Virtual Financial Statement Preparation
No paper, no problems. With our online accounting services, you’ll never have to wade through the mounds of financial records stuffed in your drawer again.
Real Time’s virtual accountants organize, prepare, and produce financial statements through our online accounting software, including balance sheets, income statements, and cash-flow statements for startups, small, and medium-sized businesses. Our online financial reporting process ensures everything is done accurately and on-time, and available to you through our cloud-based systems – access them instantly any time, in any place you need them.
Financial Statements and Bookkeeping Packages
For solo entrepreneurs, freelancers, agents, and consultants
For new startups and growing small businesses
For the established small business
For the medium-sized business
Real Time’s virtual accountants provide ongoing:
- Monthly and/or quarterly reports
- Financial statement preparation, analysis, and projections
- Adjusting and/or closing entries
- General online bookkeeping services
How does your small business benefit from online financial statement preparation?
Virtual financial statement preparation services provide a slew of benefits to business owners. Offering objective opinions on your accounting processes, we have the in-depth understanding of small- and medium-sized business accounting principles to foresee any potential roadblocks or opportunities in your financial future.
As a virtual accounting firm, you can think of us as an extension of your team – but we don’t need employee benefits, office space, equipment, or social security contributions. With our set virtual accounting packages, you’ll know your financial statement costs upfront, providing you more flexibility. This flexibility only increases when we have the capacity to do everything online, whenever and wherever you need it.
By hiring accounting experts, you’re also safeguarding your business in terms of government compliance. We’re familiar with statutory and CRA rules and regulations, so you can rest assured everything will be prepared in accordance to government guidelines.
Transparency is another factor to consider when opting for external accounting services. We have no fear in providing in-depth analysis on a company’s finances – this type of honesty can sometimes get lost, especially if your business relies on internal reviews. Employees can be frightened of the consequences of delivering bad news. We owe it to you and your business to be upfront and honest, to give you a clear picture of your company’s true financial position.
The final benefit we’ll touch on, that’s commonly overlooked in the accounting industry, is the credibility working with an external accounting firm can provide. If you’re speaking with stakeholders, creditors, private investors and the like, they’ll often need reassurance that your company’s financial statements accurately represent its true financial position. The aforementioned will be more confident that you’re working with professional cloud accountants, rather than telling them Tom from the sales team helps with some accounting stuff every now and then.