Virtual accounting has become commonplace for US businesses, both large and small.

Technology changes, but basic accounting methods do not.  It is no longer necessary to hire, train, house, and pay a full-time accountant, nor is it necessary to locate an accounting firm “down the street” to handle your accounting needs.

Business owners now have the luxury of finding an accounting firm who best meets their needs, understands their specific industry, can be immediately available to access necessary information, works only when there are specific needs, has immediate access to the financial records of their firm, and can provide support to existing bookkeeping/accounting personnel, regardless of their location. 

How can Virtual accounting help your business?

The cost of hiring, training, providing office space and supplies, overhead, etc. has increased and is continuing to rise. Virtual contractors do not require these costs, nor do they have to be kept busy when there are not accounting needs. They do not encumber your payroll system, require insurance, PTO, or any other company benefits supplied to direct employees.

Using a well-qualified accounting professional with knowledge of your industry who is well-versed in all aspects of business accounting as a Virtual contractor is an extremely efficient and cost-effective way to ensure that your accounting needs are met.

Are there risks to using Virtual accounting services?

It’s important to choose a virtual accounting firm that prioritizes security and professionalism. Look for firms that use encrypted email, maintain a secure website, are properly insured, provide client references, and are transparent about their rates.

At Summit Accounting Partners, all employees sign strict confidentiality agreements as a condition of employment, ensuring your data is handled with the highest level of care. While individual NDAs aren't signed with each client, our internal policies and agreements are designed to uphold your privacy and protect sensitive information at all times.

Our Commitment to Data Security

We take the security of your information seriously. That’s why we use Practice Protect, a leading cybersecurity platform designed specifically for accounting and professional services. With enterprise-grade encryption, device-level protection, and strict access controls, your data stays safe—no matter where or how we work.