An outsourced virtual accountant is essentially an accounting professional who provides accounting services remotely. They use modern technology, such as cloud-based accounting software, to manage the financial affairs of their clients without being physically present in their office or working environment. Some of the popular cloud-based accounting software include Xero, QuickBooks, FreshBooks, Sage, etc. Through harnessing technology to enhance accounting procedures, outsourced virtual accountants have become an essential asset for numerous small and medium-sized businesses seeking top-tier accounting assistance.
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