What Bookkeeping and Accounting Virtual Assistant Can Do For Entrepreneurs

accounting virtual assistant

Andy is a technology & marketing leader who has delivered award-winning and world-first experiences. So you have to decide on the requirements of your firm and hire someone best for the job. What’s worse is that since owners might not know how to calculate taxes, they remain unaware of the amount they have to pay until the last moment. Moreover, bookkeeping VAs are adept at the latest accounting systems that help them work quicker. Most VAs charge only based on the number of hours they work and not a fixed salary.

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They offer an extra hand with organizing files, making calls, and other simple administrative tasks. If you are looking for a virtual bookkeeper who will do more than just bookkeeping, you should check out 24/7 Virtual Assistant. Unfortunately, some clients can forget to pay and require someone to remind them regularly. And you might not always have the time to mail, message, or call them. That’s why you should consider handing over your finances to a virtual bookkeeper.

accounting virtual assistant

Training And Security Culture

accounting virtual assistant

Uassist.ME is an El Salvador-founded company now based in Miami Beach, Florida. It prides itself on “near shore” assistance, most of which are bilingual VAs who speak both English and Spanish. The company was founded in 2009 to help business owners with common tasks, such as administrative and marketing solutions.

What Skills Do Accounting Virtual Assistants Have?

However, when you run a business, you’ll hardly have the time to look after the finances. Additionally, a trained accountant will be able to avoid financial errors that you wouldn’t have noticed. If you’re overworked, stressed, and sick of handling your own finances, take the leap and hire an accounting VA.

Just keep in mind that the rate you pay will determine how experienced the accounting VA is. By working with a VA, you can let them handle these repetitive tasks while you focus on high-value activities. Add to that task management, general admin, and calendar management, and your workload can feel overwhelming. Instead of closing your computer at five, you may find yourself working long into the evening just to tread water. Keep in mind that a lower rate does not always mean poor quality work, but it’s important to find the right balance between cost and value.

  1. If so, you’ve likely discovered a few job postings advertising virtual assistant (VA) roles.
  2. Accounting or bookkeeping virtual assistants need to be able to keep up with the latest technology and tax regulations.
  3. Communication platforms, project management tools, and others are examples.
  4. If you need a template for a business plan, the Small Business Association (SBA) offers several templates to help you get started.

Virtual Assistant Salary: How Much Do Virtual Assistants Make?

The bookkeeping process requires handling many financial data and other types of files. Highly organized virtual bookkeepers can ensure that your documents https://www.quick-bookkeeping.net/accounts-receivable/ are properly organized by expense type, accounting period, or both. Look for someone who can help you know where to find what you need quickly.

When you hire a freelance accounting assistant, you must ensure a non-disclosure agreement (NDA) protects your clients’ data. As a certified professional, creating the contract for your freelance VA is your job. Yes, it is safe to share how to find a good accountant for your small business sensitive financial information with a virtual assistant for accounting. However, it is important to ensure that they have proper security measures in place, such as secure file-sharing platforms and confidentiality agreements.

accounting virtual assistant

Our highly skilled Accounting Virtual Assistants provides services such as bookkeeping, general ledgers and preparing invoices to customers. Our Accounting Virtual Assistants specialize in sending payment reminders and following up with customers by phone. They will maintain financial data, monthly and quarterly expense reporting in your chosen software application. Having a virtual bookkeeping assistant can be a massive help for entrepreneurs in taking care of their finances. Say goodbye to the stress of managing your finances on your own and hello to the convenience of a virtual assistant from Express Virtual Assistant.

VAs are vetted and paired with small and medium-sized businesses(SMBs)  based on their background. It has VAs with backgrounds in business, marketing, customer service, finance, lead generation, sales and design and development. PeoplePerHour offers a wide range of contract options, including hourly and project-based contracts.

Regardless of the size of your organization, you need a reliable professional to carry out accounting tasks. Because VAs work on an as-needed basis and are not on your payroll, they save you money overall. Depending on the nature of your business, you should be prepared to ask your virtual assistant to sign a nondisclosure agreement (NDA). Many of the best virtual assistant services will even provide an NDA tailored to your business for you to have the VA sign. When hiring a virtual assistant, of course, you’ll be concerned about the price of the labor.

They can also help invoice clients and ensure payments are made on time. It enables you to avoid cash flow problems that can cripple your business in the future. At one point, it becomes nearly impossible to handle all the bookkeeping tasks by yourself. According to a study by Owl Labs, 16% of companies operate remotely, and even more work in hybrid models – a mix of both in-office and virtual employees. Are you tired of drowning in paperwork and feeling like you’re stuck in an endless cycle of invoicing and expense reports? Well, get ready to wave goodbye to those accounting woes because, with an accounting virtual assistant, you’ll have a pro handling all those boring yet important tasks for you.

Look for VACs that have the relevant security certifications and accreditations such as ISO, PCI DSS or SOC 2. Make sure they comply with the relevant regulations and standards that apply to your industry or the kind of data they will be handling. We’ll also assist with scheduling candidate interviews and administering test tasks. Just fill out the consultation form, so we can set up a call to get to know your company and staffing needs a bit more.

In simple terms, virtual bookkeeping is a financial management service that is conducted remotely. The role of a bookkeeping or https://www.personal-accounting.org/ is to assist business owners with finance management. From tracking transactions and expenses to creating financial reports, they can help keep finances in check. An accounting virtual assistant (VA) is a professional who provides accounting and bookkeeping services remotely. Zirtual has been in the virtual assistant bookkeeping services for a while now and we know a thing or two about what it takes to keep a business’s finances in order. Our team of accounting virtual assistants is not only highly skilled and experienced but they’re also dedicated to making sure your business runs smoothly.