Bookkeeping is an absolute must for businesses of all sizes. Whether you’re a one-person show or an enterprise, you need a person or a team to keep track of finances. However, many companies may prefer a remote bookkeeper that uses remote accounting programs, but never knew they existed. Companies such as Remote Quality Bookkeeping (https://myrqb.com/) do bookkeeping, payroll, accounting and other facets of your business from a different location than your workspace or facilities. This is the most viable option for businesses with workers spread across multiple locations such as franchises, or when you’re a developing business that may not have a standard office yet, but there are benefits otherwise too.
Main Benefits Of Remote Bookkeeping
There are a number of other reasons why a business – especially a budding business, should consider remote bookkeeping. Some benefits include:
- Being able to communicate with your bookkeeper through messaging programs or phone calls instead of needing to visit their office
- Cloud access to important reporting and information, accessible securely from anywhere
- No need to pay for office space
- Accessible to large and small businesses
- Allows freelancers more time to focus on more important tasks
What Does a Bookkeeper Do?
For those new to running their own business, they may not know just how many benefits a bookkeeper can provide. They may do their own bookkeeping at first, but as their business grows, it’ll become clear that there needs to be a designated person to handle all the data entry and financial paperwork.
Essentially, a bookkeeper keeps track of day-to-day financials. This includes processing and recording any and all transactions, keeping track of company accounts and credit lines, paying invoices the company owes, handling taxes and similar financial matters.
While most small businesses either try to automate this process or have the founder of the business handle it, over time as the business grows – either by hiring more employees, getting more clients, or both – there’s more money moving around that needs to be kept track of.
Remote Vs. In-Person
Full-time, in-person bookkeepers can be deeply expensive for a budding business. They require not only their hourly wage, but also benefits if they are a full-time employee of your business. Benefits such as healthcare, dental, 401(k), and any other benefits your company offers full-time workers. As such, remote bookkeeping is often the more cost-effective option for smaller businesses that have the needs, but don’t have much in the way of funds to cover things.
In addition, remote bookkeepers are also less likely to take up precious resources from your business. Because they work remotely, they do not need office space, equipment provided by the company, and are only paid for the exact amount of time worked.
It just makes sense, remote bookkeeping is something that all businesses should at least consider when looking for a long-term bookkeeper & accountant. And also Read
