How to hire a bookkeeper for your small business

how to hire a bookkeeper

If you don’t have an accountant, you can opt to add tax filing to your subscription, and let Bench take care of taxes for you. At Bench, for example, we connect directly to your bank and credit card accounts to automatically pull your transactions. For small businesses with straightforward transactions, modern ecommerce accounting software may suffice, automating much of the routine bookkeeping and tax preparation. When looking for a bookkeeper, it’s crucial to consider their qualifications and experience. Seek someone with a degree or certification in accounting, finance, or a related field. These credentials show they have a solid understanding of financial principles.

At tax time, you send way too many emails to your accountant

Use the working with data test to determine whether they are expert data entry specialists and can analyze data accurately every day. The Robert Half platform has a specific option for sourcing remote accounting and bookkeeping staff for your organization. Whether you are looking for long-term or short-term temporary bookkeepers, you will find interim staffing options at Robert Half. This is the ideal platform to use if you are trying to source full-time bookkeepers.

Have you ever had to adapt to any new accounting software?

As utilizing accounting software has become common, you might want your bookkeeper to know how to use the accounting software your business uses or plans to use. It’s helpful if they’re familiar with popular tools like QuickBooks, Xero, or others specific to your industry, making it easier for them to fit into your existing financial processes. As you can see, the attention to detail maintained by a bookkeeper is instrumental in preventing costly errors and legal complications. Yes, bookkeepers contribute significantly to the smooth functioning of a business, keeping the financial records accurate and up-to-date. But they also help wiser decision-making based on correct business data.

  • The Robert Half platform has a specific option for sourcing remote accounting and bookkeeping staff for your organization.
  • Your bookkeeper should be able to confirm they have security essentials in place.
  • This can save you time and effort, reduce the risk of errors, and provide valuable insights into your business’s financial health.
  • Learn more in our guide Why you need to get an accountant or bookkeeper.
  • If you’re racing to get your books prepared for tax season and you feel generally behind on your taxes, you may want to hire a bookkeeper to handle that for you.
  • Effective communication fosters transparency and ensures that everyone is on the same page regarding financial matters.

How can a bookkeeper help save me time and money?

Look for a professional with strong communication skills to ensure clear collaboration. Verify their track record and consider client reviews for credibility. Assess their ability to adapt to your business needs and maintain confidentiality. A reliable bookkeeper should be organized, trustworthy, and knowledgeable in tax regulations. Virtual bookkeepers have a basic understanding of tax regulations and requirements relevant to their clients’ businesses. They ensure that financial records are compliant with tax laws and assist in preparing necessary documentation for tax filing.

Evaluate the candidate’s proficiency in accounting software, such as QuickBooks, Xero, or other relevant platforms. Check their knowledge of Microsoft Excel and other https://www.bookstime.com/ software tools commonly used in bookkeeping. With a reliable bookkeeper, you can focus on your business instead of constantly worrying about cash flow and expenses.

how to hire a bookkeeper

You want to make sure you get your job posting in front of as many qualified applicants as possible. There’s good news for business owners who want to simplify doing their books. Business owners who don’t want the burden of data entry can hire an online bookkeeping service. how to hire a bookkeeper These services are a cost-effective way to tackle the day-to-day bookkeeping so that business owners can focus on what they do best, operating the business. For business owners who don’t mind doing the data entry, accounting software helps to simplify the process.

Sourcing bookkeepers for project/temporary work

Having a bookkeeper that matches your needs will eliminate the stress and anxiety of doing this work yourself or having someone else do it who may not have the skills necessary. By providing accurate and up-to-date financial information to help steer your business, a dependable bookkeeper should make your life easier and less stressful. This is vital information that directly relates to the core duties of the role. Ask the candidate to explain anything you are concerned about in the background report. Your bookkeeper will have access to highly sensitive information about both your company and employees. You must protect your existing employees’ confidential data by ensuring you hire a trustworthy employee.

How to hire a top bookkeeper: a comprehensive guide

  • Financial accountants calculate assets and liabilities and show outside investors how a firm is doing.
  • These steps often start with sending out an interview rejection letter to unsuccessful candidates before moving on to finalizing your chosen hire.
  • Consider the hiring options available, such as hiring an in-house bookkeeper, collaborating with a freelance bookkeeper, or utilizing online bookkeeping platforms.
  • In this guide we’ll look at what a bookkeeper can do for you, and when you might hire one for your business.

Some cities and states have begun enacting pay transparency laws where companies must list a target salary or a salary range in the public job ad. Even if your company doesn’t have an office in one of these locations but you’re open to hiring someone remotely, you’ll need to comply with these laws. However, if you’re hiring a freelance bookkeeper, you may not have to consider such compliance laws—more often than not, these only apply when hiring an employee. Since bookkeepers aren’t required to have the same level of credentials as accountants, they are often cheaper to hire and can save your company money. Bookkeeping covers many different industries, so it’s important to make sure that the person you hire is familiar with the industry your business operates in. Look into the industry-specific expertise they have to get a better idea.

how to hire a bookkeeper

Find out about your bookkeeper’s certifications and whether they are authorized in your Country. Full-Service Bookkeeping offers dedicated bookkeeping support including cleanup of your past books and ongoing bookkeeping, all done for you. Outsourcing work to a contractor or business can feel nerve-wracking, but it’s a big occasion on the road to business growth. Access Xero features for 30 days, then decide which plan best suits your business. If it detects malware, it’s a sign that you either need to beef up your security measures, or hand off the burden of bookkeeping security to a pro.

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