Virtual Accounting: 5 Ways to Set up Processes that Work
Financial Cents
May 18, 2023
In today’s fast-paced firm environment, many companies are turning to virtual accounting to streamline their financial operations. Virtual accounting, also known as cloud accounting or online accounting, refers to the practice of using digital tools and software to manage financial transactions, bookkeeping, and tax reporting from remote locations.
Virtual accounting has gained popularity in recent years, and for good reasons. It allows firms to access real-time financial information, reduce errors and save time, and money.
