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An Internet Wonder: Social Media Virtual Assistant

As a starting business owner, it’s no secret that you may need to wear different hats at first, in order to get the business up and running. However, problems start to arise once it begins to grow, as tasks pile-up twice as quickly as the number of customers. And sometimes you just can’t help but hyper-fixate on making sure to provide quality products or services to your clients, that you forget about other important things.


Often, one of the crucial parts of the business that is being put off is accounting. And if that is happening, you know there’s a great chance that it complicates so many things in your business. So before that happens, it is best you look for people who can help –we’re referring to Virtual Assistants or Bookkeeping VA’s.


Accounting Tasks for Virtual Assistant


If budget is a problem, Bookkeeping VA’s can help you out with accounting tasks your business needs to keep running, without breaking your bank. Below are some of the accounting tasks you can let your VA manage:


Keeping Financial Records


Keeping a financial record is a tedious but important task that must be done by every business, no matter the company size. Itemization of earnings and expenses helps in keeping track of the company’s overall earnings, as well as trends such as the seasons when they earn most and the dates they earn less. These data are important in creating plans for cost efficiency, as well as tax filing.


Your Bookkeeper VA can easily put together these figures, as well as organize and label each item into easy to understand categories.


Bills Payment and Financial Statements


A Bookkeeper VA is well skilled and qualified in handling accountings tasks These tasks include paying bills, creating invoices, as well as creating financial statements. This way you no longer have to worry about tracking your dues, as well as balancing your business’ ledger.

Filing Taxes


As a small business owner who manages so many things all at once, sometimes you tend to forget dates. This is a nightmare when it comes to tax filing. A Bookkeeper VA can help you in sorting out your books, look into what can be deducted, and of course make sure that your taxes are filed on time. This will help reduce the chances of having to pay penalties due to late filing.


EOY Accounting


End-of-year accounting is probably one of the most headache-inducing accounting tasks. It includes having to reconcile bank statements, checking for duplicates and errors in book entries, and creating reports for annual financial review. By having a Bookkeeper VA, this can be done easily as they already know what to look out for.


Numbers aren’t really something a lot of people like to talk or think about. But as a business owner, you know it’s important to always keep these things checked. Luckily, there are Bookkeeper VA’s whom you can rely on about your finances, without worrying if your finances can afford them.

Ready to find your perfect Virtual Assistant as you go more digital in this new normal? Start outsourcing with iHRBuddy today!

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