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On the basic level, virtual bookkeepers record daily financial transactions for a business, and they do it all remotely instead of working on-site. Virtual bookkeeping means categorizing, reconciling, and recording financial transactions online using cloud-based software. Virtual bookkeeping is also referred to as online bookkeeping or remote bookkeeping. A Live Bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting.<\/p>\n
The Bureau of Labor Statistics reported that bookkeepers overall earned a median annual salary of \u200b$45,560\u200b, or \u200b$21.90\u200b per hour, as of 2021. If the bookkeeper is working as an independent contractor, she will invoice the business for the services performed and the client will remit payment in accordance to its contractor payment policy. Financial Post indicated in 2020 that virtual bookkeeper salary for skilled independent contractors was around \u200b$60\u200b per hour. But if you need more personalized, specific advice on how to start your own traditional vs virtual bookkeeping<\/a> business, and make money from home, see our other resources today to get started. Bookkeeper360 offers a pay-as-you-go plan that costs $125 per hour of on-demand bookkeeping support.<\/p>\nWhy Cooper Parry is the go-to provider for virtual bookkeeping<\/h2>\n