Trust Bookkeeping Services
Virtual Bookkeeping Services works with IFS to provide after the fact bookkeeping services to their tax clients. If you are not a client of IFS, please use this link.
About Virtual Bookkeeping Services
- We provide worry-free, hassle-free outsourced bookkeeping since 2008.
- We are a team of QuickBooks Certified ProAdvisors who are certified in Quickbooks and are part of the Elite support group with Intuit.
- We service over 70 businesses in the United States.
- We come highly recommended and can provide references upon request.
After the Fact Bookkeeping Services
- We use QuickBooks Online for the accounting software. If you are already using Desktop, that’s ok too.
- The client provides us “view only” banking access to help facilitate the bookkeeping.
- We utilize chart of accounts specialized for trust accounting provided by IFS.
- Choose once per month, or once a week service – We work behind the scenes recording the activity from all banking sources via the online banking module in QuickBooks Online.
- We will also enter any bills of sales and complete the sales of asset worksheet, if applicable, as a part of our service.
- Once a month, we reconcile all accounts and confirm everything is categorized accurately.
- Once a month after the books are closed, we provide financial reports such as a profit and loss and balance sheet.
- Once a year and when the annual financials are approved, we will send over to Richard on your behalf.
- Prices start at $500 per month for one trust.
To get the process started and receive a quote, please fill out this form.