Bookkeeping should only ever be done by those with the proper experience and training to ensure that it is done right. It can very easily go from a simple part of your day to something that takes a lot of unnecessary time to complete if you do not know what you are doing. Also, as a small business owner, it can also take up a lot of your valuable time that could be spent doing other things to promote and market your company. Hiring someone for bookkeeping is a good idea if you are not sure what you are doing, but making sure you find the right person is not always easy. Here are five questions you should ask anyone that you are considering doing your bookkeeping for you.
Do You Have the Right Credentials to Help My Business Succeed?
Bookkeeping is something that should be left to those who have been properly trained in how to maintain the books legally, and without any problems. This requires years of schooling or hands-on training, as well as the consistent need of staying up to date with things as they change each year. Bookkeeping is not one of those professions where you can go to school once and never have to update your skillset. Book keepers must keep checking out on the changes that happen each year to make sure that they are saving client’s money and filing all of the appropriate paperwork in a timely fashion. These credentials are one of the most important steps in finding someone qualified to do your bookkeeping.
Do You Have Top-Notch Bookkeeping References?
On top of having the right education, experience, and training, you also want to find out what type of references your potential book keeper has. You will want to speak with the person they are currently working with or for, and you will want to speak with at least one former client to see why they are no longer working together. If you find that the person you may potentially hire was not good at keeping up with doing his or her job as often as the former client needed, this should be a red flag and something that you make sure you consider before moving forward, as it could impact your small business. You also need to make sure that you can trust what this person has to say, as you are giving him or her a lot of personal information to do your bookkeeping for you. If you cannot trust this person, then they should not be doing your bookkeeping – period.
What Type of Experience Do You Have in My Specific Industry?
There are many types of businesses in Carrollton, Texas. Your company may be totally unique, or it could be very run of the mill. Either way, finding out if the person you are considering doing your bookkeeping knows your business is important. They are going to be in charge of your finances currently and your financial future, so having someone that understands what your industry is all about and how things ebb and flow in your industry can only help you. If your business is so unique that it can be hard for them to provide experience in something very specific to you, ask about what bookkeeping responsibilities they have had in one or two industries that would closely resemble or parallel your own. This may help you see something in them that you may have otherwise overlooked because your niche is so specific.
Which Skills Do You Have in Bookkeeping That My Company Needs?
When it comes to bookkeeping, you may need something simple like billing your clients and payroll, or you may need something more complicated like tax shelters, annuities, 401(k) sharing and matching, and more. What you need in terms of bookkeeping is going to determine the type of person you hire, so make sure you find out how many of the specific skills you need, this person or company has, before you decide to hire them.
How Much Interaction Can You Expect with Your Book Keeper?
You want someone who is going to be active in terms of your bookkeeping. You do not want someone that is just going to robotically go through the motions and never have anything to say or to add to your business. This is your small business, so you want someone that you can feel comfortable enough with during your working relationship to be able to bounce ideas off of one another, and to be able to talk with to see how to make things progress. Bookkeeping is more than just making sure you and your employees get paid, so you need to find someone that is going to speak with your regularly and let you know where you are getting extra money, where you are losing money, and where you could be saving money.