Like it or not, the United States is rapidly becoming what’s commonly called a gig economy, populated by workers of all ages who for a variety of reasons prefer to work independently on off-staff jobs of varying time lengths. It’s not for the faint of heart, and that goes for the accounting involved with these…
By Harlene Gomez on May 30, 2017
Vertaccount Survivor Summer Outing 2017
Vertaccount held this year’s summer outing at Sabangan Beach Resort in Laiya, San Juan, Batangas, Philippines and kicked off the summer with a survivor inspired theme party. The team enjoyed the splendid beach of Batangas with blissful game adventures prepared by the committee. Participated by four teams, each of them has prepared and gave their…
By Ace Garcera on October 26, 2016
New Deadlines for Form 1099 and Form W-2
US Congress recently passed a new law that changed certain Form 1099 and Form W-2 deadlines. In order to combat tax fraud, US Congress passed The Protecting Americans from Tax Hikes (PATH) Act of 2015. It was signed by President Obama last December. This act revises the filing deadlines for Form W-2 and certain Form 1099.…
By Ace Garcera on October 10, 2016
Bernice Speaks Again At COC Event
Bernice Parsons delivered another educational talk about back office outsourcing during the recent Chamber of Commerce Hawaii Focus On Series. The event was conducted last Oct. 5, 2016 at the local chamber’s office. It was attended by chamber members and several guests who wanted to learn about back office outsourcing and how to make the…
By Ace Garcera on September 29, 2016
Vertaccount Conducts LEAP
Last September 23 – 25, 2016, Vertaccount managers, supervisors and team leaders together with Vertaccount CEO Aye Navarro went to La Luz Beach Resort in Laiya, Batangas for a 3-day management training and seminar called LEAP. LEAP stands for Leadership Excellence Acceleration Program. It’s an HR initiative for management level employees in order to propel…
By Ace Garcera on June 2, 2016
Minimum Wage Increases in Metro Manila
Workers in Metro Manila have been granted a much awaited salary increase. June 2, 2016 marks the date when the minimum wage for Metro Manila workers is increased by P10. Minimum wage is now P454 for workers in the agriculture sector and P491 for workers in the non-agriculture sector. This will apply to all workers in…
By Ace Garcera on February 15, 2016
Gig Economy for CFOs?
Hawaii Business recently released an article about the Gig Economy and how it affects not just small independent contractors but also C-Suite Level Executives. In the article, Hawaii Business gave several real life examples of Americans who benefit from the Gig Economy. One of them was Reg Baker, an independent CFO who serves in the U.S. Small Business…
By Ace Garcera on February 15, 2016
Bernice Parsons Speaks About Good Financial Records
Vertaccount President and Co-Founder, Bernice Parsons was invited to speak at COC Hawaii FocusOn for a second time. Her topic was about increasing profitability by maintaining sound financial records. The event was held last February 11, 2015 from 8am – 11am. In her talk, Bernice shared good bookkeeping practices to ensure that a business owner…
By Ace Garcera on January 27, 2016
Parsons to Speak at COC Hawaii Focus On
Vertaccount President, Bernice Parsons, is once again speaking at COC Hawaii’s quarterly event – FocusON. Last October 2015, she spoke about the benefits of having a Manila back office during FocusON: Back Office Outsourcing. This quarter, the topic is about Driving Profitability with Financial Analysis. Bernice will be joined by Reg Baker, a nationally recognized expert in…
By Ace Garcera on December 11, 2015
Vertaccount Celebrates 5 Year Anniversary
Last December 5, 2015, Vertaccount celebrated their 5 year anniversary with a black-and-white cocktail party at Grass Garden Resort in Plaridel, Bulacan. The event’s highlight was the screening of the entries for VA’s Top 5, a video making contest about the 5 things that makes Vertaccount special. Five teams were asked to come up with a 5-minute video…
By Ace Garcera on October 21, 2015
Vertaccount Partners With Full Suite
Vertaccount has finally conquered the Philippine market as we partner with local business advisory firm – Full Suite. Full Suite is a Philippine company that helps small businesses and entrepreneurs access top quality back office services like accounting, business registrations & renewals and HR services. Founded by Danella Yaptinchay, the firm caters to aspiring entrepreneurs and helps their businesses…
By Ace Garcera on October 1, 2015
COC Hawaii Hosts Back Office Outsourcing Forum
Back Office Outsourcing is here to stay. COC Hawaii hosted an event to help their members identify if outsourcing is for them or not. Last September 23, Bernice Parsons spoke in front of a crowd of entrepreneurs and business owners about making Back Office Outsourcing work. The event was organized by the Chamber of Commerce…
By Ace Garcera on August 20, 2015
Vertaccount Conducts LODE
Vertaccount held a two-day Leadership Organization Development Exercise (nicknamed LODE) last August 8-9, 2015. VA’s top management, which included the team managers of the organization’s extensive workforce, participated in the exercise. It was a productive session where strategic directions concerning the associates of the company were tackled. The purpose of the exercise was to develop the…
By Ace Garcera on July 30, 2015
Vertaccount Joins #MMShakeDrill
Metro Manila held #MMShakeDrill, a city-wide earthquake drill today, July 30, 2015. At exactly 10:30 AM, sirens and emergency alarm systems blared in various buildings and institutions around the Metro announcing the start of the drill. Around 6 million people from schools, religious institutions, government offices, private business establishments and residential barangays participated. Some roads…
By Ace Garcera on July 24, 2015
Bernice Speaks at the #galswithLEI Forum
In today’s Internet Age, we can re-invent the back office by being adaptable & agile and by investing in our employees so we can create a truly micro-global business. -Bernice Parsons, #galswithLEI forum July 23, 2015 Our President, Bernice Parsons was invited to share her experiences as a successful entrepreneur during the recently concluded #galswithLEI…