Do you need an Accountant? Physical Accountant at your office or Virtual Accountant?
1. Yaar Koi Acha Accountant de do
2. Koi Acha Accounting staff nahi hai
3. Accounts ki reports time pe nahi aa rahi hai
4. MIS time pe nhi ban raha hai
5. Mere pass Debtor and Creditor ki list updated nahi hai....
But do you think companies actually need a accountant in person for there organisation?
In the present Era of Digitization, it is very Important for the company / Business houses to switch to virtual accounting system. Virtual accounting in simple terms is an accounting system where:
1. All your accounts are updated on Virtual accounting package thus giving access to the client on real time basis for there books of accounts
2. All your Physical documents are stored on cloud storage system thus safe and secure
3. Business owner can get the profit and loss account statement and statement of assets and liabilities at the click of a single button
4. Virtual consultation with experts is also provided to resolve any query
5. You can access your books of accounts on your Mobile through a Mobile Application
6. All your necessary statutory reports can be accessed any time
7. Exception reports are also provided by the system
and Many other feature
Thus, Essentially, the future of accounting is Virtual Accounting. Considering the large scale Impact of COVID 19 on business, it is better for business houses to shift there accounting from present physical accounting to virtual accounting which does not require any in person exchange of documents between 2 members.
Before ending this blog, i would like to mentioned only one thing, Business house can either adapt to changing accounting environment with comparatively lower cost or continue with the same physical set up with higher cost and risk. choice is yours.
By,
Team PalanKarta
India
For any query or concerns on the same, you can reach out to us at contactus@palankarta.com.
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