The Benefits of Hiring Virtual Accountants for Your Business

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Businesses grow more tech-savvy as technology develops. All business processes are connected to the internet. As a result, enterprises are incorporating eco-systems that let them engage virtual administrative staff.

One of these cutting-edge solutions is a virtual assistant for accountants. Here are the benefits you can acquire from them:

1. Save Overhead Expenses

Business owners with high overhead costs due to multiple departments, such as a large accounting department, will find this especially useful. You can dramatically reduce these costs without needing office space and expensive equipment. In addition, you can save on salaries and benefits by outsourcing your accounting needs to a virtual accountant instead of hiring in-house staff.

Virtual accountants are typically more experienced than in-house staff and can provide more accurate results. They are also highly skilled professionals knowledgeable in all areas of financial records and taxes. This makes them ideal if you want to track your financial transactions in real time.

An experienced virtual accountant can also help you minimize taxes and maximize profits by suggesting tax strategies to save money. They will also be able to review contracts between yourself and other businesses to ensure compliance with applicable laws, which is another excellent way to keep your finances in order.

2. Receive Quality Service

Virtual accountants provide businesses with financial services that include managing bookkeeping, payroll processing, and tax filing. By using the services of a virtual accountant, companies can be assured that their financial needs are being handled efficiently and effectively.

They use secure technology to ensure that all data remains confidential and secure. Additionally, virtual accountants can work with businesses regularly, allowing for ongoing consultation and feedback on their accounting needs.

Virtual accountants offer flexibility when scheduling appointments, allowing businesses to conduct business wherever possible. Furthermore, virtual accountants can provide enhanced customer service by responding quickly to client inquiries or requests, thus eliminating costly delays in addressing financial matters.

3. Have a Scalable Support System

Companies hiring virtual accountants can quickly scale their service as needed. The teams of certified public accountants (CPAs) and bookkeepers work remotely to meet the needs of the business. Since they can work from anywhere, they can quickly add more professionals to the team as the company expands. This way, a business will have the necessary resources to keep up with growth in demand and revenue.

Additionally, virtual accountants can provide businesses with access to better technology offerings within the industry. Companies can take advantage of cloud-based systems to help keep track of financial data more efficiently and accurately.

4. More Flexible Working Hours

As a business owner, this allows you to work with accountants at any time and from any location without waiting for them to be available during regular business hours. Additionally, accessing expert accounting services from anywhere worldwide allows you to ensure your finances are handled correctly and according to the latest applicable laws.

Many virtual accountants also offer their services on a pay-as-you-go basis, meaning you only pay for what you need. This eliminates any long-term commitments or investments, allowing you to adjust your financial needs as needed with minimal cost.

Conclusion

As you can see, virtual accounting services offer several advantages over the traditional approach. Not only do they save money and time, but they also provide access to high-quality accounting services from anywhere in the world. They even reduce the burden on businesses’ internal teams by reducing the amount of paperwork and manual processes. Ultimately, virtual accountants can help companies to manage their finances better and bring about positive changes that benefit their bottom line.

If you need an accounting virtual assistant service, VASupportNow is here to help you! We are an experienced virtual accounting firm with a team of highly skilled accountants and support personnel. Get in touch with us today to learn more about our services!

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CLIENT SERVICES AGREEMENT

This Service Agreement (the “Agreement”) by and between (the “Client”) and VA Support Now (the “Service Provider”) also individually referred to as the “Party”, and collectively the “Parties”.

Services

The Service Provider shall perform the services agreed upon during the onboarding meeting.

Compensation

The Client hereby agrees to compensate the Service Provider at the rate of $7.50 per hour for the Services provided, with a minimum of four (4) hours and a maximum of eight (8) hours of Services per day. Payment for said Services shall be made in accordance with the schedule outlined in this agreement.

Expenses

The Client agrees to reimburse the Service Provider for all expenses incurred as a result of performing the Services. The Service Provider agrees to submit all expenses to the Customer for approval prior to incurring the expense. All expenses must be approved in writing. The Customer will not be liable to reimburse the Service Provider for any expense(s) that was not pre-approved.

