Accounting

Accounting that gives global teams U.S. clarity.

From system setup to monthly close, we help international companies keep accurate U.S. books, connect reporting across borders, and make decisions from numbers they can trust.

Talk to an Accounting Advisor

U.S. GAAP Bookkeeping & Reporting

Accurate, reconciled books aligned with U.S. standards and structured for tax filings, management review, and parent-company visibility.

Monthly Close & Financial Controls

A clear close process for bank activity, revenue, payroll, accruals, expenses, reconciliations, and review-ready financial statements.

Accounting Tech & Automation Setup

Cloud-based systems, integrations, approval workflows, and automation that reduce manual work and keep finance teams aligned across time zones.

Management Reporting & Insights

Monthly reporting packs, financial dashboards, and KPI summaries that connect U.S. performance to your global strategy.

WHY IT MATTERS

U.S. accounting is more than keeping the books clean.

For international companies, U.S. accounting sits at the center of tax compliance, parent-company reporting, investor expectations, payroll, sales tax, and cash visibility. If the books are not structured correctly, every downstream decision gets harder.

Orbiss builds accounting systems that work for the U.S. entity and the global team behind it. We help your finance operation move from reactive bookkeeping to a reliable monthly process.

Monthly closes needed each year for reliable U.S. reporting

$32M

2026 IRS gross receipts threshold tied to cash-method eligibility

Core statements leadership needs: P&L, balance sheet, and cash flow

U.S. ledger your tax, payroll, sales tax, and reporting should connect to

FAQ

Frequently asked questions

U.S. accounting is more than bookkeeping. It is the foundation for reliable reporting, smarter decisions, and staying compliant as you grow.

A foreign-owned U.S. subsidiary needs a U.S.-ready chart of accounts, bank feeds, payroll entries, revenue tracking, expense workflows, sales tax tracking, intercompany records, and a monthly close process.
The system should support U.S. tax filings while also giving the foreign parent company the reporting visibility it needs for consolidation, cash management, and leadership review.
Private U.S. companies are generally not required by the federal government to publish annual financial statements or undergo a statutory financial statement audit solely because they exist.
However, investors, lenders, parent companies, board members, or acquisition counterparties may require U.S. GAAP financial statements, reviewed financials, audited statements, or reporting packages. In practice, clean accounting is often a business requirement even when it is not a statutory filing requirement.
U.S. tax rules and U.S. GAAP serve different purposes. U.S. GAAP is designed to present financial performance for management, investors, lenders, and stakeholders. Tax rules determine taxable income and allowable deductions under the Internal Revenue Code.
This creates book-tax differences, such as depreciation timing, meals limitations, stock compensation, accrued expenses, penalties, and other items that may be recorded differently for financial reporting and tax filing.
For 2026, the IRS gross receipts threshold for certain accounting method rules is $32 million, measured using average annual gross receipts over the prior three-tax-year period.
Even when a company is permitted to use the cash method for tax purposes, accrual accounting may still be needed for U.S. GAAP reporting, investor expectations, parent-company consolidation, or management visibility.
Sometimes, but it often creates problems. A foreign accounting system may not handle U.S. payroll entries, sales tax tracking, U.S. bank integrations, U.S. chart-of-account needs, or dollar-denominated reporting cleanly.
Many U.S. subsidiaries operate best with a localized accounting system that can still integrate into the parent company’s reporting process. The goal is not to duplicate work — it is to make U.S. data reliable and usable.
Most growing U.S. companies should close their books monthly. A monthly close helps leadership monitor cash, revenue, expenses, payroll, sales tax, and financial performance before issues become year-end cleanup projects.
For investor-backed or parent-owned subsidiaries, monthly reporting is often expected even if tax filings are annual or quarterly.
U.S. GAAP is less tied to a standardized statutory chart of accounts than many European systems. U.S. reporting often requires more judgment in account structure, revenue recognition, expense classification, and financial statement presentation.
A U.S. subsidiary’s accounts may need to be mapped back to the foreign parent’s reporting standards for consolidation, management reporting, or audit support.
Yes, but intercompany charges need to be supportable. Management fees, royalties, software charges, cost sharing, and other intercompany flows should reflect the actual services or rights provided and should be documented consistently.
For international groups, accounting records should support transfer pricing, withholding, tax reporting, and parent-company visibility.