I’m going to split this into the different types of accountancy/bookkeeping staff you could hire by outsourcing to the Philippines. Virtual Accountants and Virtual CPAs are just like any ordinary accountant, assistant, or bookkeeper (depending on the role you’re hiring them for). Accountancy firms are familiar with a balance sheet, and even more so, they’re aware of the impact of costs on a business’s net income.

STRONG ORGANIZATIONAL SKILLS

These remote assistants can perform all the crucial tasks, from tax account management to financial planning reports, trail balance preparation, budgeting, and other tasks. From startups to SMEs to large conglomerate firms, anyone can hire an accounting virtual assistant to streamline their business expenses and improve the company’s financial health. A proficient accounting assistant should have a strong background in accounting principles, knowledge of relevant software (e.g., QuickBooks, Xero), and excellent attention to detail.

• Misalignment in expectations can affect the accuracy and relevance of financial reports.
• This is because not all bookkeepers can or can do more complex accountancy tasks.
• A virtual assistant is general term for an offshore professional who provides administrative, technical, or creative assistance to clients remotely.
• With detailed reports and actionable insights, you’ll gain a clearer understanding of business performance.
• Accounting virtual assistants may need to raise clarifications with their teammates or even staff from other departments.
• Plus, you can scale up or down as your needs change, without any long-term commitments.

RELEVANT EXPERIENCE OR EDUCATION

Clearly outlining the role, responsibilities, and business-specific requirements during the hiring process is essential. If your in-house accounting team is overwhelmed, outsourcing specific tasks can alleviate their workload, preventing burnout. Virtual Bookkeeping assistants offer additional expertise and resources, complementing your in-house capabilities. Managing payroll can be complex, especially for businesses with multiple employees.

Redefine How You Scale with an Accounting and Bookkeeping Virtual Staff

• Boost your accounting or bookkeeping practice with virtual assistants who handle data entry, invoicing, and reporting.
• Your firm’s security ultimately comes down to the systems you put in place.
• Save up to 80 percent on staffing costs with a done-for-you service that lets you focus on business growth while your receivables and billing are handled efficiently.
• Moreover, they have an arsenal of bookkeeping and accounting software to streamline their tasks, such as QuickBooks, Xero, and Wave.
• If you’re not sure how to set up the workflow, we’ll help you get started and make sure it fits your style.
• InboxDone’s specialists are adept at orchestrating your appointments, confirmations, and rescheduling, ensuring fluidity in your daily operations.

Our remote experts compile and analyze key financial metrics, preparing comprehensive reports such as profit and loss statements, balance sheets, cash flow analyses, and budget forecasts. These detailed reports highlight performance trends, identify growth opportunities, and ensure compliance with accounting standards and regulatory requirements. Financial Reporting Specialists use tools like QuickBooks, Xero, Excel, Google Sheets, and specialized financial software to gather data accurately and present it in a professional format.

• Provide detailed documentation on your company’s financial procedures, reporting requirements, and compliance standards.
• Use shared project management software like Asana, Trello, or ClickUp to maintain a clear view of their workload and task status without constant check-ins.
• Business owners can hire an accounting virtual assistant to save time and money.
• The required meticulousness of the job would also test your attention to detail, as a single mistake in your financial books could compromise the accuracy of your plotted profit objectives.
• These remote assistants can perform all the crucial tasks, from tax account management to financial planning reports, trail balance preparation, budgeting, and other tasks.
• The going rates are $640 to $1,920 per month, depending on the person’s experience.
• Others choose to have their Virtual Assistants work while they sleep to provide 24-hour coverage.

Look for credentials related to bookkeeping or certifications for specific accounting platforms. For example, someone who is a certified QuickBooks ProAdvisor or has completed Xero advisor training has already invested time in mastering the tools you likely use every day. This formal training ensures they have a solid foundation and won’t need hand-holding on the basics of accounting. From payroll runs to tax filings, our bookkeeping services ensure timely payouts, W2s and W3s, and compliance reporting.

An Accounting Virtual Assistant offers an efficient, cost-effective solution virtual accounting for managing your financial operations remotely. By handling essential tasks like bookkeeping, invoicing, expense tracking, and financial reporting, they allow business owners to focus on growth and strategic decisions. Whether you’re a startup, entrepreneur, or small business, partnering with an virtual accounting assistant provides the financial clarity and scalability you need to thrive in a competitive market.

Accounting and Bookkeeping

Outsource your non-core financial tasks to EVA and reduce employer liability, operational overheads, and resource strain. Our bookkeeping services start at only $8/hour, lowering costs by 35–50% compared to internal staff. Since our pricing is open and upfront, you’ll only pay for the work you require, with complete transparency and no hidden costs. Are manual reconciliations, compliance worries, and time-consuming accounting tasks holding your team back? A virtual accounting assistant is a professional you hire as an independent contractor. Since they’re not included in your pool of in-house employees, you’re not legally obligated to provide them with government-imposed benefits and pay their employment tax.

Accounting Virtual assistants extends to efficient payroll management. Remote payroll specialists handle various payroll tasks, from calculating wages and withholding petty cash taxes to issuing paychecks. Their expertise ensures timely and accurate payroll processing, freeing businesses from the complexities of payroll management and reducing the risk of errors.

Experienced Accountant

When assigning new projects, specify the desired outcome, the deadline, and any tools or resources they’ll need. Using a project management tool helps keep all task-related communication and files in one organized place, so nothing slips through the cracks. An effective accounting VA should be able to integrate into your firm’s workflow with minimal friction, and that starts with technology. They need to be proficient in more than just accounting software; they should also be comfortable with the project management and communication tools your team uses daily. Before you even start interviewing, make a list of your essential software, whether it’s QuickBooks Online, Xero, Bill.com, Slack, or Asana. A candidate who already knows how to use your core accounting software and other QuickBooks Accountant modern tools will be able to start adding value much faster, saving you significant training time.

Accounting & Bookkeeping VAs For Your Business

These metrics provide a solid foundation for constructive feedback and help you spot opportunities for improvement. When expectations are clear, your VA can work with confidence and focus on delivering high-quality results for your firm. Handing over access to sensitive financial data can feel daunting, but it doesn’t have to be a security risk. The idea that virtual assistants are inherently less secure is a common myth. Professional VAs, especially those sourced through a reputable partner, are trained to handle confidential information with the utmost care.