Payment

“The Service Provider shall issue invoices to the Client at intervals of ten (10) days. The Client shall make payment of all invoices within a period of two (2) days from the date of invoice.

In the event of any late payment by the Client, a late fee of five percent (5%) of the outstanding amount shall be imposed and accrue weekly until full payment is received.

The term of this Agreement shall commence on the Effective Date, agreed by both parties, and continue for days set by both parties, unless otherwise terminated per the terms of this Agreement.

Termination

Either Party may terminate the Agreement at any time upon 48 hours prior written notice to the other Party. In the event the Customer terminates the Agreement, the Customer shall still remain obligated to pay the Service Provider for any Services performed up to the date of termination and any expenses approved, but not paid, prior to the date of termination.

In the event the Service Provider terminates the Agreement, the Service Provider shall reimburse the Customer any amounts previously paid to the Service Provider for which the Service Provider has not yet performed the Services.

This Agreement will automatically terminate when both Parties have performed all of their obligations under the Agreement and all payments have been received.

Relationship of the Parties.

No Exclusivity
- The Parties understand this Agreement is not an exclusive arrangement. The Parties agree they are free to enter into other similar agreements with other parties. The Service Provider agrees the Service Provider will not enter into any agreements that conflict with the Service Provider’s obligations under this Agreement.

Independent Contractor.
- The Service Provider is an independent contractor. Neither Party is an agent, representative, partner, or employee of the other Party.

Non Solicitation.
- The Client agrees not to engage or solicit, either directly or indirectly, the services of the Contractor for any work without providing prior written notice to the Company and paying the applicable Placement Fee.

The Parties hereto agree that this Agreement shall be governed by, and construed in accordance with, the laws of the State of California and/or United States of America, in which the obligations under this Agreement are to be performed. In the event that the obligations hereunder are to be performed in multiple states or countries, the Parties agree that this Agreement shall be governed by the laws of the State of California”.

Confidentiality

The Parties agree to keep this Agreement confidential except as required by law or the party’s consent.
This Agreement constitutes the Parties entire understanding of their rights and obligations. This Agreement supersedes any other written or verbal communications between the Parties. Any subsequent changes to this Agreement must be made in writing and signed by both Parties.

Payment

The client authorizes VA SUPPORT NOW to initiate variable entries to the account described above for any amounts owed by Client to VA SUPPORT NOW related to the services provided under the Client Services Agreement, including but not limited to: hourly fees, late fees, start up fees, and any other fees applicable to the Agreement and services provided thereunder.

This authority is to remain in full force and effect until VA SUPPORT NOW has received 10 days written notification of cancellation from Client of the termination of the Agreement and this authorization. If the Client fails provide written notification to VA SUPPORT NOW within the time period set for herein and in the Agreement, VA SUPPORT NOW shall be permitted to charge the credit card above for any/all outstanding fees and costs

CLIENT SERVICES AGREEMENT

Services

The Service Provider shall perform the services agreed upon during the onboarding meeting.

Compensation

The Client hereby agrees to compensate the Service Provider at the rate of $8.49 per hour for the Services provided, with a minimum of four (4) hours and a maximum of eight (8) hours of Services per day. Payment for said Services shall be made in accordance with the schedule outlined in this agreement.

Expenses

Payment

The Service Provider shall issue invoices to the Client at intervals of ten (10) days. The Client shall make payment of all invoices within a period of two (2) days from the date of invoice.

In the event of any late payment by the Client, a late fee of five percent (5%) of the outstanding amount shall be imposed and accrue weekly until full payment is received.

The term of this Agreement shall commence on the Effective Date, agreed by both parties, and continue for days set by both parties, unless otherwise terminated per the terms of this Agreement.

Termination

Either Party may terminate the Agreement at any time upon 7 days prior written notice to the other Party. In the event the Customer terminates the Agreement, the Customer shall still remain obligated to pay the Service Provider for any Services performed up to the date of termination and any expenses approved, but not paid, prior to the date of termination.

This Agreement will automatically terminate when both Parties have performed all of their obligations under the Agreement and all payments have been received.

