Our online services include bookkeeping and accounting:

1. Create databases of financial transactions.
2. Payroll processing.
3. Managing and paying accounts.
4. Examine reports for accuracy.
5. Reporting violations in data management.
6. Production of balance sheets.
7. Create income statements.

At Wall Street Consultancy, we specialize in providing the best online bookkeeping services to SME’s owners across universe. You’ll love your new team: Our virtual accounting services free you from your accounting hassles and give you one-on-one support to help you master your finances.

A.   Online Certified Accountants

You will get an online certified accountant or virtual accountant to support your business. Our online software also makes it easy to instantly track clerk and chat tasks and download reports.

B.   Not to be outsourced

Most of our bookkeeping team is located in our headquarters in the United Arab Emirates. We do not re-outsource bookkeeping management services to any other companies. This means your team can be reached and trained to support you.

C.   Business bank adjustments

We record all transactions from your bank account in our accounting system so that your business has a solid understanding of the current cash position.

D.   Credit Cards Management

When you use your credit cards, we record every transaction to help you manage expenses and see where your money is being spent.

E.   Accounts receivable

Your online bookkeeper can manage all invoices and customer interactions so that you get paid on time for your work. Our mission is to shorten your cash cycle and provide exceptional customer service.

And the. Accounts payable

When bills come in, we organize and record them in preparation for payment. Your virtual ledger can then process payments to your sellers via our partnership with Bill.com, making your life and cash flow easier to manage.

You may have a few questions before your company switches to virtual accounting and online bookkeeping services. Do not hesitate to contact us and ask as many questions as you like: we are happy to help.

Here are answers to the most common questions we are asked about virtual bookkeeping:

1.    What is online bookkeeping?

Online bookkeeping is very similar to traditional bookkeeping: It is the process of keeping your financial records. But with online accounting services, all of this work can be done in one virtual location, which makes it more convenient and allows you to benefit from expertise not found in your workplace.

2.    Is this only for small businesses?

No, in fact, the average customer makes anywhere between $ 1 million and $ 10 million annually.

3.    What is the best online accounting software for small business?

We use our accounting software as our primary financial platform, and we can also use QuickBooks (depends on business needs), which can help automate your company for greater efficiency.

4.    How do we get our documents to Wall Street Consulting?

There are several ways to obtain documents from us. We use Google Drive in addition to (any other available Drive services) to make things easier for you.

5.    What should I pay for bookkeeping services?

Most accountants charge between $ 700 – $ 1000 a month for their services, so you shouldn’t pay more than this. Our pricing packages allow you to pay on a quarterly; semi-annual, or annual basis, with rates starting at $ 350 per month. The cost of online accounting services will be adjusted to meet your needs.

6.    How long does it take to set up online accounting services?

Depending on the condition of your books, it may take at least two weeks to set up online bookkeeping services. If your books are not up to date, our Small Business Online Accountants will do so as we will need to organize them before we can proceed with the day-to-day work.

7.    How does a virtual bookkeeper work?

You will communicate with us remotely, and our online accounting services will take care of the details of your financial statements and provide you regular reports.

8.    Why should I use the virtual bookkeeping services on an in-house accountant?

1. Usually, we cost 40% of what you pay internal staff.
2. We have updated tools and software.
3. We offer a unique win-win training program.

9.    Is there a contract?

Most of our clients enter into a 6-month contract (since there is no admission fee). If your books are late, we may suggest one to ensure the relationship runs smoothly, but almost all of our customers are in line Half yearly with us.

10. Is there a setup fee?

If your books are recent, then there is no fee. If it’s messy when you start with online bookkeeping services from Ignite Spot, we can help you update it for a one-time fee. We have helped a lot of companies clean their books and we will do the same for you.

11. where do you live?

We are located in the United Arab Emirates