Effective bookkeeping enables your company to submit invoices on time, pay bills on time, and track expenses. On the other hand, poor bookkeeping can result in financial inaccuracies that create loopholes for accounting fraud.
You need to hire a good bookkeeper to manage your company's cash flow, write excellent reports, and give financial insights. Discover traits that an excellent bookkeeper should have.
Transparency and Trustworthiness
You should hire a bookkeeper willing to list their previous clients if they have any and quote the service fee without hiding any costs. Have a transparent person to avoid accounting fraud.
An honest bookkeeper will facilitate you to build a trustworthy relationship and feel safe. You must trust whoever manages your financial records since they have access to most of your financial records. You need to ensure that you hire a bookkeeper you trust not to embezzle your company funds.
Analytical Thinking and Numeracy
Hiring a bookkeeper who can analyze financial information and relate it to your business is prudent. To beat the competition, have someone who can think ahead and find out how your company can use resources effectively to save money.
If your bookkeeper is proficient in handling large numbers, you can rest easy. The daily activities of bookkeepers involve performing calculations. Furthermore, your company will benefit from having confidence in the accuracy of the data and reports you present to stakeholders.
Technical Know-How and Credentials
Technology keeps changing, and so does online accounting software. Hire someone familiar with the best software to enhance speed and accuracy. If you already have a software package, ensure they can use it and stay updated with the latest versions.
A certified, trained bookkeeper who has experience working in the real world can significantly benefit your business. If you prefer a newbie, ensure you offer on-the-job training. Hiring a bookkeeper with the correct credential translates to quality services, as certifications prove compliance with the relevant standards.
Organization and Efficiency
Good bookkeepers streamline processes to ensure they make reports on time and beat deadlines. Therefore, hire someone with a detailed understanding of the industry and your business activities. In addition, your company needs to meet the rigid government guidelines for filing taxes. You can only surpass the set standards if your bookkeeper is highly organized.
Your company must prepare for the tax season. For this reason, hire a bookkeeper who is a good planner and aware of deadlines for audits and taxes. Whereas you need an accountant to prepare taxes, the bookkeeper must ensure your company's preparedness.
Communication Skills and Time Consciousness
A bookkeeper needs to communicate with clients, suppliers, and managers constantly. Therefore, you need to hire one who can communicate effectively and maintain good relationships with all parties. Sometimes, the bookkeeper will require information or files from your staff, and this process will be challenging without good communication skills.
You can also benefit from a bookkeeper who can manage time to meet deadlines, maximize productivity, and handle multiple projects effectively. In addition, you need someone who can maximize the daily share of time to get priority tasks done first. Businesses also face strict government deadlines for filing taxes. You can only meet such deadlines when working with a time-efficient bookkeeper.
Attentiveness and Problem Solving
Bookkeepers deal with numerous numbers that can be confusing and challenging. Therefore, ensure you hire one who can notice minor errors that may have extreme consequences for the company.
Also, hire someone who can solve problems such as numbers that do not reconcile. In addition, you need someone to fix issues since overlooking mistakes can result in significant errors. These aspects require an attentive bookkeeper who doesn't miss any minute details.
While hiring a bookkeeper makes you spend more initially, you stand to achieve financial benefit in the long run. At Quality Bookkeeping Services Inc.
, we offer excellent and unique bookkeeping services to meet your desired needs. Call today.
