Why use a virtual accountant?

No need to find parking, child care or even leave your house.  With the technology that currently exists you can meet your accountant right at home using tools like Zoom.

An accountant that is Virtual (Operates in the Cloud) is more likely to stay up to date with technology and be better able to take care of you and your unique business.

Virtual Accountants are also paperless accountants.  That’s good for the environment, good for you and great for the budget.  Some documents like tax returns can require up to 75 pages of paper.  For EACH tax return.  That’s a lot of paper for a document you aren’t likely to read.  You also get to keep your original documents and you don’t have to worry about losing documents that your accountant gives you.

Tools like QuickBooks online and Xero are more likely to be used by Virtual accountants. Why is that important?  Online accounting tools are able to get you better and more timely information.  No more tracking your income separately on a spreadsheet because it take 3 months to get the bookkeeping done.  Tools like automatic bank and payment feeds means that your information is current.  Finally giving you the tools to actually run your business!

You can still contact your accountant when you are travelling on business because it doesn’t matter anymore where you are.  You can contact when you are on vacation too, but why would you want to?

Curious about Virtual Accounting and what it can do for you?  Contact Michelle @ info@dufordcpa.ca we discuss how this can work for you and your business.

Managing your information in a Paperless world

So you have decided that you have had enough and now you want to go paperless.  Seems to make sense, most of your bank statements, bills, and receipts come online anyway.  Why print them? Sounds simple enough but like anything, you need a way to organize your documents.  There are many software packages that do … Read more Managing your information in a Paperless world