What Is Virtual Bookkeeping?

Virtual bookkeepers are bookkeepers who work online, entirely remote and online. They are doing the same work as a regular bookkeeper, like handling accounts receivable and payable, they record or post transactions, they generate financial reports and run bank statements reconciliations. But they do it from another location, which can be their office or another place, different from the business headquarters.

Using a virtual bookkeeping firm is exactly the same as using an in-house bookkeeper, but the communications and file transfers and any other things are all done on the computer, remotely. Basically, a company can hire a bookkeeper anywhere in the globe, as long as they have access to a computer and Internet. Also, your business can be located anywhere in the world and you can run it remotely as well. Working with a virtual bookkeeper can save small businesses time, money and other resources.

With the help of remote services for your bookkeeping you can help your business grow, develop and be successful. You can also help your business remain organized because with virtual services you have access to real-time reports and financial information, kept in an organized manner. Programs such as QuickBooks are ideal and they make the online work not only possible, but accurate and precise.

Through these virtual services companies can communicate with more ease, through e-mails, video conferencing or messaging. Files can be sent through Google Drive or Dropbox so the size of these files is not a problem. These services are preferred by small and medium companies in size who want to conserve time, be flexible and reduce costs.

Online bookkeeping services are usually offered by companies who specialize in modern solutions and they have modern tools and programs that allow them to operate in this way. They can also be offered by freelancers or online bookkeeping platforms.