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The Many Benefits of Working With a Virtual Accountant

By |2022-10-15T16:43:32+00:00October 15th, 2022|Accounting, Technology|

For small business owners, keeping on top of their finances can be a full-time job in and of itself. That's where virtual accounting services come in. Virtual accountants can handle all of the nitty-gritty financial details of your business so you can focus on growing your company. Here are just a few of the many benefits of using a virtual accountant. Virtual Meetings With a virtual accountant, you can hold meetings online or over the phone instead of in person. This can be a huge time-saver, especially if you have clients or employees who are located in different cities or provinces. [...]

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What is a Virtual Accountant?

By |2022-04-02T02:04:37+00:00April 2nd, 2022|Accounting, Business, Taxes|

The short answer is, a virtual accountant is the same as any other accountant. Accountants choose to work virtually due to a variety of reasons. Here at Virtual Heights Accounting, we see the value of technology to save time and money, so we’ve been one-hundred percent virtual since day one.  There are many types of accountants. Some work in public practice at an accounting firm. Others work for companies as controllers, CFOs, or any number of aptly named positions. The lingo for this type of accountant is one who works in industry. The main difference between public practice and industry is [...]

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9 Signs It’s Time for a Virtual Controller

By |2021-10-24T09:53:16+00:00June 30th, 2020|Accounting, Business|

Sometimes it’s hard to know when you need help in your business. Other times, you know you need help, but you’re nervous about hiring the wrong person. Or maybe you’re not sure you can afford to hire someone. That's where a virtual controller can help. A virtual controller is the perfect solution. They can take on all the things keeping from the work you love at a fraction of the cost of hiring a full-time employee. Here are nine signs you might need a virtual controller. 1. You’re Constantly Behind When the paperwork is piling up, it’s difficult to get to the [...]

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Making Billable Expenses Work for You Using Xero

By |2017-01-31T05:11:34+00:00January 31st, 2017|Uncategorized|

Billable expenses are when you pay for services or products (expenses) that you then invoice to your customers. Using billable expenses as part of your accounting and invoicing software can help you ensure you don’t miss out on getting reimbursed for these costs. This discussion will be based on using Xero to track this but many other accounting software also have this option. This can be great for a variety of businesses. I have seen it work wonders for contractors but I have also seen it in professional service businesses. The bottom line is if you have a contract or agreement [...]

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Why I became a Cloud Accountant (3 minute read)

By |2021-10-24T09:53:19+00:00November 22nd, 2016|Uncategorized|

Cloud accounting is when the accounting software you use is accessible by the internet and not downloaded onto a specific computer. In my practice, I am a Cloud Accountant (also called a Virtual Accountant) and work only with cloud software. Before I outline the main reasons why I became a Cloud Accountant it is important to understand what cloud accounting is. Cloud software is software that is stored on someone else’s server (Amazon or Google are the two main providers). Individuals access it through an internet connection.   Ease of Use – Apps on your Phone I love that I can [...]

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