Top Five Things To Look For When Hiring A Bookkeeper

When it comes to bookkeeping, everyone has to handle it to get through their taxation process. There are various rules they have to follow to make sure it is done right. There are some processes and procedures that they have to get correct if they plan on getting through the process. The better the bookkeeping team is, the better they would be at the amount they have to pay on their taxes.

However, through the process, there were some aspects of the work they were doing and were unsure about. A large group of people thought they could handle their bookkeeping and taxation, which they were allowed to do. Unfortunately, if not done well, they would end up paying a lot more fines and penalties. Additionally, there are aspects to bookkeeping where if they have the correct information, they could get tax breaks and other benefits, which would mean that they are effectively paying a lot less when it comes to their taxes.

When it comes to finding the best company to handle bookkeeping, you want to make sure that you do some research. There are many companies out there who would be able to assist with the process, but if you want the best results, make sure you know a bit about them. We learned that most people were picking the most convenient company to work with, and while that might work for them, we created a list that they can follow to make sure that they are finding the best for the job. They can apply the list to anyone that they work with, and they would see some results.

1. Attention to detail
When hiring a Bookkeeping professional, make sure the person you get has a knack for details because attention to detail is important. You want to make sure they know what they are doing and are paying attention to every change. If any numbers are incorrect, you could end up paying a different amount that might not necessarily be right. You want to make sure that they are well informed about the process before getting through.

2. They should be proficient in accounting software
Many small businesses use QuickBooks and various other accounting software. However, if you are planning on moving to software, your bookkeeper should be a ProAdvisor. The software is a one-stop solution to assist with any requirements and allows you to spend barely any time on bookkeeping. While there is a lot of software out there, it is important for the agency that you are working with to make sure the software picked by the company matches the work they do and their requirements. Working with a good team and the best software is probably the best way to get through the process.

3. Problem solving
Your Bookkeeping Professional should be able to investigate a discrepancy in numbers and come up with a solution. When companies work in the industry for some time, they tend to have faced many of these issues in the past so have solutions on getting through them. You want to be working with someone who has an answer to the issues you face and would be in the best position to assist and get through the challenge.

4. Basic accounting skills
They should be able to reconcile bank and credit card statements and manage accounts payable and receivables. They should be able to review your books for errors. Some companies teach you to handle your books so you can get through the process faster. They would teach you the parts you should stay on the lookout for and the changes you should be making that would benefit you in the future. However, when you are done, they should be reviewing the information that you put together and should have the ability to spot any errors. They should tell you how to get through them for the next time as well.

5. Tax preparation
Your Bookkeeping Professional may not file your taxes for you, but they should be able to prepare your books to be handed over to your tax accountant seamlessly. When it comes to learning the rules, the first couple of months of working with them, they would teach you the process so you could get through it with ease. If there are any challenges you face along the way, they would be in the best position to assist with those and solve them.

Through the pandemic, if you are looking for Virtual Bookkeeping Services for Small to Medium Businesses across the USA, connect with Spickerman Bookkeeping. Through the pandemic, meeting people was quite challenging so we worked on getting through the process remotely. We had meetings with our clients virtually to get through the process without leaving the comfort of their homes. There are other changes they would have to get through, and we are always a virtual meeting away. If you are looking for a better understanding of the services that we provide, please click here. If you want to get in touch with us or think we can assist with your accounting in any way, please click here.