Online bookkeeping allows an accountant or bookkeeper to provide their services to any business remotely.
While you might not think online bookkeeping is standard practice, it becomes more and more popular. It also has some real benefits for both businesses and bookkeepers.
Online Bookkeeping Defined
An online bookkeeper is allowed to complete their work remotely instead of physically being in the office. Other than the location where the work is completed, there aren’t any other differences. Online bookkeeping still uses financial software, like QuickBooks Online and Sage Intacct, to post financial transactions, create and review financial statements, and reconcile bank and credit card accounts.