November 16, 2023 2:48 PM EST
Virtual bookkeeping refers to the process of managing financial records and transactions online or remotely. Instead of having an on-site bookkeeper, businesses can utilize virtual bookkeeping services where financial data is accessed, processed, and maintained through digital platforms and software. This includes tasks such as recording transactions, reconciling accounts, managing payroll, and generating financial reports. Virtual bookkeepers often work remotely, providing businesses with the flexibility and convenience of outsourcing their bookkeeping needs without the necessity of a physical presence in the office.
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