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Xconcile

Accounting & Bookkeeping Support

Outsourced Accounting & Bookkeeping Services for US Businesses

Xconcile provides dedicated accounting support for U.S. businesses and CPA firms, including bookkeeping, financial reporting, payroll, tax, and ongoing finance services.

  • ISO 27001 - ISO 27701
  • US GAAP Expertise

10+

Accounting Expertise

1K+

Businesses Supported

30+

Accounting Professionals

98%

Reconciliation Accuracy

ISO/IEC 27001:2022 certified company

4.3 out of 5 rating on Google

Google
Two professionals shaking hands over a signed agreement on a clipboard

Your Trusted Outsourced Accounting Partner in the U.S.

Xconcile helps U.S. businesses and CPA firms handle their financial work with experienced professionals and flexible outsourced support. Whether you need help with day-to-day accounting tasks or extra support during busy periods, our team works with your existing systems and processes to keep your work organized and on track.

We provide accounting and bookkeeping, outsourced tax preparation, payroll and compliance, audit and assurance, and Virtual CFO and FP&A services. Whether you need regular accounting support, help during busy seasons, or support with specific accounting tasks, our team works alongside you to keep your financial operations running smoothly.

With ISO/IEC 27001:2022 certification, we follow a structured approach to information security when handling business and financial information.

  • U.S. Accounting Experience
  • Dedicated Accounting Support
  • Support for CPA Firms

Key Challenges

Why Businesses & CPA Firms Outsource Accounting Work

Businesses and CPA firms use outsourced accounting services to manage talent shortages, control costs, and handle changing workloads.

  • Access to Skilled Accounting Talent

    Outsourcing provides access to experienced professionals for bookkeeping, tax preparation, audit support, and other accounting tasks.

  • Cost-Effective Accounting Support

    Outsourcing helps businesses manage costs by reducing expenses for hiring, salaries, benefits, training, and office overhead.

  • Scale Support With Seasonal Demand

    Adjust accounting support based on seasonal demand, with additional capacity during tax and audit seasons and reduce support when busy periods end.

  • Focus on Core Business

    Outsourcing accounting tasks allows internal teams to focus on core business operations and strategic growth.

Services

Our Accounting & Bookkeeping Services

From everyday bookkeeping to strategic financial planning, our outsourced accounting services help businesses maintain accurate financial records.

Chart of Accounts (COA) Optimization

  • Mapping COA to industry standards (e.g., specialized accounts for Real Estate or SaaS).
  • Cleaning up redundant or "ghost" accounts to streamline reporting.

Daily Transaction Processing

  • Real-time coding of bank and credit card feeds.
  • Splitting single transactions into multiple categories (e.g., a Staples receipt split between "Office Supplies" and "Computer Hardware").
  • Recording owner-paid business expenses (Accountable Plans).

Cloud Ecosystem Management

  • Setting up and syncing third-party apps (Hubdoc, Dext, or Expensify) with the main ledger.
  • Monitoring bank feed health and resolving "broken" connections immediately.

Vendor Onboarding & Compliance

  • Collecting and verifying IRS Form W-9 for all new vendors.
  • Maintaining a master vendor list to prevent duplicate payments.

The 3-Way Matching Workflow

  • Verifying that the Purchase Order (PO) matches the Receiving Report, which matches the Vendor Invoice.

Expense Management

  • Auditing employee expense reports for policy compliance and valid receipts.
  • Allocating corporate credit card spend to specific projects or departments.

Payment Strategy

  • Identifying "Early Payment Discounts" to save client money.
  • Weekly "Payable Aging" reviews to decide which bills to pay based on available cash.

Revenue Recognition & Invoicing

  • Managing "Deferred Revenue" for subscription-based models.
  • Creating "Progress Billings" for long-term construction or consulting projects.

Collection & Dunning Services

  • Setting up automated "Gentle Nudge" emails for invoices 1, 7, and 15 days overdue.
  • Documenting collection notes (calls made, promises to pay) directly in the accounting software.

Cash Application

  • Applying partial payments to specific invoice line items.
  • Recording and reconciling merchant fees (Stripe/Square) so the "Gross Revenue" remains accurate.

Customer Credit Management

  • Reviewing "Aged Receivables" to flag high-risk customers before new orders are fulfilled.

Advanced Reconciliations

  • Merchant Account Sync: Reconciling "Net Deposits" from Amazon/Shopify to "Gross Sales."
  • Loan & Lease Reconciliation: Splitting monthly payments into Principal and Interest based on amortization schedules.
  • Inter-company "Due To/From": Ensuring balances between parent and subsidiary companies net to zero.

Month-End Adjustments

  • Recording Accruals (expenses incurred but not yet invoiced).
  • Recording Prepaid Expenses (like annual insurance) and amortizing them monthly.
  • Adjusting Journal Entries (AJEs) for depreciation and amortization.

