VTeam offers a variety of accounting, bookkeeping, and tax preparation services for businesses from any industry or business sector.

Our comprehensive service packages include the following services:

  • Accounting and bookkeeping services
  • Accounts receivable and accounts payables services
  • Bank and credit card reconciliation services
  • Management reporting services

Outsourcing Bookkeeping Services

Work with experienced and trained bookkeeping professionals at VTeam. All our team members have extensive experience in providing focused and tailor-made bookkeeping services for all types of businesses.

Our bookkeeping service offerings include:

  • Double-entry bookkeeping
  • Charts of accounts setup
  • Trial balance finalization
  • Year-end accounting closings
  • Customized bookkeeping solution

Accounts Receivable Outsourcing Services

Our accounts receivable outsourcing services focus on the core accounting activities to help businesses manage their accounts receivable. Managing your accounts receivable accounts is crucial in ensuring and improving the company’s productivity and profitability.

We focus on providing the following services with our accounting receivable services:

  • Revenue recording and accounting
  • Maintain client bills and statements
  • Decrease daily sales outstanding
  • Improve the company’s financial liquidity
  • Lower operational and administrative costs
  • Manage collection and cash flow
  • Customer creation and updates
  • Record and book receipts

Accounts Payable (AP) Outsourcing Services

Our accounts payable services bring together and efficiently manage all the supplier-facing processes. This helps us ensure the efficiency of the company’s investments in its setup, infrastructure, human resources, administration, etc. With our help, you can accurately record the bills of credit, track the same, and ensure timely payment to suppliers.

Our accounts payable outsourcing services help businesses:

  • Reduce the processing costs of accounts payable
  • Ensure multi-level invoice validation
  • Ensure timely payments and supplier satisfaction
  • Carry out timely exception resolution
  • Customize the reporting of credits from suppliers
  • Manage the supplier network efficiently
  • Combine and manage all supplier-facing processes

Bank and Credit Card Reconciliation

Bank and credit card reconciliation is extremely important for businesses as it helps businesses update their cash positions accurately at regular intervals. With our professional team, you can reconcile your bank or credit card accounts without any hassles.

With our bank and credit card reconciliation services, your business can:

  • Pay outstanding payments and deposit taxes
  • Ensure company and bank accounts match 
  • Create and understand the details of variances
  • Constantly verify the consistency of balances
  • Reconcile accounts receivable and payable

Payroll Outsourcing Services

Whether you are a small business or a large business, managing your payroll accurately is important. However, for small businesses, it becomes even more important as they may not have the expertise needed to process the same.

This is where VTeam can help you. With an expert team of accountants and client-centric service offerings, our payroll outsourcing services are best for any small business as we help them in a range of ways, such as:

  • Creating payroll sheet and paycheck
  • W2 and W4 reporting and filing
  • Employee insurance deductions
  • Calculation and check creation for federal dues (Taxes)
  • Calculation and check creation for state dues (Taxes)
  • Quarterly calculation of Form 940
  • Annual calculation of Form 941

Management Reporting

If you want to accurately evaluate how your business is doing in diverse business functions, financial reporting and analysis are crucial. That’s why we offer all-inclusive and client-centric management reporting services for all our clients.

Our service offerings include:

  • Profit and loss statement
  • Monthly accrual postings
  • Real-time report updating
  • Year-end and month end
  • Revenue and profit forecasts
  • Cash flow statement

Fixed Assets Accounting and Management

VTeam offers professional fixed assets accounting and management services to CPA firms in the US. When you work with us, you get the following advantages:

  • Get Real-time report updates
  • Robust reporting solutions
  • Affordable management reporting
  • Timely analysis of expenses and overhead

Having a team of expert and qualified accounting professionals is crucial to improve the health and stability of your business’s accounts. Hire our accounting outsourcing services now for expert help.