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Guide to Virtual Bookkeeping and Automation

Nanonets

Businesses are now embracing the virtual to streamline their financial management processes. Enter virtual bookkeeping – a paradigm-shifting approach that harnesses the power of digital tools and automation to revolutionize traditional bookkeeping practices. What is Traditional Bookkeeping?

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3 Signs Your Books Aren't Ready for Tax Season

Stephanie Peterson

You Have Transactions Not Categorized If your books contain uncategorized transactions, your financial reports will not be accurate. Your Accounts Aren't Reconciled It is crucial to make sure accounts are reconciled before filing your taxes. Are you looking for someone to get your books ready for tax season?

Tax 52
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How to Avoid the Pitfalls of Messy Bookkeeping

Stephanie Peterson

Is your bookkeeping disorganized? Typically this occurs due to having insufficient time, an amateur bookkeeper, or failed efforts. By maintaining your books regularly, reviewing reports, and reconciling your accounts at the end of each month, you can avoid bookkeeping disasters.

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How Much Does a Bookkeeper Cost

Less Accounting

Bookkeepers are generally in charge of the day-to-day tasks to maintain proper financial records. A professional bookkeeper is always more detail-oriented than a business owner. How to Know When You Need a Bookkeeper Determining if you need a virtual bookkeeper to assist you with your bookkeeping needs may be different for everyone.

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How to work virtually with bookkeeping clients

5 Minute Bookkeeping

Some of the challenges to address include: How do you work with clients virtually, without them wanting you to be at their office? How do you communicate, share documents, and collaborate on the books? The solution for working with clients virtually. You’ll need to reconcile the bank and credit card statements.

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My scariest QuickBooks cleanup horror stories

5 Minute Bookkeeping

When I started diagnosing the books, I realized that the bookkeeper didn’t just keep one QuickBooks file. She actually had about six QuickBooks files in which she shuffled transactions around so that the business owners never really had any clarity into what was going on with the books. That’s right, $8 million.

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Tips for taking on a massive QuickBooks Online cleanup

5 Minute Bookkeeping

Really, a cleanup is taking a set of messy and incomplete books and going through a process of reviewing, catching up, fixing what’s wrong, and reconciling. You may be hired as a virtual bookkeeper to clean up specific areas of QuickBooks, like bank reconciliations, undeposited funds, inventory, etc.