while staying financially compliant.
Extensive Service
From daily bookkeeping and payroll to tax preparation and financial reporting, our expert teams handle it all seamlessly.
Consistent Accuracy
Despite our competitive pricing, we maintain the highest standards of accuracy and compliance—delivering reliable results you can trust.
Active Clients
Tasks Done
OUTBOUND CALLS
Glorious Years
Got questions?
We've already answered the most common ones below for our Accounting and Bookkeeping Services
Accounting and bookkeeping services involve the organized recording, reconciliation, and reporting of a business’s financial activities. They help ensure accuracy, cash flow tracking, and tax readiness. Core offerings include:
- Transaction categorization and ledger maintenance
- Bank and credit card reconciliation
- Payroll processing and vendor payments
- Invoicing and accounts receivable/payable
- Monthly and year-end financial reports
TaskVirtual specializes in online accounting and bookkeeping services for startups, eCommerce brands, and professional firms, including those seeking outsourced finance and accounting solutions.
Bookkeeping is the foundation—recording daily financial transactions like sales, expenses, and payments. Accounting builds on that data to analyze finances, generate reports, and inform decision-making.
For startups and SMEs, TaskVirtual combines both accounting and bookkeeping services for small businesses into tailored, affordable packages.
Our bookkeeping and accounting services generally cover:
- General ledger maintenance
- Accounts payable and receivable
- Monthly reconciliation of statements
- Profit and loss (P&L), balance sheet, and cash flow reports
- Categorizing expenses for tax season
- Integration with tools like QuickBooks, Xero, or Wave
We also provide virtual bookkeeping assistant services for routine or backlog tasks.
TaskVirtual’s services begin at $6.24/hour, with options like:
- Hourly billing for ad-hoc tasks
- Monthly plans for recurring reporting
- Project-based rates for catch-up bookkeeping or financial cleanups
We also offer accounting and bookkeeping service for startups with scalable support as you grow.
We support a wide range of platforms:
- QuickBooks Live Assisted Bookkeeping
- Xero, Zoho Books, and Wave Accounting
- Bill.com, Gusto, and ADP for payroll
- Hubdoc or Dext for receipt management
Whether you need bookkeeper administrative assistant help or full virtual assistant bookkeeping services, we integrate seamlessly with your tech stack.
Yes. Our accounting and finance outsourcing team handles:
- Weekly, biweekly, or monthly payroll runs
- Paystub generation and tax compliance
- Contractor payments and 1099/ W-2 processing
- Time tracking and PTO reporting
- Integration with tools like Paychex and Gusto
We also work with bookkeeping assistants to manage smaller teams or freelance workforces.
Absolutely. We ensure your books align with IRS, UAE FTA, Singapore IRAS, or local tax laws. Services include:
- Proper expense categorization
- Sales tax/VAT/GST tracking
- Year-end financial summaries
- Documentation prep for CPAs
Note: While we don’t file taxes directly, we collaborate with your accountant or auditor for seamless reporting.
Yes. TaskVirtual offers catch-up bookkeeping and financial cleanup services. We:
- Reconstruct records from up to 2–3 years back
- Fix reconciliation errors and misclassified entries
- Organize books ahead of audits or funding
- Deliver outsourced accounting and bookkeeping services on-demand
Perfect for startups or agencies that need to get investor-ready fast.
Yes. We tailor services for industries such as:
- eCommerce – Sales platform integration (Amazon, Shopify, WooCommerce)
- Agencies & Consultants – Time tracking, invoicing, contractor payments
- Healthcare & Clinics – HIPAA-compliant bookkeeping
- Real Estate – Rental income, depreciation, and maintenance costs
- Startups – Pre-revenue cost tracking and runway reporting
- eCommerce – Sales platform integration (Amazon, Shopify, WooCommerce)
Yes. At TaskVirtual, we protect your financial data through:
- Encrypted access to software and data
- Two-factor authentication and password managers
- Cloud backups and limited-access file sharing
- Confidentiality agreements signed by all team members
Whether you're working with a virtual assistant bookkeeper, accounting assistant, or full finance and accounting outsourcing team, your information is safe.
Free Consultancy? Contact Us Now!
If you really want to grow as an entrepreneur, you've got to learn to delegate.
– Richard Branson, CEO and founder of Virgin Group.
