Why a Virtual Bookkeeping Assistant Is a Great Investment | Ossisto

Hiring a virtual bookkeeping assistant is a logical next step for a company that wants faster growth. To build a successful business, owners need to maintain a good cash flow and protect their assets. The groundwork for both is having up-to-date books.
Although bookkeeping is a simple, basic process, doing it haphazardly (or worse, forgetting about it) can lead to losses. And there is a lot to lose, or that can slip through the cracks, in a business poised for expansion

The perfect solution is getting a managed bookkeeping service that can handle the more tedious aspects of maintaining your books. Wondering if getting a virtual bookkeeping assistant is for you? Keep reading! We’ll break down what they do, who should hire them, what tasks you can offload to them, and what tools you can use to manage them.

What is a Virtual Bookkeeping Assistant?

A bookkeeping virtual assistant handles the administrative tasks related to maintaining a business’ financial records. They keep track of transactions coming out and going into your business while looking out for inconsistencies and irregularities.
A bookkeeping virtual assistant handles the administrative tasks related to maintaining a business’ financial records. They keep track of transactions coming out and going into your business while looking out for inconsistencies and irregularities.
Another option would be for the business owner to use accounting software and handle their own bookkeeping. Though software does make bookkeeping easier, all tools have a significant learning curve. Also, you need to pay for most accounting software, and subscription fees don’t usually come cheap.

Small business owners, especially ones just starting out, handle most of their company’s finances. From bills and invoices to balance sheets and bank statements, these things typically fall on the owner to complete. Sometimes, if they have other equally demanding tasks, entrepreneurs overlook these things entirely.
Hiring an accountant to handle these things is the quickest solution, but getting a full-time, in-house employee can be expensive. So, many small business owners hire virtual assistants who specialize in accounting and bookkeeping.

Virtual bookkeepers are just like in-house ones. The only real difference is that they work remotely, and they often use their own equipment. Bookkeeping virtual assistants can take on a variety of tasks–here are the most common ones.

Why Work with a Virtual Bookkeeping Assistant

If you’re still on the fence about getting a virtual bookkeeping assistant, we understand. Making any sort of change in your business can be intimidating, and you might have a lot of questions about offloading to a remote worker.

Ossisto help founders and executives move their business forward by providing highly skilled remote staff they can trust to represent their business and carry out responsible tasks—all on a simple monthly subscription. Finding reliable, trustworthy, and competent help has always been one of the foremost challenges of running a successful business or project—and it’s even more relevant when using remote resources. Ossisto team of experienced, reliable, and vetted virtual assistants, marketers, project managers and more can provide your business with support you need. Ossisto do a variety of activities, including bookkeeping, digital marketing, report writing, social media management, trip planning, and booking.

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Pub: 01 Dec 2022 12:15 UTC
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