MF Virtual Solutions

MF Virtual Solutions I am an entrepreneur who helps small businesses focus on running their business while I handle bookkeeping tasks as well as administrative projects.

I am the founder of MF Virtual Solutions. I am a Virtual Assistant offering services in administrative and bookkeeping services with specialty in QuickBooks. I specialize in working with small and medium size business owners to help them organize and achieve financial clarity. I decided to launch MF Virtual Solutions LLC in the beginning of 2020.Prior to opening my own business I worked in the cor

porate environment but I found myself wanting to work for myself. Privately, I am a wife and a mom to a beautiful 3 year old boy here in NJ. I am a animal lover. I am a Ballerina dancer. I love family time, taking walks and listening to music. My Goal is to stay on top of your bookkeeping needs so that you have the real data available for when you need to make important decisions.

Who doesn't LOVE free checklists?? ⁠⁠Let's make 2022 our most organized year yet! 🎊⁠⁠Download my free bookkeeping checkl...
03/30/2022

Who doesn't LOVE free checklists?? ⁠
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Let's make 2022 our most organized year yet! 🎊⁠
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Download my free bookkeeping checklist by clicking the link below!

https://forms.gle/zZyTFSoz4YeQhA8x9

In 2022, these companies are required to send you a 1099-k if you earn $600+ with no minimum amount of transactions. Thi...
03/29/2022

In 2022, these companies are required to send you a 1099-k if you earn $600+ with no minimum amount of transactions. This form with your info will also be sent to the IRS. 📬

So make sure you don't "forget" to report any of your income 🙃

Here's what you can do:

✔️ Don't freak out.
✔️Make sure you are keeping track of reporting ALL income.
✔️Make sure you keep track of ALL expenses to reduce your taxable income.
✔️Try to limit the number of payment processors you use (it will make bookkeeping much easier).

Have questions? Comment them below & I'll be happy to answer them!

Here are 5 signs your business is ready for a bookkeeper! Which best applies to you? -⁠-⁠-⁠
03/24/2022

Here are 5 signs your business is ready for a bookkeeper!

Which best applies to you?

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End of the week = time to do your weekly bookkeeping! ✨By doing your books each week you’ll get into a better routine of...
03/23/2022

End of the week = time to do your weekly bookkeeping! ✨

By doing your books each week you’ll get into a better routine of keeping your books up to date. ✔️

When month-end comes it should be a breeze to do your final checks and move on.

If your cash flow is tight you’ll also have a better idea of what’s happening each week and where you may need to pay attention to for the following week.

Let me know in the comments below if you do your books weekly... 💬
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❸ Common Types of Bank AccountsNot sure if you need to set up any of these bank accounts?Or need help keep track of the ...
03/21/2022

❸ Common Types of Bank Accounts

Not sure if you need to set up any of these bank accounts?

Or need help keep track of the money going in and out of each account?!

Message me to figure out the best system for your business!
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Who else gets nervous to send out reminders to clients? Or maybe just too busy and you forget to send them? Well, you ca...
03/18/2022

Who else gets nervous to send out reminders to clients? Or maybe just too busy and you forget to send them?

Well, you can relax when it comes to chasing down those unpaid invoices!

Setting up Quickbooks, Wave, or Xero can chance down those invoices for you. Getting payment from people on TIME means keeping your cash flow healthy - which is highly important for your business.
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Bookkeeping Tip: Doing it yourself doesn’t always save money - it might cost you more, in the long run, to have it done ...
03/16/2022

Bookkeeping Tip:

Doing it yourself doesn’t always save money - it might cost you more, in the long run, to have it done right!

Message me today for a free discovery call! Let's get your business growing and running smoothly.
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When it comes to record-keeping for your business, it's better to be safe than sorry! ✨Do you know which records your bu...
03/15/2022

When it comes to record-keeping for your business, it's better to be safe than sorry! ✨

Do you know which records your business actually needs to keep and how long to keep them for?

You can save this post so you can come back to it later! 🔖

The IRS requires business owners to keep financial records, but good record keeping does more for your business than just keeping you compliant. 📈

Here's a list of the records you'll want to keep safe for your biz:

💵 Receipts
💵 Invoices
💵 Bank Statements
💵 Tax Filings & Returns
💵 Financial statements

It is essential for you to keep your financial records for up to six years. I know, it seems like a long time, but trust me on this one!

The IRS can request up to six years' worth of financial records, so it might seem like a lot to keep for such a long time, but if you were to ever get audited, you'll be glad you had everything you needed!

Do you have all the records your business needs to stay on track??? 💬
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Ever wonder if you are missing a vital tax deduction???Take a look at 10 deductions every small business needs to be awa...
03/03/2022

Ever wonder if you are missing a vital tax deduction???

Take a look at 10 deductions every small business needs to be aware of.

✨ Home Office
✨ Accounting/Bookkeeping Services
✨ Cell Phone
✨ Software
✨ Your Domain/Web Design Services
✨ Insurance
✨ Graphic Design
✨ Business Cards
✨ Parking Expense
✨ Travel

Have questions? DM me and I would love to help.
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Which form of tracking do you use??? 💬 below! Here are some ways to track your business finances:1. Pen & Paper - If you...
03/01/2022

Which form of tracking do you use??? 💬 below!

Here are some ways to track your business finances:

1. Pen & Paper - If your biz is just starting out and you’re tracking your finances on paper, this is a great start! I am proud of you for making this a priority in your business. However, this is not going to be sustainable for long-term growth.

2. Excel or Google Spreadsheet - More ideal than #1. A spreadsheet leaves less room for error, is less likely to get lost or destroyed, and is still free!

3. Accounting Software - These are great IF you have some sort of accounting/biz finance knowledge. The software does not do the work for you, but when done correctly it will provide a very comprehensive look at the financial standing of your business. These cost anywhere between $20-$40/month.

4. Not tracking at all? Let’s get you started TODAY! It’s never too late.

Click the link below and let’s get your business books in order.
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https://calendly.com/mfvirtualsolution/discoverycall

Address

Stockton, NJ
08559

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 2pm
Sunday 9am - 2pm

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