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As a business-owner or entrepreneur, one of the biggestchallenges you probably face, is how to manage your finances and do youraccounting correctly and easily. You have to consider factors like easy andconvenient invoicing for your clients, calculating your payroll and taxes,financial statements, and regular monitoring of your cash flow. Thankfully, there is now a wide range of online accountingtools that simplify your accounting needs. Most of these tools and websitesautomate calculations for payroll, taxes and profits or losses. You can usethese tools to instantly invoice your clients and check your profits on aweekly or even daily basis. Best of all, these tools can be used by almostanyone, whether they have experience with business accounting or not. The simplicity of these websites makes it easy for you tohire the right virtual assistant for your needs. Searching for a freelancerwith decades of accounting experience may take months, and their rates may alsobe extremely high. Now with these online accounting tools, you can hire afreelancer with minimal to no accounting experience to assist you with yourfinancial management. Take for example, Freshbooks. This accounting tool has beenmet with rave reviews from Forbes, CNN and the New York Times. Freshbooks iscloud accounting software, which means that your freelancer can work on yourbooks from his or her mobile phone, tablet or desktop. The website is simpleand very easy to use and your freelancer would spend a minimal amount of timeperforming your accounting tasks. Best of all with Freshbooks, there iscustomer-support available at anytime. So just in case your freelancer runsinto a problem, he or she can call for customer assistance, without ever havingto trouble you. Xero is accounting software that is both convenient for youand your freelancer, and cost-effective. The website offers multiple featuresthat make it easy for your freelancer to answer any of your financialquestions. He or she can simply run reports that can link back to the originaltransactions or help you calculate payroll and taxes, even for complex payrollneeds. Another perk of this particular accounting solution is that you and yourfreelancer or freelancers can all work together to develop financial statementsand reports as a team. Other accounting solutions like Quickbooks Online andOutright offer many of the same benefits as their accounting counterparts.Outright is geared toward small businesses, and you can connect all of youronline accounts, like Paypal, Etsy and Amazon to your Outright profile.Outright also does not require you to manually create your own reports. Theyare refreshed automatically with every piece of new data, so all yourfreelancer would need to do, would be to log in and look at the reports at anygiven time. Quickbooks Online also has a great feature for you to pay youremployees directly, which sets it apart from some of its competitors. Using thesoftware, you can pay your employees with free-direct deposit or even printyour own checks. You can also manage your taxes using the program, eitherthrough paying automatically or by printing completed forms. The user interface is simple and easy to useand your freelancer will be able to complete almost any financial or accountingtask you may need, without any issues. When choosing your online accounting solution, keep in mindthat you want something simple, mobile and cloud-based, cost-effective,efficient and easy for even a freelancer with no accounting experience to use.For more info visit: http://www.virtualassistant.ph/online-accounting-and-your-virtual-assistant/
Online,Accounting,and,Your,Vir