FAQs
1. What services does your virtual book accounting business provide?
We provide a range of bookkeeping and accounting services for small businesses, including bank reconciliations and preparation of financial statements.
2. Do you provide virtual book accounting services for businesses located outside the United States?
Yes, we provide virtual book accounting services for small businesses located around the world. We have experience working with businesses in a variety of industries and can provide tailored solutions to meet your specific needs.
3. Do you provide CFO services?
Yes, we provide CFO services for small businesses that need strategic financial guidance and planning. Our experienced CFOs can help you develop a financial strategy that aligns with your business goals and objectives.
4. Where are your bookkeepers based?
Our bookkeepers are based around the world, which allows us to provide coverage for our clients. We have a diverse team of experienced professionals who are dedicated to providing high-quality bookkeeping and accounting services. The Bookkeepers are based in Sri Lanka and Pakistan and all output is thoroughly reviewed prior to submission to the client.
5. How are your bookkeepers qualified?
Our bookkeepers are highly qualified and experienced professionals who have a strong background in bookkeeping, accounting, and finance. Many of our bookkeepers hold accounting certifications and have years of experience working with small businesses.
6. Where are your offices?
We have offices all over the world with our headquarters in London. Outside of London, we also have representative offices in the USA, United Arab Emirates, Sri Lanka and Pakistan.
7. What do I have to provide to get started?
To get started, we'll need access to your financial information, such as bank statements, receipts, and invoices. We'll work with you to gather all the necessary information and set up a secure system for transferring documents and data.
8. How much does it cost?
Our fees depend on the specific services you need and the complexity of your financial situation. We offer transparent pricing and will provide you with a detailed quote before we start working together.
9. What accounting packages do you support?
We support a wide range of accounting packages, including QuickBooks, Xero, Wave, and more. If you're not currently using a cloud-based accounting system, we can work with you to set one up and migrate your financial data.
10. I don't have a cloud-based system, can you provide support for me?
Yes, we can provide support for businesses that don't have a cloud-based system. We can work with you to set up a system that meets your needs and migrate your financial data.
11. Can you help me with tax planning and preparation?
Yes, we can help you with tax planning and preparation, no matter where in the world you're located. Our team of experienced accountants stays up-to-date on the latest tax laws and regulations to ensure that you're fully compliant with all applicable tax requirements.
12. How quickly can you complete my books?
The timeline for completing your books will depend on the specific services you require and the complexity of your financial situation. We'll work with you to establish a timeline that meets your needs and ensure that your books are completed accurately and efficiently.
13. Do you offer any guarantees or warranties?
We stand behind our work and are committed to providing high-quality bookkeeping and accounting services to our clients. If you're not satisfied with our services for any reason, we'll work with you to make it right.
14. Can you help me with financial forecasting?
Yes, we can help you with financial forecasting to help you plan for the future and make informed business decisions. Our experienced CFOs can work with you to develop a financial forecast that takes into account your business goals and objectives.
15. Are you experienced in dealing with e-commerce companies or Amazon FBA stores?
Yes, we have experience working with e-commerce companies and Amazon FBA stores. We understand the unique challenges of managing finances for these types of businesses, including inventory management, sales tax compliance, and multi-channel selling. Our team can provide tailored solutions to meet your specific needs.
16. How do I know my financial information is safe with your virtual book accounting business?
We take data security very seriously, and we use industry-standard encryption and security protocols to protect your financial information. All our team members sign non-disclosure agreements, and we never share your information with third parties without your permission.
17. How do I communicate with my Bookkeeper?
We offer a variety of communication channels for our clients, including email, phone, and video conferencing. Your assigned bookkeeper will work with you to determine the best communication method for your needs and preferences.