accounting virtual assistant

You don’t need an entire room, but this space should be quiet, organized, and free from distractions. Invest in a comfortable desk and chair and any necessary technology, such as a computer, printer, and high-speed internet. Will you focus on networking events, social media marketing, online job boards, or a combination of all three? Also, consider your pricing structure and how you will handle invoicing and payments. Are you seeking a career offering flexibility, independence, and the chance to showcase your organizational skills? If so, you’ve likely discovered a few job postings advertising virtual assistant (VA) roles.

Why You Should Hire a Bookkeeper With an Accounting Degree

As mentioned before, they should know how to use the latest accounting software and also understand complex financial data. While it’s up to you whether you want to hire someone with more qualifications or not, ensure you hire a skilled virtual assistant. Different virtual bookkeeping assistants specialize in various areas of bookkeeping. A bookkeeping virtual assistant will warn you about tax overloads and other transactions that you need to make. Your second option is to use accounting software.Even though software makes the bookkeeping process quicker, getting used to the tool will take time and training. Outsource School helps you to unlock the potential of virtual assistants and accelerate your business growth.

The Ultimate Checklist for Hiring a Virtual Assistant: Your Guide to Building a Productive Partnership

Virtual assistants usually have packages for working as few as 10 hours per week. Some VA service providers offer a task-based solution that charges for tasks, not hours. Their virtual assistants know that when it comes to bookkeeping, accuracy, and attention to detail are of the utmost importance. Whether you need help with bookkeeping on a weekly, monthly, or quarterly basis, they’re happy to accommodate. This allows you to focus on what you do best – growing your business. MyOutDesk only hires the most qualified and experienced professionals, who have been thoroughly screened and tested for their skills and qualifications.


Now, more than ever, you have a variety of virtual assistant services at your disposal. For your VA needs, accounting included, check out Outsource Access and its list of offered services. Tax compliance is a priority for any business across the board, and failure to do so can get you in trouble with the law. A virtual accounting assistant at the helm of your tax duties gives you peace of mind. A virtual accounting assistant can analyze past expenditures to discern how much budget you need for the next business cycle. A virtual assistant with an accounting background can pull off this task, recording all transactions your business makes with clients and vendors in order.

There are a lot of virtual assistant sites out there but not all of them have the expertise you need to keep your finances in order. When you’ve done an excellent job for your current clients, they will likely refer you to others looking for virtual assistant services. Feel free to ask for referrals or request that your clients share their positive experiences on social media or review sites. Make it easy for them by providing links directly to where you’d like a review. Connect with other virtual assistants and potential clients through online communities, forums, or social media groups. These connections can help you tap into the hidden job market and find opportunities that aren’t listed publicly.

accounting virtual assistant

Separate your personal social media accounts from your professional accounts to build a professional and robust presence. Along with a range of services, virtual assistant salaries can vary widely as well. reports that general administrative assistant roles, for example, have a median annual salary of $45,830.

accounting virtual assistant

They use various accounting software, like Quickbooks Online and Xero, and tools to ensure that your business finances are in order and your books are accurate. They are experienced in managing financial transactions, reconciling accounts, preparing financial statements, and performing other accounting tasks. If you choose a managed virtual assistant service, you won’t need to be involved in these steps. Adhering to best practices and studying successful case studies can help businesses effectively deploy and profit from virtual assistants. Some virtual assistants even can scan and upload receipts, making the expense-tracking process even more seamless. Accounting is time-consuming because accountants must manually enter vast volumes of data into spreadsheets or accounting software.

  1. 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.
  2. What really sets Time etc apart from other virtual assistant bookkeeping service-providing companies is its commitment to providing its clients with the best possible service.
  3. As long as it’s within the realm of accounting and bookkeeping, an experienced accounting VA should be able to handle it for you.
  4. Working with an online bookkeeper is an excellent way to improve cash flow.
  5. The platform has a wide variety of freelancers with different skills and experience allowing you to hire a VA as per your budget.

You’ll want to have a professional website, active social media accounts, and get listed in business directories, like LinkedIn. Most VAs hold a relevant college degree and a proven track record in their line of work. With a virtual accounting assistant onboard, your company will receive expert-quality work at all times. A virtual accounting assistant can provide you with practical insights on how to manage your budget more effectively. Closing entries at the end of the fiscal year is a demanding financial task you can’t skip.

If you want to get the right virtual accounting service for your business, ensure that the remote talent you hire can check off the list above. Even if you manage a small team, monthly payroll will still take too much time if you don’t delegate the task. An accounting VA can ensure that your employees receive their salaries on time and with utmost accuracy. Get a personalized launch plan, business strategy, hiring guides, checklists, and training methods to set you up for success with your new virtual assistant. Are you an entrepreneur looking to improve your finances and boost your bottom line?

In 2019, I exited one of my companies, FreeUp, and all of our bookkeeping and accounting was handled by our team of accounting virtual assistants. Most clients always prefer virtual assistants with relevant experience or training. Those with prior experience as a virtual bookkeeping assistant or other related roles will have the edge over those who do not. Because they will find it easier to adjust to the role and understand processes faster due to their familiarity with the subject. Looking for a virtual bookkeeping or accounting assistant requires you to be more meticulous than ever.

You can reduce the work hours of an accounting VA if there’s not much work to do. Alternately, you can double their required hours of service during high-demand seasons, such as year-ends. Data entry is one menial but necessary task that you want off your plate. Thankfully, it’s also one of the basic duties a VA in your business could take on. Her work has been featured on US News and World Report, and Fit Small Business.

Costs do vary based on the experience, location and services of the VA. Uassist.ME strives to partner with its business clients, touting that it is a two-hour flight to major U.S. cities. This means that accounting practice academy you can schedule meetings or in-person services if needed, making the service more dynamic. You don’t have to worry about the inconveniences of software nor the expenses of hiring a full-time accountant.

That’s the reason why Time etc offers a selection of accounting VAs who can help with everything from bookkeeping to tax preparation. Finance Pal is an accounting firm helping small businesses by providing almost every virtual bookkeeping service. Common tasks handled include bookkeeping, accounts payable and receivable management, financial statement preparation, tax filing, payroll processing, and financial analysis. Then, reach out directly to the professionals or teams you feel would benefit most from your services.

It is also critical to find a VA who specializes in the tasks that you need done. You want someone who is versed in what you need so the job gets done quickly and correctly. Another aspect of communication to consider is how the VA will communicate with you.

And when you’re looking to hire someone who will handle highly confidential data, you will need to be more discerning than usual. Accounting virtual assistants may need to raise clarifications with their teammates or even staff from other departments. They’ll need good communication skills to ensure nothing gets lost in translation. Additionally, virtual bookkeeping or accounting VAs are in charge of creating financial reports.