Profitability often comes down to a mix of factors such as the utilization of efficient bookkeeping software, a clear pricing strategy, and a solid network of potential clients and referrals. The use of powerful bookkeeping software allows for effective management of your clients' financial records.

Like traditional on-site bookkeepers, virtual bookkeepers manage day-to-day financial tasks like recording transactions, reconciling bank and credit card accounts, and processing payroll. ‍ The key difference is that a traditional bookkeeper needs to be present in your workplace to carry out these tasks.