Top Five Things To Look For When Hiring A Bookkeeper
Bookkeeping is not everyone’s cup of tea, but hiring a professional and knowledgeable bookkeeper can help you understand it better and save time by getting your finances done at the right time.
Hire a bookkeeper who can be trusted with your finances and is motivated to help you manage your cash flow better. Ideally, one should look for a certified and experienced bookkeeper to ensure a seamless partnership.
If you’re looking for online accounting and bookkeeping services, here’s a list of the top five things to look for in a bookkeeper.
1. Choose a local or virtual bookkeeper
You will want to connect with your bookkeeper personally regularly. Hiring someone in your area isn’t always a requirement, especially with the amount of online collaboration and meeting tools available such as GoToMeeting, Team viewer, and QuickBooks Online. Whether you choose a local bookkeeper or someone remote, make sure they understand local business laws and other regulations. An experienced local or virtual bookkeeper will have first-hand knowledge of financial strategies that work best with the customer base. They can provide suggestions for increasing your revenue.
2. Hire a person who understands your business
It’s key that the bookkeeper understands your industry and unique financial needs. Ask the applicant about their experience with businesses like yours. Have they worked with companies that are about the same size and have the same number of employees? Bookkeepers that don’t understand your business may create costly errors. They may not have the experience and foresight to guide your financial path.
3. Ask what software they use
Before hiring an individual, ask what accounting software they use. If you already have a preferred software package, will they use that? If not, will you have administrative rights to their software? You must maintain access to your financial information. All accounting files must remain clear and transparent for your protection.
4. Make sure they have tax experience
Over the life of your business, taxes can have a compounding effect on your income. Thus, it’s important to decrease your tax burden in line with tax laws. This will help you reach financial goals more quickly. Make sure that your bookkeeper is well versed in all tax law changes. They should guide you in creating the best tax-efficient structure for your company.
5. Detail-oriented
A good bookkeeper must be thorough and pay attention to the details. For example, when you make a sale, your bookkeeper should be able to track who the customer is, the terms of the deal, and how to record and document the sale properly.
If you’re looking for accounting and bookkeeping services, reach out to Alvarez Lendle And Associates LLC.
We have been providing bookkeeping services since 2015, and you can get in touch for a free 1-hour consultation. We offer online accounting and bookkeeping services for established businesses, expanding small businesses, rising, the novice, and consulting services.
To learn more about the services we offer, please click here. For more information please call us at (424)-466-4649 or email us at info@alvarezlendle.com.