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Frequently Asked Questions

 

Here are some of the most frequently asked questions about the Portland Accountants services. Get your answers straight from us from these FAQs.

How does a virtual bookkeeper work?

A virtual bookkeeper handles your bookkeeping remotely. You communicate with them and share your financial info using software. They categorize your transactions and prepare financial statements for your business.

What does a remote bookkeeper do?

 Remote bookkeepers are responsible for some or all of the financial accounts for their employer or client. They may work independently or within a department to manage all accounts payable and accounts receivable within the organization, depending on the size and needs of the company.

What are the duties and responsibilities of a bookkeeper?

 Our virtual bookkeepers are cost-efficient since they work remotely and you’re not required to pay for their recruitment, taxes, and equipment. You will also be guaranteed that accurate and timely provision of information and date when you need it. Our virtual bookkeepers use technology to provide full data security and confidentiality to all the important information and data that you provide us. These and more advantages will surely make business life easier for you. 

What is Full Cycle Bookkeeping?

In a reporting period, full cycle accounting is comprised of all the activities that an accountant undertakes to produce financial statements within that period. These activities may include recording business transactions, adjusting entries, producing financial statements, and closing books.

What does a bookkeeper do on a daily basis?

 Bookkeepers oversee a company’s financial data and compliance by maintaining accurate books on accounts payable and receivable, payroll, and daily financial entries and reconciliations. They perform daily accounting tasks such as monthly financial reporting, general ledger entries, and record payments and adjustments. 

 Keeping accurate records of a company’s financial transactions is important, but so is ensuring the success of your business.

What is remote accounting?

A remote accounting job allows you to build your career with an incredible company while offering you real flexibility where and sometimes even when you do your work. Others are Hybrid, meaning the company has an office and wants you to be nearby but they let you work where you prefer.

Should I give my bookkeeper access to my bank account?

If they are doing your bookkeeping and charge by the hour, giving them access to your bank account will save them time and your money. You can grant view only access which means they won’t be allowed to do anything with your money.

If you have other inquiries about Portland Accountants that we haven’t answered yet, feel free to contact us. We’ll be glad to assist you and keep your sights to greater heights of success. 

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Our service areas: Milwaukie, Cedar Hills, Cedar Mill, Beaverton, Lake Oswego, Oak, Grove, Tigard, Vancouver, Aloha, Minnehaha, Tualatin, Gladstone, West Linn, Fairview, Oregon City

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