Virtual bookkeeping service that saves you time and money

We provide a virtual bookkeeping service. No matter where you may be located, our bookkeeping team uses technology to meet with you, help get you set up, exchange files, and then, work with you through the month to manage your books and financial reports virtually.  We'll connect with you in whatever way you are most comfortable connecting be it online or on the phone.

There are several benefits that virtual bookkeeping has over traditional methods. Because the service is delivered virtually you have access to your records whenever you want. You can connect with your bookkeeper – ask questions, exchange documents, access your financial statements when it’s convenient for you. There’s no need to set aside time for an in-person meeting – you can focus on running and growing your business, rather than worrying about your books.

When you subscribe to FBC's LOOP Virtual Bookkeeping, a dedicated bookkeeper will be assigned to your account. We pride ourselves on the depth of experience, training, and certification of our entire bookkeeping team. Because they get to know you and your business, you can be confident your books will be done right.

• Each month we complete standard bookkeeping tasks including journaling, reconciliations, and basic accounting reports.
• A dedicated bookkeeper who knows you, your business, and your needs.
• Transactions are automatically imported directly from your bank feed with journal entries updated each month.
• Tools to help you manage invoicing and cash flow including mobile and desktop apps for secure access to your on-line account dashboard.
• Support with GST/HST filings.
• Monthly trial balance, transaction record summary, summary balance sheet, and income statement.

Your monthly subscription fee is based on amount of revenue generated by your business and the number of bank/credit card accounts you use. We’ll review the status of your account each year. Changes to either of those variables may affect your subscription fee.

FBC LOOP Virtual Bookkeeping uses either Quickbooks or Kashoo to manage your books. If you’re using other bookkeeping software, we’ll help get you set up with either of these programs.  The license fee in included in your subscription to LOOP Virtual Bookkeeping.

Yes, you can access your bookkeeping records anytime and anywhere you have an internet connection.

If you're behind in your books, we charge a one-time fee to get you caught up.  Your bookkeeping specialist will assess your needs and give you a timeline to get you up-to-date.

Yes, FBC offers both payroll and tax preparation services.  For more than 65 years FBC has been providing accounting and back-office support to farms and small businesses across the country. If you’d like more information about any of our services, talk to your bookkeeping specialist.

We can help you manage your invoice reconciliation process and revenue tracking.  We do not send invoices to your clients on your behalf.

No, FBC Bookkeeping does not track or manage inventory.

Yes. FBC Bookkeeping uses 128 bit encryption and the same security protocols as banks and other financial institutions. We do not store any of your security information including passwords or credit card numbers. Your data and personal information is protected.

No. FBC LOOP Virtual Bookkeeping connects to your business bank and credit card accounts but only as a data feed to record the transactions required for bookkeeping purposes. We cannot generate or create transactions or affect your accounts in any way.

Your FBC LOOP Virtual Bookkeeping subscription will automatically renew each month. You can cancel any time simply by notifying the bookkeeper assigned to your account. If you'd like to keep your Kashoo or QBO license after cancellation, we'll arrange to have it transferred to you.