You handle the day-to-day transactions that keep your business running. But when the end of the month arrives, are you confident that your books are truly accurate and compliant?
Vertaccount’s Simple Month-End Bookkeeping service is designed for business owners who manage their daily entries but need expert oversight to finalize their books. We perform the critical reconciliations, adjustments, and closing procedures to ensure your monthly financial reports are accurate and reliable. It’s the perfect, cost-effective way to gain professional assurance without paying for full-service support you don’t need.
Targeted Expertise for a Perfect Close
Our service provides targeted expertise exactly when you need it. We systematically follow a detailed month-end bookkeeping checklist to ensure nothing is missed.
Bank Reconciliations
Ensuring your cash balances are 100% accurate and match your bank records.
Credit Card Reconciliations
Verifying all corporate credit card transactions are accounted for and categorized correctly.
Merchant Account Reconciliations
Reconciling sales and fees from payment processors like Stripe, PayPal, and Square.
Adjusting Journal Entries
Recording necessary month-end adjustments like accruals and depreciation for accurate reporting.
Month-End Close Procedures
Systematically closing your books according to best practices to finalize the period.
Sales Tax Calculation & Filing
Managing monthly or quarterly sales tax obligations to maintain compliance.
Key Financial Reports
Delivering a clear Profit & Loss Report and Balance Sheet, giving you a reliable snapshot of your business's health.
Benefits of Vertaccount's Month-End Service:
Ensure Accuracy
Gain confidence that your financial data is correct, reviewed professionally according to thorough bookkeeping month end procedures.
Maintain Compliance
Stay on top of requirements like sales tax filings.
Receive Timely Reports
Get reliable Profit & Loss and Balance Sheet reports promptly after our efficient bookkeeping close end of month process.
Gain Peace of Mind
Reduce the stress and uncertainty associated with closing your books.
Identify Issues Early
Catch potential errors or discrepancies monthly, not just at year-end.
Support Tax Preparation
Provide your CPA with clean, accurate financials for easier tax filing.
Professional Oversight
Benefit from expert review without the cost of full-service bookkeeping.
Before Vertaccount
- Challenge : Time-consuming, stressful month-end reconciliations and closing procedures.
- Challenge : Uncertainty about the accuracy of internally prepared financial statements.
- Challenge : Potential errors or compliance issues (like sales tax) missed until year-end.
- Challenge : Lack of clear, reliable financial snapshots for monthly performance review.
With Vertaccount
- Solution : Efficient, streamlined month-end process handled reliably by experts.
- Solution : Confidence in professionally reviewed and reconciled monthly reports.
- Solution : Timely identification and correction of issues; improved compliance posture.
- Solution : Consistent delivery of accurate P&L and Balance Sheet for better insights.
Benefits of Vertaccount's Month-End Service:
Feature | Vertaccount Month-End Service | DIY (Do It Yourself) | Full-Service Bookkeeping Firm |
|---|---|---|---|
Cost | Affordable, fixed monthly fee. Predictable and cost-effective. | No direct cost, but high cost in terms of your time and potential errors. | The most expensive option; you pay for daily services you may not need. |
Accuracy | High. Professional review, reconciliation, and adherence to best practices. | Variable. Prone to errors, missed entries, and compliance risks. | High. Also provides professional accuracy. |
Time Commitment | Minimal. We handle the entire month-end process for you. | Very High. Requires hours of your valuable time each month. | Minimal. They handle everything. |
Best For | Businesses seeking expert oversight and accuracy at a great value. | Businesses with very low transaction volume and accounting expertise. | Businesses that want to outsource all daily financial tasks. |
Expertise Across Diverse Sectors
We have experience providing tailored bookkeeping solutions for businesses in various industries, including:
Seamless Integration with Your Tech Stack
We are proficient in the leading cloud accounting and financial software, ensuring smooth integration
Hear From Our Satisfied Clients
Exceptional attention to detail and goes beyond just processing numbers—actively protects our business interests by catching issues others overlook. Highly recommend for their technical expertise and genuine dedication.
Ready for Accurate, Stress-Free Month-End Closing?
Ensure your financial reporting is reliable and compliant without the overhead of full bookkeeping. Let Vertaccount provide the expert month-end support you need. Get your personalized quote today.
Frequently Asked Questions (FAQ)
Common Questions About Simple Month-End Bookkeeping
A comprehensive month end bookkeeping checklist ensures all necessary tasks are completed for accurate financial reporting. Key items typically include: reconciling all bank, credit card, and loan accounts; recording accounts payable and receivable; accounting for inventory (if applicable); recording accruals and prepayments; posting depreciation and amortization; reviewing the general ledger for errors; and finally, generating financial statements like the P&L and Balance Sheet. Vertaccount utilizes a detailed internal bookkeeper month end checklist covering these and other relevant month end bookkeeping tasks.
Standard bookkeeping month end procedures involve a systematic workflow to finalize the books for the period. This generally includes: gathering all financial data for the month, performing reconciliations (bank, credit card, etc.), recording necessary adjusting journal entries (the specific closing the books month end entries), reviewing the trial balance and financial statements for accuracy and reasonableness, and finally closing the period in the accounting software. Our service executes these month end closing bookkeeping procedures efficiently.
Closing the books month end means finalizing all transactions for that specific accounting period. It ensures that all revenue and expenses are recorded in the correct period, all balance sheet accounts are reconciled and accurate, and necessary adjustments (month end entries) are posted. Once closed, the financial statements for that month are considered final, providing a reliable snapshot of performance and position. This is a core part of our month end bookkeeping service.
Yes, absolutely. This service is designed for businesses that manage their day-to-day entries but want professional expertise for accurate month-end closing and reporting.
We specialize in Xero, QuickBooks Online, and Sage Intacct, along with related apps. We can adapt to your existing platform.
Pricing is typically a fixed monthly fee based on factors like transaction volume, number of accounts to reconcile, and complexity. We provide a custom quote after a free consultation.
We usually require secure access (often read-only or specific user permissions) to your accounting software and connected bank/credit card/merchant account feeds to perform reconciliations and closing tasks.
Our goal is to deliver your reconciled financial reports within [e.g., 5-10 business days] after receiving all necessary information for the month. We establish clear deadlines during onboarding.
Our Simple Month-End service is a review and finalization process for businesses that handle their own daily bookkeeping. Our Full Bookkeeping service is an end-to-end solution where we manage all your daily transactions and the month-end close. This service is the perfect, affordable step up from DIY.
Yes. Expert and timely reconciliation of all bank, credit card, and merchant accounts is the core of this service. We ensure your cash position is always accurate and that every transaction is accounted for correctly.
Contact Us Today
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