When a business signs up for a virtual accounting service, a dedicated virtual accountant gets assigned to the business. This virtual accountant learns about your business’s financial details and recommends what is best for your business. They then collect information about the bank accounts linked to your business, loan accounts, and other information. Once you provide this information, each month your virtual accountant will get all information about your transactions without you having to provide anything.  The virtual accountant then does the bookkeeping and sends the client reports for interpretation. Generally, you can reach the virtual accountant assigned to you through a given phone number, text, email, or the website.