What is Online Or Virtual Bookkeeping

1
What is Online Or Virtual Bookkeeping?
2
Hello!

• I am Abdul Quddeus
• CPA, CGA
• I am here because I love to give presentations.

3
what is online bookkeeping

• Lets start with the first topic

4

• Online or virtual bookkeeping is conceptually
  similar to on-site bookkeeping.
• Virtual bookkeeping The only difference from
  on-site or traditional bookkeeping is that we
  dont come to your physical location or office.
  This makes it virtual.

5
DIFFERENCE BETWEEN ONLINE AND  TRADITIONAL
BOOKKEEPING

• Does this mean?
• ASomehow we have to get your source documents or
  transactions i.e. bills/invoices/receipts etc.

6
DIFFERENCE BETWEEN ONLINE AND  TRADITIONAL
BOOKKEEPING

• How do we do this?
• AElectronically, over the internet.  We then
  update the transactions online. This updating of
  information and keeping of your books makes it
  online bookkeeping.

7
Get it?

• Bookkeeping is done online. Your books are
  updated by a virtual bookkeeper.

8
Bottom Line

• Really, virtual or online bookkeeping are the
  same thing, describing the new paperless wave of
  bookkeeping. Some people prefer the word online,
  others prefer the term virtual. Still others use
  the term remote bookkeeping.

9
Get In Touch

• MAQ CPA Professional Corporation 
• 1840 Lawrence Ave East Unit 203          
• Scarborough ON M1R 2Y4
• Work 416-901-4126
• Cell 647-572-1010
• Fax [phone]
• Emailabdul_at_maqcpa.ca
• Website https//maqcpa.ca/

10
Maps
1840 Lawrence Ave East Unit 203
          Scarborough ON M1R 2Y4
11
416-901-4126

• Whoa! Thats a big number, arent you proud?

12
Thanks!
??

• Any questions?
• You can find me at Emailabdul_at_maqcpa.ca