Many small business owners decide to do bookkeeping on your own during the initial stages of their business. But as the business grows, they start feeling the need of a professional bookkeeper, who can assist them with recording their company’s financial transactions, including the sales, purchases, payments, receipts etc. If you are also finding yourself in such a stage, then here are a few points that can help you choose the right bookkeeper for your business:
- Handling of responsibilities: The bookkeeper you choose should be able to handle responsibilities of your job, including tracking revenues and expenses of your business, and overseeing your bank accounts. More experienced bookkeepers will also be able to pay the bills, file taxes, handle payrolls, and interface with the accountant.
- All-rounding knowledge: The bookkeeper should be knowledgeable not only with general bookkeeping, but with the related accounting software programs etc. Even the most experienced bookkeeper will be useless if he cannot synchronize it with your company’s accounting software.
- Availability: If you are hiring a part-time bookkeeper, you need to ensure that he or she will be able to devote the needed time to your job. Do not hire the one who already has a full load of work, as he or she may not be able to give you the attention that you deserve. Also make sure that he or she meets the deadlines for your job.
- Confidentiality: You will be revealing your company’s confidential information to your bookkeeper. So, before hiring him or her, make sure that your company’s confidentiality will be maintained, and your data will be kept secured.
- Communication skills: Bookkeeping needs a lot of attention and concentration, and it is usually done by people who are comfortable working in isolation. But this trait should not be a necessary trait of your bookkeeper’s personality. He or she should be available for communication, not only with you, but with your accountant too.
- Ask a few questions: Before hiring a bookkeeper, make sure that he or she is not only experienced, but skilled and qualified too. Give attention to the fact that the bookkeeping course he or she joined was at least 12 weeks long, and he or she attended a course in accounting software too. Not only this, make sure that he or she undertakes training every year to hone his or her skills with the latest developments.
When you hire a qualified, experienced and skilled bookkeeper for your business, you can hand over all your finance related projects to him or her, and concentrate more on your business productivity.