Relationship of the Parties

No Exclusivity
- The Parties understand this Agreement is not an exclusive arrangement. The Parties agree they are free to enter into other similar agreements with other parties. The Service Provider agrees the Service Provider will not enter into any agreements that conflict with the Service Provider’s obligations under this Agreement.

Independent Contractor.
- The Service Provider is an independent contractor. Neither Party is an agent, representative, partner, or employee of the other Party.

Non Solicitation.
- The Client agrees not to engage or solicit, either directly or indirectly, the services of the Contractor for any work without providing prior written notice to the Company and paying the applicable Placement Fee.

The Parties hereto agree that this Agreement shall be governed by, and construed in accordance with, the laws of the State of California and/or United States of America, in which the obligations under this Agreement are to be performed. In the event that the obligations hereunder are to be performed in multiple states or countries, the Parties agree that this Agreement shall be governed by the laws of the State of California”.

Confidentiality

The Parties agree to keep this Agreement confidential except as required by law or the party’s consent.
This Agreement constitutes the Parties entire understanding of their rights and obligations. This Agreement supersedes any other written or verbal communications between the Parties. Any subsequent changes to this Agreement must be made in writing and signed by both Parties.

Billing

CLIENT SERVICES AGREEMENT

Services

The Service Provider shall perform the services agreed upon during the onboarding meeting.

Compensation

The Client hereby agrees to compensate the Service Provider at the rate of $8.99 per hour for the Services provided, with a minimum of four (4) hours and a maximum of eight (8) hours of Services per day. Payment for said Services shall be made in accordance with the schedule outlined in this agreement.

Expenses

Payment

The Service Provider shall issue invoices to the Client at intervals of ten (10) days. The Client shall make payment of all invoices within a period of two (2) days from the date of invoice.

In the event of any late payment by the Client, a late fee of five percent (5%) of the outstanding amount shall be imposed and accrue weekly until full payment is received.

The term of this Agreement shall commence on the Effective Date, agreed by both parties, and continue for days set by both parties, unless otherwise terminated per the terms of this Agreement.

Termination

This Agreement will automatically terminate when both Parties have performed all of their obligations under the Agreement and all payments have been received.

Relationship of the Parties

No Exclusivity
- The Parties understand this Agreement is not an exclusive arrangement. The Parties agree they are free to enter into other similar agreements with other parties. The Service Provider agrees the Service Provider will not enter into any agreements that conflict with the Service Provider’s obligations under this Agreement.

Independent Contractor.
- The Service Provider is an independent contractor. Neither Party is an agent, representative, partner, or employee of the other Party.

Non Solicitation.
- The Client agrees not to engage or solicit, either directly or indirectly, the services of the Contractor for any work without providing prior written notice to the Company and paying the applicable Placement Fee.

The Parties hereto agree that this Agreement shall be governed by, and construed in accordance with, the laws of the State of California and/or United States of America, in which the obligations under this Agreement are to be performed. In the event that the obligations hereunder are to be performed in multiple states or countries, the Parties agree that this Agreement shall be governed by the laws of the State of California”.

Confidentiality

The Parties agree to keep this Agreement confidential except as required by law or the party’s consent.
This Agreement constitutes the Parties entire understanding of their rights and obligations. This Agreement supersedes any other written or verbal communications between the Parties. Any subsequent changes to this Agreement must be made in writing and signed by both Parties.

Billing

CLIENT SERVICES AGREEMENT

Services

The Service Provider shall perform the services agreed upon during the onboarding meeting.

Compensation

The Client hereby agrees to compensate the Service Provider at the rate of $9.99 per hour for the Services provided, with a minimum of four (4) hours and a maximum of eight (8) hours of Services per day. Payment for said Services shall be made in accordance with the schedule outlined in this agreement.

Expenses

Payment

The Service Provider shall issue invoices to the Client at intervals of ten (10) days. The Client shall make payment of all invoices within a period of two (2) days from the date of invoice.

In the event of any late payment by the Client, a late fee of five percent (5%) of the outstanding amount shall be imposed and accrue weekly until full payment is received.

The term of this Agreement shall commence on the Effective Date, agreed by both parties, and continue for days set by both parties, unless otherwise terminated per the terms of this Agreement.

