If you’re like most business owners, bookkeeping probably isn’t your favorite thing to do. Even if it is, chances are you don’t have the time for it at all. And yet, bookkeeping remains one of the most critical managerial tasks in any business, as it ties directly into your business’ finances.
So, it needs to be done, but like we just said, there’s probably too much on your plate already, so what can you do?
The good news is that just because something needs to be done doesn’t mean you need to do it yourself! Have you considered getting a virtual bookkeeping assistant?
Today, we will be taking a look at what exactly we mean by virtual bookkeeping, how a VA can help you do it, as well as the 5 benefits of having a VA handle all your bookkeeping for you.
First, let’s get the basics out of the way.
What Is Virtual Bookkeeping?
Broadly speaking, bookkeeping is the process of recording all the financial transactions made by a business. This can include anything from sales and purchases to expenses and income. All this information needs to be properly recorded so that it can be used to prepare financial statements and tax returns, as well as to make informed business decisions.
A virtual bookkeeping assistant is a bookkeeper who works remotely. Nothing special here; it’s just like your regular virtual assistant in this instance. This means that they can work with businesses from all over the world, regardless of location.
And since they’re not tied down to one physical office space, virtual bookkeepers are often more affordable than their in-house counterparts. See, you already have a bonus and they haven’t even started working yet!
Now, with that out of the way, let’s take a deep dive into some benefits of having a bookkeeping VA.
#01 – Save time by having someone else keep track of your finances
This is probably the most obvious one, but it’s also the most important. By outsourcing your bookkeeping to a virtual assistant, you free up lots of time that you can now use to focus on other tasks, whether they’re business-related or not. Remember, your time is precious and limited, so why not use it in the best way possible?
Time-saving remains one of the greatest benefits of outsourcing tasks to a VA. All the more reason to get yourself a virtual bookkeeper.
#02 – Get more accurate reports and avoid mistakes
When you’re trying to do everything by yourself, mistakes are bound to happen. But when you have a virtual assistant taking care of your bookkeeping, they can help make sure that all your financial information is accurate and up-to-date.
Why should you care about this? Only because it allows you to get a clear picture of your business’ finances, which is essential for making informed decisions.
#03 – Stay organized and on top of your finances
Another benefit of having a virtual bookkeeping assistant is that they can help you stay organized and on top of your finances. This is important because it allows you to see where your money is going, as well as to keep track of your spending.
This, in turn, can help you save money and make better financial decisions.
Not to mention that virtual assistants are great for making payments as easy as they can be. They’re trained and qualified to handle all those accounting tasks from paying bills to tracking returns and generating invoices.
Even following up after each interaction is completed seamlessly by your VA.
All in all, they have every detail covered in order to make sure nothing slips through the cracks while simultaneously making life easier. Who doesn’t love some quality of life improvements?
#04 – Easily find past statements and invoices when you need them
When you have a virtual bookkeeping assistant, they can help you keep track of all your financial documents, so that you can easily find them when you need them. This is important because it allows you to access the information you need whenever you need it.
Tracking important financial documents or just documents and information, in general, is usually time-consuming and sometimes downright annoying. So, having a bookkeeper VA can ultimately facilitate this process for you by handling it themselves. What’s not to love about that?
#05 – Get expert advice and assistance when needed
Finally, another benefit of having a virtual bookkeeping assistant is that you can get expert advice and assistance when needed. This is important because it allows you to get help from someone who knows what they’re doing so that you can make the best decisions for your business.
One thing worth mentioning is that, when you’re too close to something, it’s often hard to see it clearly. This is also true for your business’ finances. Oftentimes, business owners can get too emotionally attached to their businesses and make suboptimal decisions as a result.
Having a bookkeeper VA can help sidestep this issue entirely because, at the end of the day, they’re an outsider with a fresh set of eyes. As such, they can highlight and address any issues you’re overlooking for whatever reason. All the more reason to have a bookkeeper VA in your corner!
Now that you know, what are you going to do?
So, there you have it! These are just a few benefits of having a virtual bookkeeping assistant on your team. If you’re looking to save time and money while getting expert assistance when needed, then a bookkeeper VA is definitely someone you should consider hiring!
Now, sure, you can ignore all that and skip out on hiring a VA to handle all your business bookkeeping, but then again, you’ll end up feeling overwhelmed by all those financial reports. More so if you were never good with numbers.
Then before you know it, knock-knock, it’s the IRS and you have issues with your books! Why put yourself in that position when it’s so easily avoidable?
If, however, you’re completely sold on the idea of having a virtual bookkeeper for your business, you can go out there and try to find one! Remember though, not all VAs out there were created equal, and not all of them have the necessary expertise to best handle your books or your specific business needs for you.
Your business deserves some top-tier, world-class service, and that’s what you should always aim for. But since we already have you here, how about you take a step further and see how we can help you?
We understand that your business may have specific needs so something as general as hiring a VA without any in-depth info can be a major investment and you need to know that you can count on us. So, how about we talk a little to make sure we understand your needs and can serve you with the right fit?
And hey, our VAs come with a Free Forever guarantee, if your VA quits or leaves we just plug someone in with no trouble to you. We even compensate you for any trouble it may have caused. There’s quite literally nothing to lose.
So, reach out, and let’s talk about how we can best serve you.
Don’t be a stranger!