Virtual Bookkeeping Service

Virtual bookkeepers handle day-to-day accounting for small businesses remotely using cloud software like QuickBooks Online or Xero.

You categorize transactions, reconcile accounts, manage accounts payable/receivable, prepare financial statements, and ensure accurate records.

Monthly retainers range from $300-$2,000 depending on transaction volume and complexity.

Managing 15-30 bookkeeping clients generates $80,000-$240,000 annually with 50-70% margins.

Target clients include small businesses and startups, e-commerce stores, professional services, real estate investors, and any business needing financial records.

Services include transaction categorization, bank and credit card reconciliation, invoicing and AP/AR, monthly financial statements, sales tax tracking, and year-end tax preparation support.

Success requires proficiency in accounting software platforms, understanding of bookkeeping and accounting principles, attention to detail and accuracy, efficient processes for multiple clients, and communication skills explaining finances.

Many virtual bookkeepers specialize in industries or platforms (QuickBooks specialist), use automation and tools for efficiency, potentially offer controller or CFO services as upgrade, charge based on transaction volume, and build recurring predictable revenue.