What are Virtual Bookkeeping Services?

  • Accounting

Virtual bookkeeping services provide professional accounting support through remote bookkeepers who work exclusively online. These specialists manage your books from their own offices, communicating through email, video calls, and shared software platforms.

Service Components:

  • Monthly financial statement preparation
  • Accounts payable and receivable management
  • Payroll processing and tax filing assistance
  • Budget planning and financial analysis

Virtual bookkeepers typically cost 30-50% less than traditional in-office staff while providing the same expertise. Companies like inDinero, ScaleFactor, and local independent contractors offer these services. They use secure portals to access your financial information and provide regular updates on your business performance.

This model suits businesses seeking professional oversight without physical office space requirements. Virtual bookkeepers often specialize in specific industries, bringing targeted knowledge to your financial management. They handle routine tasks while you focus on growing your business.

The main advantage lies in flexibility and cost savings, making professional bookkeeping accessible to smaller companies that couldn’t afford full-time employees.

R&D Offer Quiz

Step 1 of 3

Answer to find out if you're eligible for R&D tax credits.

Do the activities performed relate to a new or improved business component’s function, performance, reliability, quality, or composition?(Required)
For Example: A mid-sized packaging company develops a slightly modified cardboard box design to improve its stacking strength (reliability) for warehouse storage, involving minor adjustments to the corrugation pattern to reduce collapse under standard weight loads.
Is your company trying to discover information to eliminate uncertainty concerning the capability or method for developing or improving a business component?(Required)
For Example: A furniture manufacturer investigates whether a cheaper wood adhesive can hold joints as effectively as the current one during assembly, testing bond strength to resolve doubts about its capability in standard production lines.
Do the activities performed constitute a process of experimentation?(Required)
For Example: An auto parts supplier runs a series of bench tests on different lubricant formulations to find one that reduces friction in engine bearings more effectively, systematically comparing wear rates over simulated operating cycles.