Reporting & Review

  • Generating a "Management Reporting Package" (P&L, Balance Sheet, Cash Flow).
  • Performing a "Trend Analysis" to spot unusual spikes in expenses (e.g., why is "Utilities" 40% higher this month?).

Backlog Processing

  • Entering data from previous months or years from bank statements.

Balance Sheet Forensic Review

  • Investigating old balances in "Uncategorized Assets" or "Opening Balance Equity."

Audit-Ready Packaging

  • Preparing a "Permanent File" of all high-value contracts and asset purchases for future audits.

Testimonials

Trusted by Businesses & CPA Firms

See how Xconcile helps businesses improve efficiency, visibility, and financial operations.

CPA Firms

Accountant reviewing client financials at his desk

Workload Impact42% Reduced

Challenge: Growing workload and limited accounting capacity.

Solution: Dedicated outsourced accounting support.

Result: Better financial visibility, streamlined operations, and reduced accounting workload.

How It Works

Our Accounting Outsourcing Process

Our process covers accounting requirements, workflow setup, ongoing management, and review of completed work.

  1. Understand

    Review your accounting requirements, systems, workflows, and reporting needs.

  2. Plan

    Set responsibilities, tasks, deliverables, timelines, and communication requirements.

  3. Onboard

    Set up access, understand your processes, and organize the transition to our team.

  4. Deliver

    Managed bookkeeping, reconciliations, month-end and financial reporting.

  5. Review & Improve

    Review work done, resolve pending tasks and improve processes as needed.

Industries We Serve

Accounting Expertise Across Industries

Accounting support designed around the financial workflows of different industries and business types.

Why Choose Us

Why Businesses Choose Xconcile for Accounting Outsourcing

Get reliable accounting support from experienced professionals to keep your finances organized, handle day-to-day accounting work, and give you more time to focus on growing your business.

  • US Accounting Expertise

    US accounting knowledge for accurate and compliant workflows.

  • Experienced Professionals

    Skilled professionals supporting your daily accounting needs.

  • Flexible Support

    Flexible support tailored to your accounting workload and needs.

  • CPA & Business Support

    Accounting support built for CPA firms and growing businesses.

  • Data Security

    Controlled workflows help protect sensitive financial information.

Colleagues celebrating with a high five at a meeting table
Accounting team collaborating at their desks
Team members joining hands over a desk
Accounting Experience
10+
Businesses Supported
1K+
Accounting Professionals
50+
Reconciliation Accuracy
98%

Software Expertise

Your Accounting Tools. Our Expertise.

We work with the accounting and audit platforms your team already uses, helping you maintain your existing workflows instead of rebuilding your process around a new system.

Accounting Software

  • QuickBooks
  • Xero
  • NetSuite
  • Sage
  • Dynamics 365
  • Bill.com
  • Zoho Books
  • FreshBooks

Practice Management

  • Karbon
  • Canopy

Receipt & Expense Capture

  • Dext
  • Hubdoc
  • Expensify

Testimonials

Trusted by Our Clients

See how Xconcile helps businesses improve efficiency, visibility, and financial operations.

Rosanne MallozziNavesink Tax and AdvisoryUnited States

Our Blog

Helpful Accounting Insights

Explore our latest accounting tips, guides, and business insights.

FAQ

Frequently asked questions

Find answers to common questions about outsourced accounting and bookkeeping services.

Outsourced accounting and bookkeeping means an external team handles your financial work, such as transaction coding, accounts payable and receivable, reconciliations, month-end adjustments, and financial reporting. Xconcile's professionals work with your existing systems and processes as an extension of your team, following US GAAP.

We cover bookkeeping and ledger maintenance (chart of accounts clean-up and daily transaction processing), accounts payable, accounts receivable, reconciliations and month-end close, and catch-up and clean-up work that brings historical books up to date for taxes or funding.

Alongside accounting and bookkeeping, Xconcile provides outsourced tax preparation, payroll and compliance, audit and assurance, and Virtual CFO and FP&A services for U.S. businesses and CPA firms.

Cost depends on your transaction volume, the number of accounts and entities, the services you need, and whether you need ongoing or catch-up support. Xconcile uses transparent, flat-fee pricing, and firms typically reduce overhead by 40% to 60% compared with local hiring; share your requirements to get a scoped proposal.

It depends on the number and complexity of returns and how much preparation and review support you need. See our outsourced tax preparation page, or share your requirements to get a scoped proposal.

Look for U.S. accounting experience and US GAAP expertise, a secure workflow (Xconcile is ISO/IEC 27001:2022 certified), experience with the software you already use such as QuickBooks Online, Xero, or NetSuite, and a review process that checks every deliverable before it reaches you.

Build the Right Accounting Team for Your Needs

Get dedicated accounting professionals matched to your workload, skills, and business requirements.

Talk to an Expert