The cash-based accounting method is the simplest method, and makes it easier to track your cash flow in real time. You record transactions when the money actually enters or leaves your business, even if they were earned or billed earlier.

Connect remotely to your client's computer to balance the books, just like if you worked on-site. Work through an online cloud-based bookkeeping software (such as QuickBooks Online or Xero) with your own secure login. Use the same desktop software you're used to, but accessed through a hosted virtual desktop.

Challenges bookkeepers face Most people would say that the work of a bookkeeper is hard. In addition to having basic bookkeeping education, one should be familiar with laws. Frequent changes in the legislation further complicate this work.