Termination

This Agreement will automatically terminate when both Parties have performed all of their obligations under the Agreement and all payments have been received.

Relationship of the Parties

No Exclusivity
- The Parties understand this Agreement is not an exclusive arrangement. The Parties agree they are free to enter into other similar agreements with other parties. The Service Provider agrees the Service Provider will not enter into any agreements that conflict with the Service Provider’s obligations under this Agreement.

Independent Contractor.
- The Service Provider is an independent contractor. Neither Party is an agent, representative, partner, or employee of the other Party.

Non Solicitation.
- The Client agrees not to engage or solicit, either directly or indirectly, the services of the Contractor for any work without providing prior written notice to the Company and paying the applicable Placement Fee.

The Parties hereto agree that this Agreement shall be governed by, and construed in accordance with, the laws of the State of California and/or United States of America, in which the obligations under this Agreement are to be performed. In the event that the obligations hereunder are to be performed in multiple states or countries, the Parties agree that this Agreement shall be governed by the laws of the State of California”.

Confidentiality

The Parties agree to keep this Agreement confidential except as required by law or the party’s consent.
This Agreement constitutes the Parties entire understanding of their rights and obligations. This Agreement supersedes any other written or verbal communications between the Parties. Any subsequent changes to this Agreement must be made in writing and signed by both Parties.

Billing

CLIENT SERVICES AGREEMENT

Services

The Service Provider shall perform the services agreed upon during the onboarding meeting.

Compensation

The Client hereby agrees to compensate the Service Provider at the rate of $7.99 per hour for the Services provided, with a minimum of four (4) hours and a maximum of eight (8) hours of Services per day. Payment for said Services shall be made in accordance with the schedule outlined in this agreement.

Expenses

Payment

“The Service Provider shall issue invoices to the Client at intervals of ten (10) days. The Client shall make payment of all invoices within a period of two (2) days from the date of invoice.

In the event of any late payment by the Client, a late fee of five percent (5%) of the outstanding amount shall be imposed and accrue weekly until full payment is received.

The term of this Agreement shall commence on the Effective Date, agreed by both parties, and continue for days set by both parties, unless otherwise terminated per the terms of this Agreement.

Termination

This Agreement will automatically terminate when both Parties have performed all of their obligations under the Agreement and all payments have been received.

Relationship of the Parties.

No Exclusivity
- The Parties understand this Agreement is not an exclusive arrangement. The Parties agree they are free to enter into other similar agreements with other parties. The Service Provider agrees the Service Provider will not enter into any agreements that conflict with the Service Provider’s obligations under this Agreement.

Independent Contractor.
- The Service Provider is an independent contractor. Neither Party is an agent, representative, partner, or employee of the other Party.

Non Solicitation.
- The Client agrees not to engage or solicit, either directly or indirectly, the services of the Contractor for any work without providing prior written notice to the Company and paying the applicable Placement Fee.

The Parties hereto agree that this Agreement shall be governed by, and construed in accordance with, the laws of the State of California and/or United States of America, in which the obligations under this Agreement are to be performed. In the event that the obligations hereunder are to be performed in multiple states or countries, the Parties agree that this Agreement shall be governed by the laws of the State of California”.

Confidentiality

The Parties agree to keep this Agreement confidential except as required by law or the party’s consent.
This Agreement constitutes the Parties entire understanding of their rights and obligations. This Agreement supersedes any other written or verbal communications between the Parties. Any subsequent changes to this Agreement must be made in writing and signed by both Parties.

Payment

Use our cost calculator to find out how much you could save!

The Benefits of Hiring Virtual Accountants for Your Business

1. Save Overhead Expenses

2. Receive Quality Service

3. Have a Scalable Support System

4. More Flexible Working Hours

Conclusion

Share this article

This might be intresting for you

Schedule A Free Discovery Call Now

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CLIENT SERVICES AGREEMENT

CLIENT SERVICES AGREEMENT

CLIENT SERVICES AGREEMENT

CLIENT SERVICES AGREEMENT

CLIENT SERVICES AGREEMENT