AIS Solutions – Virtual bookkeeping services in Canada
First things first – What are virtual accounting solutions?
Simply put, virtual bookkeeping is a form of bookkeeping that is carried out over the internet. It allows a bookkeeper to telecommute instead of carrying out the work in a physical setting.
Instead of entering receipts and expenses manually, the accountant uses accounting software to carry out the necessary work. This facilitates the collaborative process and grants the business executives easy access to vital information.
Due to the fast-paced evolution of cloud computing over the past few years, virtual accounting solutions are quickly gaining widespread popularity. This is mainly due to the high degree of comfort and accessibility this type of accounting solution provides. We’ll dive deeper into the benefits of virtual bookkeeping below on this page.
How do virtual bookkeepers operate?
Virtual accounting companies usually employ the latest cloud-based bookkeeping software to carry out their work. When setting up a collaboration with a virtual bookkeeping firm, the service offer is designed around the specific needs of each company. Modern accounting software allows bookkeepers to easily manage the complexities of taxes, payroll, budgeting, expenditures or billing.
One of the biggest advantages of virtual accounting solutions is the ability to scale with a business. If your company grows rapidly or finds itself in need of short-term additional help, it can be quite difficult to find that transition. Nowadays companies no longer have to put in the effort to find and install a new in-person accounting team. Instead, they can simply scale up their current contractual terms of service to fit their business needs.
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Opt-in for virtual bookkeeping services in Canada
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What are the main benefits of virtual bookkeeping solutions?
Compared to the traditional ways of carrying out accounting work, modern cloud-based accounting yields a lot more benefits. From the ability to scale effectively to not being limited by geographical restrictions, the advantages of outsourced virtual bookkeeping are many. Below you can take a look at some of the most important benefits of virtual accounting.
Lowered Expenses
By outsourcing your bookkeeping to a virtual accountant, you’ll save the time, effort, and finances necessary for infrastructure acquisition, installation, and employment. Besides, you can easily scale according to the evolution of your business.
Reduced Administration
By opting in for outsourced virtual bookkeeping you eliminate the need to invest time in software installation, and other administrative tasks like back-ups. Less time spent on micro-management allows you to spend more time on the productive activities that help your business grow.
Enhanced Flexibility
Due to the wide array of features digital accounting platforms offer, you can benefit from a custom-tailored accounting solution designed around your specific needs. Increased scalability allows you to adjust the processes to your needs so that you can develop proven and effective workflows.
Extended Security
Through virtual bookkeeping, all your vital business data is safe and sound at all times. Since it’s stored online, your data is safe even if an employee loses a laptop or an office is damaged by a natural disaster. Cloud providers offer a complex level of security like access control and advanced encryption procedures to ensure that only authorized personnel can access the data.
Ensured Compliance
Virtual accounting solutions help public and private companies meet compliance standards by producing accurate financial statements, yearly tax returns or quarterly estimates. Certain accounting platforms even automate the revenue recognition to comply with the legally required accounting standards.
Process Automation
Cloud-based bookkeeping software employed by virtual accountants automates a wide variety of accounting and banking tasks, therefore reducing the amount of manual work required. Most accounting platforms automate processes like sending recurring invoices, scheduling reports, managing subscription payments or automating transactions import.
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See what others say about their experience with AIS Solutions:
““We have worked with Juliet and her team of AIS professionals since 2008. We know they will always get the job done in a most professional and personable manner. Juliet’s knowledge of QuickBooks along with her accounting background, allows me to rest assured knowing that my books are in order and my filings are accurate and on time. AIS will provide you with great results and expert advice with the utmost integrity.”
Dianne Hartwick, Owner Minding Your Business
“When we started our business, the thought of finding an accountant was overwhelmingly daunting. There are hundreds of accountants listed in the phone book and online but how can you possibly know who you will connect with – who you will trust? I searched through websites and AIS was the first and only site that I related to. I liked the way everything was spelt out for me and I felt compelled to contact them. I met Juliet shortly after and I knew instantly that I’d made the right decision. She was down to earth and friendly while still being knowledgeable and helpful. It’s been 5 years – through the ups and downs of our business – from a partnership to incorporation and through the chaos of the recession but I’ve always been grateful that I’ve had Juliet by my side.”
Rina Rovinelli, Owner Maximum Woman
“I have had the good fortune to work with Juliet and her team, at AIS, on 2 business circumstances over the last few years. Her commitment, dedication and professionalism are unquestionable. In every circumstance, she and her team have treated our business like their own. A results-oriented, knowledgeable, focused team of professionals with the highest degree of integrity. It has been a pleasure to work with them.”
Gary Brent, Deblen Holdings Limited
“AIS came to Breyer Casting Technologies some 16 months ago. At that time the financial reporting of the company was in disarray and out of control. Juliet and her team quickly put the disciplines in place and within 90 days had control of our financial situation. Today Breyer Casting has a clear and precise picture of its financials through Pro Forma’s, Cash Flow, Labour and Material schedules and requirements. If you’re looking for a highly motivated professional financial services group I would highly recommend you sign up for the AIS financial team today.”
Bob Green, President Breyer Casting Technologies Inc.
Looking for virtual bookkeeping services in Canada? We’re here for you.
With over 20+ years of experience in bookkeeping, we can now leverage our experience in order to help other businesses grow and thrive. We believe in the digital economy. We understand that cloud technology is the ultimate tool to give small businesses a fair chance at growth and success. At the same time, we also know it’s vital to get the right information at the right time in order to navigate and manage your business the proper way. And that’s exactly what we provide to our customers.
Future-proof your business infrastructure
Opt-in for virtual bookkeeping services in Canada
Schedule a free consultation now a find out how we can help
Frequently Asked Questions
Will virtual accounting solutions give me less control over my business?
Is virtual bookkeeping a safe option?
Yes, it is. When you opt-in for virtual bookkeeping services in Canada, apart from the high level of accessibility you’ll benefit from, cloud computing will also increase the security of your business data. Your data will be safe and secured through high-grade encryption.