virtual accountant

Small Business Trends is an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. Our mission is to bring you «Small business success … delivered daily.» Paro is a finance app that uses AI to help you find the best experts and services for your needs. You get a list of experts who match your requirements and work directly with them. Being shown how to use a service like QuickBooks online through your virtual bookkeeper. Likewise, if your virtual accountant is communicative, friendly, and professional, they are more likely to deliver a positive experience. Always be cautious when sending personal information over the internet.

profit and loss

That person is your point of contact who will come to know you and your business. Started by successful startup entrepreneurs, Pilot understands the challenges other startup entrepreneurs face in keeping the books and preparing their businesses for growth. Most versatile outsourced bookkeeping solution

With virtual bookkeeping services that are 99% accurate, you can eliminate risks of unnecessary revisions or misinformation. In today’s contemporary world, business operations have become comparatively simpler provided one knows how to formulate them in that way.

For that, Paro makes our list as the best accounting firm for hiring freelancers. In addition to its real-time dashboard, which offers self-support features, clients can tap into inDinero’s support team via phone, email, or live chat. Xero provides multiple layers of protection for the personal and financial information you entrust to Xero accounting software. Security is a priority for Xero, but it’s also important you take steps to safeguard your data.

Tax season, minus the stress

81% of our customers agree they can seamlessly collaborate with their QuickBooks Live Bookkeepers on their books. Annie Pilon is a Senior Staff Writer for Small Business Trends, covering entrepreneur profiles, interviews, feature stories, community news and in-depth, expert-based guides. When she’s not writing she can be found exploring all that her home state of Michigan has to offer. Block Advisors is an ideal choice for those needing extra help with taxes or those focusing on just one area. What this means for you, is that the service you sign up for today can be scaled in the future to keep pace with your business development.


In addition to weekly bookkeeping, it also provides tax services for small and mid-sized businesses– and they even offer to help you with your personal taxes as well. Mr. Pimentel took the time to learn our unique billing process so we could satisfy our clients’ requirements when sending our invoices. Being able to review our financial statements with our accountant helps us understand our financial position. He explains the reports in a way that non-accountant managers can relate to. By working on your monthly financials, we’ll be able to provide you with all the business information necessary to do your taxes without any stress. Our proactive approach will give you the peace of mind, and will save you time, money, and headaches. We specialise in supporting small businesses by providing them with full accountancy services virtually, via the cloud, saving them both time and money.

Spend More Time on Your Main Business

Staffed by CPAs and skilled virtual accountant professionals, we handle up to 80 percent of your bookkeeping work—translating to 230+ hours each year—with our comprehensive online bookkeeping services. Our accounting services are ideal for professional services companies with between $500,000 and $20 million in revenue.

What type of accounting is best for small business?

Cash basis is the most common accounting method used by small businesses. Most small businesses—with a few exceptions, which we'll discuss later—file their tax returns and maintain their books using the cash basis accounting method. In cash basis accounting: Income is recorded when it's received.

All price plans include unlimited accounts and are billed annually upfront with no early termination fee. The Core plan starts at $599 per month with companies with monthly expenses between zero and $30,000. The Select plan starts at $849 per month and includes expedited books delivery and monthly phone reviews. Pilot offers custom pricing that includes support for multiple entities, accounts receivable, and payable reporting along with a fully customizable chart of accounts. If you need virtual bookkeepers to connect with your financial database and remotely manage bookkeeping tasks, we have you covered at reasonable rates. We provide highly reliable outsourced virtual accounting services.