At Bench Accounting, we keep our virtual assistant clients constantly updated with their bookkeeping needs. Got urgent issues that require immediate attention? Rest assured, we’ll respond to your queries within one business day or less.
Our platform enables you to automate data entries from all major providers, helping to eliminate typical errors. We work closely with service providers like Gusto, Stripe, Shopify, and Square— ensuring your financial records are without fail, accurate. Ideal for Virtual Assistants who value precision.
Say goodbye to disorganized spreadsheets and tedious manual accounting —our service syncs directly with your financial accounts. Essential insights are available from one central dashboard, designed to simplify understanding your business’s financial health. So as a Virtual Assistant, you can focus on making strategic decisions.
DR. BUKKY KOLAWOLE
As a Virtual Assistant, Bench Accounting can revolutionize the way you manage your financial records. We provide expert bookkeeping services that can handle your invoicing, billing, and financial reporting needs. Our team of talented bookkeepers use sophisticated software to automate mundane tasks, making your bookkeeping efficient and reliable.
Bench Accounting also provides a cloud-based platform where you can view and manage your financial data in real-time. You can monitor income, expenses, profit, and more, giving you the ability to make informed decisions about your Virtual Assistant business.
With Bench Accounting, you can focus more on your clients and tasks, knowing that your bookkeeping is in safe hands.
As a Virtual Assistant, you can potentially be eligible for a variety of tax deductions. These may include deductions for the home office, office supplies, software subscriptions, telecommunications expenses, or professional development costs, among others. However, navigating tax laws can be complicated and specifics can vary depending on your location and individual circumstances.
That's where our bookkeeping services can be incredibly beneficial. Our expert bookkeepers at Bench Accounting understand the ins and outs of tax laws, deductions, and write-offs, especially in relation to specific professions like Virtual Assistants. We can ensure that you’re taking advantage of all the deductions applicable to you, which can lead to substantial savings. We provide clear, organized financial records to make this process easier for you and to prevent potential issues with the IRS.
Moreover, we can also provide ongoing advisory support to ensure you’re keeping track of your expenses correctly and to answer any questions you might have about making your operation as tax efficient as possible.
As a virtual assistant, Bench Accounting understands the unique challenges you face when managing multiple income streams and expenses. Our bookkeeping service applies a methodical approach to categorize and keep track of all incoming and outgoing transactions. We use a range of categories tailored to the type of revenue or expense. For instance, each revenue stream can be treated as a separate 'income' category and the associated expenses would be allocated to their appropriate 'expense' categories.
Every month, you'll receive detailed financial statements that can differentiate income and expenses from each of your projects. This way, you can see clearly how much you're making and spending on each project. This not only ensures accurate bookkeeping but also provides insights that are crucial to your decision-making process. At Bench, we're not just delivering data, we're offering clarity on your business finances.
Nope! All bookkeeping is completed in-house.
Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.
We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.