3 Steps to Help Your Switch to Virtual Accounting and Bookkeeping

Virtual accounting and bookkeeping are the future for many small businesses. Going virtual opens fantastic possibilities for a small business owner, particularly with access to financial experts on demand. The process of implementing virtual accounting is straightforward and cost-efficient.

Here are three steps that you can follow: –

The Discovery Call – The first step is having a discovery call with an expert CFO or CPA for a comprehensive assessment of your current financial state. Through this assessment, a plan will be put in place to move your books securely into a cloud online. Another objective of the discovery call is for the virtual accounting team to clarify the business model and goals of the small business.

Establish Clear Communication – At the start of the virtual accounting partnership, there will be a need for effective and consistent communication. This is because the entire process to set you up with your virtual accounting systems may take at least two weeks. You will need to set up communication guidelines to determine what can be managed through email, text messages, meetings, or phone calls.

Remember to Brief Clients – Although switching to virtual accounting and bookkeeping is primarily an internal process for small businesses, it may also be necessary to brief clients. This is for clients who are used to face-to-face interactions with finance or administration employees. Where essential, clients can also receive training that simplifies how they interact with a virtual accounting process. Establishing ways to maintain a human touch with clients is necessary to maintain strong relationships with these plans.

When deciding to switch, you may also need to overcome some barriers. These barriers are more internal and mindset than anything else. Like with any new business relationship, allow for some time to build trust, and ask all the questions you need to for your peace of mind.

Another barrier is the fear that you will lose total control of your business or financial management when you work with a team of virtual experts. To overcome this fear, collaborate closely with the virtual team to ensure the clarity and simplicity of a financial dashboard. Furthermore, all the information needs to be both easy to read and understand.

RCN CPAs has a professional team of virtual accountants and bookkeepers who are future-focused, thus aligning with your business goals. In addition, you can also get expert help through our strategic business advisory services or work closely with a virtual CFO. So, take the first step and schedule a discovery call with one of our team.

Miriam Blednick

I am a small business owner and found this firm a few years ago and could not be happier. I was worried it might be hard to switch but after my initial meeting with the owner, Nneka, and her staff it was an easy decision. They are all amazing people. We have an unusual business model but it took them a very short time to understand because they asked questions and listened. Over the past three years, Nneka, has given me excellent advice that helped me make solid decisions for the business and for my personal retirement. If you need a CPA, they see all types of clients, I personally and professionally highly recommend them.

Seyi Oshikanlu

Nneka is knowledgeable, she listens and understands your goals and then makes a plan to achieve these with you. Many CPAs simply use software and are not ready to educate you on how to utilize the benefits you have. She is not a cookie cutter professional but one who cares, listens cos she has ears and then helps you achieve your goals! Thanks so much!

Maurer Co Retaining Walls

They have really helped us to keep on the right track!! We love our accountant!! They give us monthly financial statements and we have a standing monthly online meeting to go over our statements, ask any questions and plan for the future. Best accountant ever!!!

Cosmic Aureas

CPA Nneka Nwobi provided very valuable tax related recommendation which helped save thousands of dollars that would have to otherwise be paid to the IRS. Nneka is very professional and prompt in email communication. I am truly thankful to her and appreciate her for her knowledge and the valuable recommendations that she made on how to best approach my situation.

Romaine Washington

I received very valuable tax information from Nneka Nwobi. Making her services and tax questions available with no obligation is a lost art from any business owners today. I really appreciate her professionalism, knowledge and recommendations on how to best approach my text situation.

Anthony Okoye

Excellent service

Ron Campbell

Nneka Nwobi's response to my request for help in making some adjusting entries and correcting some accounting matters was EXCELLENT! I especially appreciated her showing me how to do it using Zoom screen sharing on my Quickbooks account as well as explaining the transactions. It is a pleasure working with her.

Redmond Bandy

This place is so professional, timely, and they pay attention to detail. Will be working with them forever. 10/10

Yasuo Matsuzawa

Great team at RCN and the team is efficient

Scott Korey

Everything you would look for in a CPA: professional, timely, and personal. I've been trusting them for years with tax preparation and love the confidence that engenders. Their service is a great value, as well.

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