In this article, I'm going to talk about hiring Virtual Accountants in the Philippines. Before getting into what tasks you can outsource and hire Filipino CPA's for, let's first of all look at the two reasons why people hire virtual accountants for in the first place.
Outsourcing general and administrative tasks could have been difficult to do in previous years. This proved to be very impractical for many business owners. But with the rise of the internet and social media, plus the launch of many platforms and services, outsourcing jobs has now become very easy. Companies are not just confined to hiring assistants in their hometowns and locations, but they are able to hire an assistant from the other side of the world such as the Philippines for a fraction of the cost.
Virtual Accountants and Virtual CPA's are just like any ordinary accountant or assistant or bookkeeper (depending on the role you're hiring them for). One kind of virtual assistant which will benefit you, in the long run, is a bookkeeping virtual assistant. Companies are able to take advantage of reduced labor costs without the need of sacrificing the vital service of bookkeeping and accounting,
But you might actually be wondering what specific bookkeeping tasks you can safely outsource to virtual assistants. There are definitely endless tasks, but these are among the most common bookkeeping virtual assistant tasks you can delegate:
You should remember that the reason you are delegating this task to a bookkeeping virtual assistant is for you to have more time on value-adding business activities for your company. At the same time, such job will help make a living for the virtual assistant. Thus, the relationship must be mutual and there should be some high level of confidence between you and your virtual assistant. Allowing someone else to keep track of your books and accounts might seem intimidating. But the benefits you will get are truly endless.
Filipino virtual assistants for accounting and bookkeeping generally are paid a salary of between $500-$1,000 per month full-time. Of course, it depends on the complications of the tasks and the experience that you require. For example, do you need a CPA (certified public accountant) who is a graduate and passed the CPA board exam? Perhaps you need someone to do Xero and Quickbooks and handle tax calculations and end of year returns?
If you want an in-depth salary guide for hiring not only virtual assistants for accounting and bookkeeping but also general VA's, marketing VA's and every other type of Filipino virtual assistant. You can download our free salary guide e-book by clicking the link below.
VirtualStaff.ph also has a free resource section that is full of videos, podcasts, blogs, and articles.
Hope this article helped!