WHY HIRE A BOOKKEEPER?
What is a Virtual Bookkeeper?
A virtual bookkeeper is someone who works remotely, utilizing current technologies and the internet to complete tasks such as expense coding, reconciliation, accounts payable, accounts receivable, payroll processing, and financial reporting. Virtual bookkeeping is not location dependent, and services may be offered to clients across the United States.
Benefits of Hiring a Bookkeeper
Regular bookkeeping offers you a number of benefits including books that are accurate and organized.
With bookkeeping, you are able to keep better track of all of your revenues and expenses and ensure that all of your customers are being billed correctly and that all of your vendors are being paid on time.
Bookkeeping services gives you your time back.
No matter if your business is just starting out or has been in business for over 30 years, bookkeeping is time consuming. With your books in our hands, your time is freed up to deliver high quality service to your own customers, while also improving your productivity. You won’t ever get bogged down with bookkeeping errors or trying to understand technical accounting entries. We are experienced and well equipped in supporting you with your accounting needs.
Bookkeeping services save you money.
With updated financials, you are able to take full advantage of all tax deductions available to you.
Frequently Asked Questions
I already have a CPA or tax preparer. Do I need a bookkeeper?
Your CPA or tax preparer advises you on tax matters and helps you file your income tax returns. Your bookkeeper enters and classifies your transactions and provides up to date financial reports. We accurately show you the state of your business, which is helpful to you for making business decisions, and helpful to your CPA/tax preparer at tax time.
In some cases, your CPA will act as your bookkeeper; while charging you double, or sometimes triple, of what we charge. Organized books make the life of your CPA/tax preparer much easier, allowing them to focus on the tax aspects of your business and save you money as a result.
Why not hire an on-site bookkeeper instead?
Outsourcing your bookkeeping needs has become a cost-effective move. On-site bookkeepers require office space and furniture, a computer, employee taxes/benefits and administrative support. While on-site bookkeepers cost around $40,000 or more a year, a virtual bookkeeper will cost you between $9,000 and $20,000 a year, depending on the services contracted.
How much are your services?
Regular monthly bookkeeping prices are based upon the size of your business, the number of bank and credit card accounts, the average number of transactions you do each month and other factors such as additional services needed (i.e., payroll, accounts receivable, accounts payable, custom reports, etc.). Pricing for catch-up work is based on the number of months of backlog.
I encourage you to schedule a free, no-obligation discovery call to discuss your specific business needs to get a customized proposal.
I have such a bookkeeping mess, can you do anything for me?
However big you think your mess is, chances are I’ve seen and cleaned up bigger ones. I have experience getting financial transactions organized and caught-up after months or even years have gone by.
How do I get my information to you?
Bank Accounts: You can grant “view only” access to your bank accounts to allow me to gather statements and transaction information without you needing to provide them to me every month. Most banks allow accountant logins with restricted access and permissions.
B. Balanced Services uses Liscio, a military-grade secure communications platform. You will receive an invite to access your own personal portal which will contain all emails and documents. Liscio also has a mobile app, and can notify you of any questions, documents, etc. by text message.