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Rocket Bookkeeper offers cloud-based and outsourced bookkeeping services to small businesses across the USA.
The need for online bookkeeping services in New York has increased as firms continue to function remotely. If you’re new to remote accounting, you might have questions about how it operates and how records are kept. We’ll go into more depth and demonstrate how Rocket Bookkeeper helps businesses manage their accounts in this blog article.
Schedule a call today to let the magic begin!
How Does Online Bookkeeping Function?
A standardized procedure is followed while doing remote bookkeeping to guarantee accurate, timely, and effective financial reporting. The steps are as follows:
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Step 1: Setting Up the Cloud Account
In remote accounting, creating the account is the initial step. Your financial information, including your bank accounts, credit card accounts, and other sources of revenue and spending, will be added to the profile the bookkeeper creates for your business. You may access this data from any location at any time since it is safely kept on the cloud.
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Step 2: Transaction Recording
The bookkeeper will start recording transactions as soon as the account is set up. Making ensuring that the data is correct and thorough entails categorizing costs and revenue, comparing bank statements, and more. Rocket Bookkeeper makes use of cutting-edge software that can classify transactions automatically, saving time and lowering the possibility of mistakes.
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Step 3: Producing Financial Statements
Following that, the bookkeeper will create financial statements such as profit and loss statements and balance sheets. You may use these reports to discover how much money is coming into and going out of your business and utilize that knowledge to make financial decisions. You may read these reports anytime and wherever you choose using a computer or mobile device.
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Step 4: Communication
A crucial aspect of remote accounting is communication. A professional bookkeeper at Rocket Bookkeeper will get in touch with you on a weekly basis to discuss your accounts, respond to your inquiries, and offer suggestions for enhancing your financial performance. At Rocket Bookkeeper, we communicate with our clients by phone, email, and video conferencing.
How are records kept?
To retain records, remote accounting takes use of cloud-based software and technologies. You got that right; all your data is available to you 24/7 using secure cloud-based software and is only available to authorized users. The cloud-based software is regularly updated to maintain security and compliance.
One of the top ranked cloud-based accounting software solutions on the market, QuickBooks. Online, is one of the accounting software used by Rocket Bookkeeper. QuickBooks Online offers a wide range of features, including invoicing, payroll, and inventory management, making it easier for businesses of all kinds to manage their accounts remotely with perfection.
Conclusion
Remote accounting offers businesses an easy and cost-effective way to handle their finances. You can rest certain that your financial data is in good hands with Rocket Bookkeeper. Expert bookkeepers at Rocket Bookkeeper use cutting-edge cloud-based tools and software to ensure accurate, timely, and efficient financial reporting. Schedule a call right away to discover more about how the magic is done for your business to flourish.
Rocket Bookkeeper goes above and beyond the benefits of remote bookkeeping by providing a dynamic user interface via which you may send and receive confidential accounting documents to and from Rocket Bookkeeper.
We are available 24/7 to help you fix your accounts.
