Bookkeeping Virtual Assistant

Bookkeeping Virtual Assistant

Are you a business owner with no in-house person to take care of your accounting and bookkeeping needs? Don’t worry, because you have STWS VA by your side. With the rising competition every day and the need to maintain your pace with it, you might lose your hold on the accounting and operating costs that might interrupt the smooth flow of your business. Running a business successfully requires having a strong grip on all transactions. As your business grows, you may want to hire someone with experience and knowledge to avoid making any accounting and bookkeeping mistakes. Outsourcing such chores to someone who knows how to do it is a great way to maintain transparency and gets accurate information regarding sales, purchases, payroll, etc. Bookkeeping is a task that might seem mundane and time taking but is also equally important. Hiring an accounting virtual assistant is all you need to manage all your finances seamlessly.

A Bookkeeper or bookkeeping virtual assistant is the responsible person who manages preparing, tracking, and organizing all the financial transactions. A suitable candidate for this role has previous experience in the domain. The person should not just know but also enjoy working with numbers. They know how to help you with bill payments, invoice generation, financial statements, payroll management, business purchases, preparing taxes, calendar management, payments scheduling, end-of-year accounting, and general reports, and also keep track of other payments that might be due.

Activities a bookkeeping virtual assistant can help with:

Recording transactions

A bookkeeping virtual assistant can help with registering everyday transactions such as sales, purchases, receipts, and payments.

Reconciling statements

A bookkeeping remote employee can assist with reconciling bank and credit card statements, ensuring that all transactions are precise and accounted for.

Preparing financial reports

A bookkeeper can prepare your financial reports such as profit and loss statements, balance sheets, and cash flow statements.

Managing accounts

A virtual assistant for bookkeeping can assist you with managing payable and receivable accounts by tracking and paying bills, generating invoices, and monitoring all payments.

Budgeting & forecasting

A virtual bookkeeping assistant can do your budgeting and forecasting by serving appropriate financial analysis and projections driven by historical data.

Payroll processing

A bookkeeping virtual assistant will help you with payroll, calculating wages, and ensuring that all taxes and deductions are accurately noted.

Inventory management

A bookkeeper can help in inventory management by tracking inventory levels, ordering new stock, and reconciling inventory accounts.

Tax preparation

A bookkeeping virtual assistant can provide tax preparation by organizing your financial records, and tax reports, and ensuring compliance with the existing tax laws.

Frequently Asked Questions

A virtual bookkeeper handles all your business transactions. Plus, a virtual accounting assistant will help you maintain accurate financial records and ensures that all the needed payments are processed. Other basic bookkeeping duties of a virtual bookkeeper are invoice processing, tax forms filing, and performing bank deposits.

Many businesses are enjoying the benefits of hiring a virtual bookkeeper. These virtual assistants can help you perform your day-to-day accounting tasks with so much ease. Moreover, these assistants are very much useful as the company expands its operations and the low-level functions grow simultaneously. Therefore, a virtual bookkeeping assistant is an economical and smart staffing solution to resolve the need for hiring labor but at a pocket-friendly price.

Yes, when you hire a virtual bookkeeping assistant with STWS VA, during their shift they will work as a dedicated employee of your organization and will work in your preferred time zone.

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