You have your own business and as a leader, you can no longer be torn between the many problems of the company. If you do not have financial education, then it is better to entrust this area to professionals to avoid terrible mistakes in paying bills, taxes, and budgeting.
Consider hiring a virtual bookkeeper. We interviewed experts from a full service business accounting company, and they agreed to list the benefits of outsourced accounting for us. But first, let’s deal with the question: what is virtual bookkeeping?
A virtual bookkeeper (Virtual Assistant) is an independent specialist, a person, who uses the Internet to do the work tasks and usually does it without reference to the office.
In simple terms, these employees are freelance accountants.
You may be interested in the topic of how does virtual bookkeeping works. What they do and what they encounter is not much different from the duties of a regular accountant. The difference is that the virtual assistant bookkeeper does not work with the programs for the entire month, but only for a certain period, which is enough to complete a certain task, for example, paying taxes.
What are the advantages of hiring a virtual bookkeeper?
1) Pay not a rate, but for the amount of work performed;
Regular accountants who are ranked among your staff receive a monthly payment, and they may have very little work during the day. For example, at the beginning of the month, special attention to accounting is not required. But in the end, they are usually fully loaded.
Virtual assistants, in turn, receive money for the work they have completed. When they don’t have work tasks, you don’t have to pay them.
2) Saving your money;
People working in the office need to be provided with a comfortable space. Appliances for work, kitchen appliances, a comfortable chair, access to water, coffee, tea, and a bathroom.
When you count, as a full-time employee in the office, you spend a tidy sum.
3) Bringing the documentation in order;
Why hire a virtual bookkeeper, not a permanent employee, is a better solution? In our experience, doing this will help you organize all the ledgers and data from the programs. Employees who work with the same problems in the same place every day gain tremendous experience over time.
But it will be extremely difficult for a new person to figure it out in such circumstances if an employee is replaced. If you constantly use the services of temporary employees, then access to securities will remain universal for everyone.
4) You will breathe a sigh of relief at the end of the day;
What does a virtual bookkeeper do? It frees your uptime. It is important for you, as the owner, that the business goes smoothly in the company. If you are responsible, then, as a rule, you have to stay late at work and solve pressing problems. Including office accountants. Do you want to spend the night at work on Friday evening at the close of the month? After all, everyone creates their own business specifically to work less.
So with a virtual assistant, you can leave on Friday and meet with friends, spend time with your family, because the accountant will complete your task on time and, if anything, he will be able to resolve all issues with you by phone or in correspondence.
If you are already on the verge of emotional burnout, then virtual bookkeeper wanted.
We hope that we helped you understand the topic of outsourced accounting and proved that this is a good solution for a small business. Then the choice is yours!