What tasks virtual accountants can do for your business?



Small business owners spend more than 41 hours a year on tax preparation, and most spend more than that. As an entrepreneur or owner of a small business, you are likely to be able to relate to this stat. Your tax preparation and bookkeeping may be taking up a lot of your time, which isn't good.

We all hate bookkeeping, but it doesn't mean we have to do it all the time. Small business owners say that bookkeeping and tax preparation are part of owning a business that they don't like the most, 40%. The money and time it takes to run a small business are two things that small business owners don't like.

What is a Virtual Assistant (VA)?

A Virtual Assistant (VA) is a person who works from home and helps any entrepreneur. A Business, or a start-up with administrative, accounting, marketing, technical, creative, and personal support.
For a while now, freelancers and Personal Assistants (PAs) have been in high demand because businesses and small businesses have seen how flexible and cost-effective they are. If you work for yourself, you may not be able to work from home, but you can still provide the same value to the company that hires you. Many people now have easy access to the internet and email.
So, if you need more help with your business's secretarial or bookkeeping but don't have the money or space to hire another full-time employee. A Virtual Assistant would be the right choice for you.

Also Read: Virtual Bookkeeping

There are 7 things you can outsource to a virtual assistant to help you do. 

When you start or grow your business, it can be hard to figure out which tasks you should give your Virtual Assistant.

Here are 7 things you can give to a virtual assistant:

1. Personal Assignments

When you hire a virtual assistant, she or he can help you stay on track by managing your calendar, scheduling meetings, taking care of your e-mail, and more. There are many other things that a virtual assistant can do for you. They can make reservations at your favorite restaurant and even send thank you notes to your partners or family.

2. Administrative Functions

Virtual assistants(VA) can help you keep track of your deadlines, use your e-mail, and set up appointments with your clients, among other things. As a bonus, they can plan and coordinate upcoming events or meetings, send invitations, manage customer relations and incoming inquiries, prepare confirmation emails and send invoices, update and enter information in your database, edit and proofread the text, and do other things as well. They may also keep an eye on your stock and order the supplies that you need.

3: Keeping Track of Your Accounts and Bills

It can be easy for a Virtual Assistant to help you keep track of your accounts and bills. VA can write financial statements and management reports, answer questions from credit institutions and local tax authorities, and help businesses get loans and pay their bills, among other things. As a bonus, they might help you with salary calculations, send payslips to your employees, make a report at the end of the year, manage bank accounts, enter credit card transactions, prepare and send out invoices, and so on. And, of course, make sure your books are in order and that you give out end-of-month reports.

4. Marketing and Social Networking

It is possible to hire a virtual assistant(VA) to help you design a digital marketing campaign, research where your potential customers hang out online, provide online marketing analytics, and find social groups in your field that you can join. VAs can also help you make e-mail marketing campaigns and newsletters, get more followers on social media, write and schedule tweets and posts on social media, and more. They can also help you keep your website SEO-friendly. VAs will send invitations to the upcoming events, help market the project, promote your business in the press, and set up a customer feedback form.

5. Customer Support

Using virtual assistants can help you keep track of customers, answer phones and e-mails, help with technical issues and live chats, keep your website up to date, and keep an eye out for what people are saying on social media. Some people can help you grow your social network, get more followers on social media, and interact with your customers and followers. They can also make, manage, and schedule your ads and newsletters.

6. Website Development, Design, and Maintenance

Some Virtual Assistants who know how to write different types of programming code can build, design, or keep a professional-looking website. VAs can edit and add new information to your website, make simple text changes, add new products and services, or make an announcement about an upcoming event or promotion. They can also make simple text changes. VAs can also help you promote your website, find the right keywords, and make your website more search engine friendly.

7. Virtual assistants can help you with sales, as well.

They'll do this for you: They will look for business contacts and find people. They will make calls to your leads and research new markets and prospects. They'll make promotional material and individual proposals. They'll put order information into your database, send invoices, and prepare and send promotional material.

The bottom line:

The thought of having a virtual accountant can make people feel nervous and scared. So they don't want to use one. Money moves each time you send a bill to a customer, pay for an item, or pay a vendor or contractor. This means that these interactions have to be kept track of, so this must be done. A lot of times, you probably don't have the time to properly run these events. The skill of bookkeeping can help you keep better track of your business finances with the help of a virtual accountant. Virtual accountants can help you with invoices, payroll, and making enough money to pay your bills.

Professional Accounting Solutions, Inc offers timely and cost-effective accounting services including bookkeeping, catch-up bookkeeping, accounting, payroll, tax, and QuickBooks consulting from their Miami and Fort Lauderdale offices.

Sign up for a free 1-month bookkeeping trial to try their exceptional services.

Contact us today to learn more about catch-up bookkeeping, online bookkeeping services, and other financial services, or sign up for a free trial.

Watch this video to learn more about our exceptional services.

Comments

Post a Comment

Popular posts from this blog

5 Best Bookkeeping Software for Small Businesses

Image
Keep scrolling below to check out the best bookkeeping software options for small businesses. Gone are the days when bookkeepers maintained the bookkeeping records with pen and paper. The process was highly error-prone, unreliable, and frustrating at the same time. Since keeping track of the cash flow and managing books combined with other tasks was a complicated process, it became essential to adopt a means to automate the bookkeeping task and reduce the chances of human errors. While some businesses might consider Excel spreadsheets their savior, do not forget how redundant and time-consuming they are. Thankfully, there are many bookkeeping software available in the market that streamlines the data entry process and reduces the manual bookkeeping procedure, thus eliminating the human-made errors and improving the financial condition of your business. Switching from manual bookkeeping to software-based bookkeeping looks easy, but there is a catch! There are many software available in ...
Read more

6 Signs You Need to Hire a Bookkeeper for your business

Image
A growing business indicates you cannot handle the bookkeeping needs of your business anymore. Here are the five signs you need to hire a bookkeeper for your business. While handling all the bookkeeping tasks and accounting needs yourself might seem like a great idea, you will be shocked to know that it's harming your business. Even though you have mastered accounting software and know your way through the numbers, as your business begins to expand and the financial needs of your company grow, hiring a bookkeeper becomes necessary. To help you recognize when your company needs a bookkeeper on an urgent basis, we have put down a common sign that indicates you so. So keep reading the article and see if your company is struggling with the following issues or not. Your books are never up to date Do your business books no longer reflect the current state of your business’s finances? Are you unable to understand the cash flow in your business anymore? This means you are no longer aware o...
Read more

What Is Catch-Up Bookkeeping?

Image
Is your organization struggling to retain accurate records? Are you reverting to bookkeeping? Here's your chance to get back into the business and keep your wits about you by doing some catch-up bookkeeping . We'll explain what catch up accounting is, why it's important, and how we can help you with it in this article. Catch-Up Bookkeeping The process of bringing your financial records up to date is known as "catch-up" or "clean-up" bookkeeping. To put it another way, catch-up bookkeeping allows you to spend less time thinking about the past and more time looking forward. Let's take a look at what a catch-up bookkeeping service can do for you. What Is the Difference Between Catch-Up Bookkeeping and Ongoing Bookkeeping? The goal of ongoing bookkeeping solutions is to keep up with the usual flow of business. When you fall behind on your regular bookkeeping, you might use catch-up bookkeeping as a last resort. Catch-up bookkeeping entails looking back o...
Read more