Top 7 Virtual Bookkeeping Services in 2022

Virtual Bookkeeping:

This is an online bookkeeping service to manage business finances. Virtual bookkeeping assists you with invoices, tracks expenses, and prepares financial reporting. Most small businesses and startups with fewer resources to afford an in-house bookkeeper, opt to have virtual bookkeeping. Taking the help of accounting software to keep the books up-to-date is also part of virtual bookkeeping services.

 

Let’s have a look at the top 7 virtual bookkeeping services for the year 2022.

 

1. Bookkeeping Pro Services:

If you need historical bookkeeping, you can get the help of experts for keeping your books up-to-date. With the help of highly qualified bookkeepers and accountants, you can grow your business in bookkeeping, tax, payroll, and financial advisory services.

BookkeepingPro services understand your business requirements and personalize these accounting and bookkeeping services to fit your needs. The expert bookkeepers have 12 years of past experience to complete backlog, reconcile all the accounts, update books of accounts with proper tax obligations.

Features:

• Manage your Payroll Processing with the help of ADP, Gusto and QuickBooks payroll.
• Customize your charts of accounts with the help of accounting software to generate financial reports
• Classify your transactions into proper accounts
• Reconcile your ledger accounts to maintain accurate books such as cash flow statements, balance sheets and income statements.
• For all banks, credit cards, PayPal accounts, BookkeepingPro service make reconciliation at regular intervals.
• Expert bookkeepers carry out Accounts Receivable Management and Cash flow management

 

 

2. Xendoo

If you are looking for weekly bookkeeping, tax filing, tax consultation, and preparation. Xendoo offers free online subscriptions for Xero and QuickBooks. With excellent customer service support, Xendoo is an easy-to-use virtual bookkeeping tool. It provides you with monthly bookkeeping and reporting.

You will find competitive price plans for virtual bookkeeping services on the website. You can grow your business with its three major affordable services bookkeeping, tax, and catchups

All of its bookkeeping plans include the following features.

Features:

• Monthly financial reporting
• Profit and loss statements
• Get a one-month free trial
• Offers 5 plans to fit the needs of your business with prices starting from $195
• Dedicated bookkeeper
• Monthly graph trends
• Tax returns
• Tax consulting
• Cash basis bookkeeping and modified accrual bookkeeping
• Mobile app

2. Bookkeeping360

Now you can personalize your bookkeeping, tax, and advisory solutions to grow your business. Bookkeeping360 offers a full-service accounting platform with monthly or weekly reconciliation. It depends upon your monthly cash consumption and whether you use cash or accrual accounting basis. It offers a dedicated accountant to deliver high-quality work. Even if you have no time to clean the mess of your wrongly added books or inaccurate tax filing, you can trust our bookkeeper to put your business on track.

 

Features:

• You have the option to choose between Xero and QuickBooks
• Businesses that sell products and services can use Shopify and Expensify
• You can contact customer service through email, phone, and online chat
• With full-time service, Bookkeeping360 staff is based in the USA
• Its Add-on-service comes with the outsourced HR department
• From medium-sized to growing businesses, you can outsource bookkeeping, payroll, and accounting services as well.
• Prices for the cash basis monthly begin at $349, whereas, for the accrual basis, it starts at $499 monthly

 

3. BELAY

BELAY is another virtual bookkeeping service that offers flexible prices for many features. The essential plan of BELAY includes monthly bookkeeping, financial reporting, and journal entries with a price of $450. While, the growth plan of BELAY offers invoicing, payroll processing, and record deposits for $650.

With BELAY, you can have a dedicated bookkeeper who helps you handle balance sheets. You can easily do a reconciliation of your bank and credit card accounts

BELAY offers Add-ons services with the following;

• Virtual Assistants
• Social Media Managers
• Website Specialists
• Invoicing services
• Accounts payable processing
• Payroll processing

 

4. 1⁠–⁠800Accountant

This virtual bookkeeping service is ideal for small and growing businesses where you can get an end-to-end accounting platform. 1-800Accountant comes with a digital solution to your accounting needs. With the expansion of your business, this virtual bookkeeping service further add-on payroll and tax preparation services along with bookkeeping.

Features:

• Dedicated bookkeepers help reconcile your accounts and categorize transactions accurately.
• Comes with 4 pricing plan that begins with the free version for startups, and move on to business, corporation, and enterprise.
• Get hassle-free bookkeeping with transparent pricing, zero hourly rate or hidden fees, easy integration, and a secure online portal.
• Tax preparation service, tax review, tax filing, and tax signing
• With CPAs employed in every state, you can get access to the best accounting and bookkeeping practices.

 

5. Streamline Bookkeeping

Streamline Bookkeeping is another virtual bookkeeping service for small businesses and professional firms. Its price is fixed monthly transactions with up to $199 for small business setups. When you sign up for QuickBooks, you will receive a 50% discount on the bookkeeping subscription.

This virtual bookkeeping service uses the help of professional CPAs to increase the chances of best financial decisions and profit.

Features:

• Provide free consultation
• Monthly reconciliation
• Personalized service
• Transaction coding and categorization
• Review financial reports monthly through phone meetings
• Profit or loss statements
• Balance sheet
• General ledger
• W-9 management
• 1099 filing

 

Other features of Streamline bookkeeping include:

• Accurate and timely preparation of financial reporting
• Monthly reconciliation of bank and credit card statement
• Data entry of Business transactions
• Get access to financial reporting online through QuickBooks

 

6. ai

Zeni.ai is another leading virtually based bookkeeping service that offers bookkeeping, accounting, and CFO services. It is a full service for startups handled by an expert finance team. With a simple price plan, Zeni.ai works well for startups and small and big businesses. It charges you flat monthly fees depending upon your monthly expenses.

There are three pricing plans full-service plan, a professional plan, and an enterprise plan offering different services. These Zeni.ai price plans per month start from $549, and $799, and are customized respectively.

 

Features:

• Daily bookkeeping
• Finance Concierge for Zoom calls
• Insight of AI automatically
• Advance revenue recognition
• Inventory accounting
• Charts of accounts
• Customized reports

7. co

The bench is a leading virtual bookkeeping service that provides you access to a team of U.S based expert accountants, bookkeepers, and CPAs. The bench is a one-stop solution for bookkeeping, advisory, tax prep, and tax filing.

 

Its monthly plan starts from a $249 essential plan and a premium plan for $399.

Let’s have a look at what you will get with Bench pricing plan features.

Features:

• Dedicated bookkeeping team
• Monthly bookkeeping
• Financial statements ready for year-end
• Unlimited and excellent communication with the research team
• Unlimited Income tax support
• Powerful financial reporting to make informed financial decisions
• One-on-one income tax consultation
• Annual income tax filing for individuals and businesses
• The bench is offering 30% off for your first three months.

 

Wrap Up:

Virtual bookkeepers make use of accounting software to maintain and record the financial activities of the business. The virtual bookkeeping services include payments in process and expenses incurred. It reconciles your monthly accounts and then provides you with up-to-date financial reports.

 

You can either choose to do your books or choose an affordable virtual bookkeeping service. While managing your books, you may not get the best out of your finances due to a lack of time.

With the use of the top-rated virtual bookkeeping services mentioned above, you can save time and cost to focus on the growth of your business.