Offers add-ons for catch-up bookkeeping and specialized bookkeeping. 95+ years of combined experience covering small business and personal finance. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. With Live Expert Assisted, you’ll still be managing your own books. Connect one-on-one with experts so you can manage your books with ease.

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“Virtual bookkeeping” refers to online bookkeeping services that perform these tasks remotely. Although the term usually refers to external companies or freelancers hired for your bookkeeping needs, virtual bookkeeper jobs can also include internal bookkeepers who work remotely. Live Expert Full-Service Bookkeeping doesn’t include sending invoices, paying bills, or management of inventory, accounts receivable, or accounts payable.

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The magic happens when our intuitive software and real, human support come together. Book a demo today to see what running your business is like with Bench. 250+ small-business products reviewed and rated by our team of experts. Stay updated on the latest products and services anytime anywhere. You might benefit from Bookkeeper360′s hourly bookkeeping service. Typically, you’d only get detailed financial statements like this through a CFO — which means Merritt gives you some of the best aspects of having a CFO without the high cost.

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If you use accrual-basis accounting, you’ll need the Growth plan, which starts at $990 a month. And the Executive plan, which is built for larger companies that need CFO services, has custom pricing. You’ll need to get in touch with an inDinero rep for a price estimate. This is especially true because small businesses may not have a full-time CFO or an in-house accounting department, but they still need to generate financial reports. They may hire a part-time bookkeeper to manage the day-to-day books, and they often use an external accounting firm for tax preparation.

1. Both are easy to navigate for bookkeepers and accountants alike but require some learning for the typical small business owner.
2. In fact, more than 120,000 small and midsize businesses use BILL, processing over USD 140 billion in payments annually.
3. Connect one-on-one with experts so you can manage your books with ease.
4. At Bench, we give you a team of professional bookkeepers who do your bookkeeping for you.
5. In this age of cloud accounting and virtual bookkeeping services, they should be able to have reports sent to you on a schedule.

You may all be working from home or may have a central office with colleagues working from different locations some or all of the time. While both you and the client how to enhance the audit to prevent and detect fraud may choose to keep hard copies, you need a way to share them online. Using a secure file-sharing portal like Liscio makes it easy to gather the documents you need. And a workflow app like Pixie, developed specifically for small accounting firms, can tie everything together and keep you organized.

A Live bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting. Once your bookkeeper receives all the necessary documentation, they’ll typically complete your cleanup within 30 days. In some cases, your cleanup may take longer depending on timeliness of documentation and the complexity of your books. If you don’t have an accountant, you can opt to add tax filing to your subscription, and let Bench take care of taxes for you. Our intuitive platform is designed for business owners, not accountants.

To succeed in a virtual bookkeeping or accounting practice, you need to embrace the online model. This includes investing in a few basic tech tools that allow you to interact with your clients, colleagues, and employees online, and deliver bookkeeping and accounting services virtually. A lot of virtual bookkeepers use accounting software like Xero or QuickBooks Online.